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Title

Unemployment and Wage Formation in a Growth Model with Public Capital

AuthorsRaurich, Xavier; Sorolla, Valeri
KeywordsUnemployment
Wage Formation
Public Capital
Endogenous Growth
Issue Date2002
SeriesUFAE and IAE Working Papers
508.02
AbstractWe 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.
URIhttp://hdl.handle.net/10261/1945
Appears in Collections:(IAE) Informes y documentos de trabajo
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