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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/33967
Growth Models with Exogenous Saving Rates, Unemployment and Wage Inertia
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[cat] El propòsit d'aquest article és introduir una mercat de treball no competitiu i atur en el model de creixement amb taxes d'estalvi exògenes que es pot trobar en els llibres de text de creixement (Sala‐i‐Martín, 2000; Barro and Sala‐i‐Martín, 2003; Romer, 2006). Primer, derivem un marc general amb una funció de producció neoclàssica per analitzar la relació entre creixement i ocupació. Utilitzem aquest marc per estudiar les dinàmiques conjuntes del creixement i l'ocupació sota diferents regles de fixació salarial.
[eng] The purpose of this paper is to introduce a non‐competitive labor market and unemployment into the growth models with exogenous saving rates found in economic growth textbooks (Sala‐i‐Martín, 2000; Barro and Sala‐i‐Martín, 2003; Romer, 2006). We first derive a general framework with a neoclassical production function to analyze the relationship between growth and employment. We use this framework to study the joint dynamics of growth and employment when different wage setting rules are considered
[eng] The purpose of this paper is to introduce a non‐competitive labor market and unemployment into the growth models with exogenous saving rates found in economic growth textbooks (Sala‐i‐Martín, 2000; Barro and Sala‐i‐Martín, 2003; Romer, 2006). We first derive a general framework with a neoclassical production function to analyze the relationship between growth and employment. We use this framework to study the joint dynamics of growth and employment when different wage setting rules are considered
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RAURICH, Xavier and SOROLLA, Valeri. Growth Models with Exogenous Saving Rates, Unemployment and Wage Inertia. Documents de treball (Facultat d'Economia i Empresa. Espai de Recerca en Economia). 2012. Vol. E12/287. ISSN 1136-8365. [consulted: 17 of June of 2026]. Available at: https://hdl.handle.net/2445/33967