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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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Natura: | Artigo |
Lingua: | Indonésio |
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Bank Indonesia
2020-02-01
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Serie: | Bulletin Ekonomi Moneter dan Perbankan |
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Accesso online: | https://www.bmeb-bi.org/index.php/BEMP/article/view/1175 |
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