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We develop a balanced growth model with labor supply and search and matching frictions in the labor market to study the impact of economic policy variables on the two margins which constitute the (total) labor input: the extensive one (the rate of employment) and the intensive one (the hours...
Persistent link: https://www.econbiz.de/10011268208
Our developed countries are today in view of a major challenge : to preserve sufficient fertility rates at all costs to ensure the economic and social development in the long term, therefore a level of increasing employment, while at the same time possible problems of shortage of labour are...
Persistent link: https://www.econbiz.de/10005670857