Unemployment, Capital-Labor Substitution, and Economic Growth /

This paper discusses the influence of economic growth on the equilibrium unemployment rate (NAIRU). It examines how income distribution and the NAIRU are influenced by capital formation, technical progress, and labor force expansion, and how these factors' impact depends on the elasticity of su...

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Detalhes bibliográficos
Autor principal: Rowthorn, Bob
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1999.
coleção:IMF Working Papers; Working Paper ; No. 1999/043
Acesso em linha:Full text available on IMF