Ladu, Maria Gabriela (2005) Growth and Employment: A survey on the Demand Side of the Labour Market. Working Paper. CRENoS.
Official URL: http://www.crenos.it/working/pdf/05-07.pdf
Until recently, the neoclassical growth theory and the neoclassical labour market theory have independently evolved over time without communicating to each other. The neoclassical growth theory (Solow, 1956), born after the second world war, assumes full employment. On the other hand, the unemployment theory (Friedman, 1968) turned the attention to the problem of inflation, ignoring that one of growth. In this paper I present recent contributions suggesting that such a sharp division may be unjustified from a theoretical viewpoint.
|Item Type:||Technical Report / Working Paper / Project Report (Working Paper)|
|Institution:||Universita' degli Studi di Cagliari|
|Divisions:||Centri > CRENoS Centro Ricerche Economiche Nord Sud|
|Subjects:||Area 13 - Scienze economiche e statistiche > SECS-P/01 Economia politica|
|Uncontrolled Keywords:||Growth, Embodied and Disembodied Technological change, Employment|
|Deposited On:||10 Nov 2008 10:24|
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