Capital and labor in thelong-run: evidence fromTobin's q for the US

Andre Mollick () and Joao Faria

Applied Economics Letters, 2010, vol. 17, issue 1, 11-14

Abstract: This paper assesses different measures of Tobin's q on the US labor market over 1948--2002. We find a negative long-run relationship between the unemployment rate and Tobin's q , which is consistent with capital and labor being complements in production.

Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/10.1080/13504850701719819 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:17:y:2010:i:1:p:11-14

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504850701719819

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().