Unemployment Persistence and Capital Shortage : The Case of Trinidad and Tobago /
This paper examines the link between capital stock and unemployment persistence. An overlapping-generations model with endogenous labor supply and imperfect competition is presented. It is used to interpret the unusual persistence of unemployment in Trinidad and Tobago during the last twenty years....
Κύριος συγγραφέας: | |
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Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
1997.
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Σειρά: | IMF Working Papers; Working Paper ;
No. 1997/077 |
Διαθέσιμο Online: | Full text available on IMF |