Endogenous Growth and Equilibrium Unemployment in a North-South Model of the World Economy

A North-South model is developed which incorporates an endogenous rate of equilibrium unemployment in the North in the context of long-run growth. It is shown how increases in the size of public debt and unemployment compensation financed by payroll taxation, all measured relative to productivity, r...

Full description

Saved in:
Bibliographic Details
Main Author: HOON, Hian Teck
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2002
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/496
https://ink.library.smu.edu.sg/context/soe_research/article/1495/viewcontent/EndogenousGrowth_2002_RDE.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English

Similar Items