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Growth and Employment: A survey on the Demand Side of the Labour Market

Ladu, Maria Gabriela (2005) Growth and Employment: A survey on the Demand Side of the Labour Market. Working Paper. CRENoS.


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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
ID Code:242
Deposited On:10 Nov 2008 10:24

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