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.
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Format: | Digital revista |
Language: | English |
Published: |
Universidad de Guadalajara
2013
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Online Access: | http://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S1870-66222013000100002 |
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