Productivity or Employment : Is It a Choice? /
Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends on their effect on aggregate demand. We raise the possibility that in response to labor supply shocks firms adjust efficiency, rendering TFP endogenous to firms' production deci...
المؤلف الرئيسي: | |
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مؤلفون آخرون: | , |
التنسيق: | دورية |
اللغة: | English |
منشور في: |
Washington, D.C. :
International Monetary Fund,
2013.
|
سلاسل: | IMF Working Papers; Working Paper ;
No. 2013/097 |
الوصول للمادة أونلاين: | Full text available on IMF |