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Open Access item Unemployment and Wage Formation in a Growth Model with Public Capital

Authors:Raurich, Xavier
Sorolla, Valeri
Keywords:Unemployment, Wage Formation, Public Capital, Endogenous Growth
Issue Date:2002
Series/Report no.:UFAE and IAE Working Papers
508.02
Abstract:We study the relation between public capital, employment and growth under different assumptions concerning wage formation. We show that public capital increases economic growth, and that, if there is wage inertia, employment positively depends on both economic growth and public capital.
URI:http://hdl.handle.net/10261/1945
Appears in Collections:(IAE) Informes y documentos de trabajo

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