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...
Հիմնական հեղինակ: | |
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Այլ հեղինակներ: | , |
Ձևաչափ: | Ամսագիր |
Լեզու: | English |
Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2013.
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Շարք: | IMF Working Papers; Working Paper ;
No. 2013/097 |
Առցանց հասանելիություն: | Full text available on IMF |