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...
Автор: | |
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1999.
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Серія: | IMF Working Papers; Working Paper ;
No. 1999/043 |
Онлайн доступ: | Full text available on IMF |