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....

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Tác giả chính: Braumann, Benedikt
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1997.
Loạt:IMF Working Papers; Working Paper ; No. 1997/077
Truy cập trực tuyến:Full text available on IMF