A MODIFIED NEOCLASSICAL GROWTH MODEL WITH ENDOGENOUS LABOR PARTICIPATION

In light of robust econometric results on the determinants of labor participation in 36 advanced economies reported by Grigoli et al. (2018) and independently by CBO (2018), my paper modifies the Solow (1956) - Swan (1956), or S-S, growth model by making endogenous the rate of labor participation (e...

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Hlavní autor: Delano Segundo Villanueva
Médium: Artigo
Jazyk:Indonésio
Vydáno: Bank Indonesia 2020-02-01
Edice:Bulletin Ekonomi Moneter dan Perbankan
Témata:
neoclassical growth
technical change
labor participation
growth policies
On-line přístup:https://www.bmeb-bi.org/index.php/BEMP/article/view/1175
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