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|Title:||Unemployment and Wage Formation in a Growth Model with Public Capital|
|Authors:||Raurich, Xavier, Sorolla, Valeri|
|Series/Report no.:||UFAE and IAE Working Papers|
|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.|
|Appears in Collections:||(IAE) Informes y documentos de trabajo|
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