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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Sparad:
Bibliografiska uppgifter
Huvudupphovsman: Delano Segundo Villanueva
Materialtyp: Artigo
Språk:Indonésio
Publicerad: Bank Indonesia 2020-02-01
Serie:Bulletin Ekonomi Moneter dan Perbankan
Ämnen:
neoclassical growth
technical change
labor participation
growth policies
Länkar:https://www.bmeb-bi.org/index.php/BEMP/article/view/1175
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