Reaching the optimal growth: The role of labor market institutions

We develop a general equilibrium model of endogenous growth with trade unions and other labor market institutions. We show that it is possible to reach the optimal growth rate by compensating the distortions on the goods-sector due to the growth process with the distortions induced by the labor market rigidities.

Saved in:
Bibliographic Details
Main Author: Quintero Rojas,Coralia Azucena
Format: Digital revista
Language:English
Published: Universidad de Guadalajara 2013
Online Access:http://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S1870-66222013000100002
Tags: Add Tag
No Tags, Be the first to tag this record!