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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Bibliografiska uppgifter
Huvudupphovsman: Rowthorn, Bob
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1999.
Serie:IMF Working Papers; Working Paper ; No. 1999/043
Länkar:Full text available on IMF