the empirical evidence, we develop a simple model combining the standard Ak growth model with the tax evasion phenomenon …

monopolistic competition with an infinite horizon model of growth. We compare the wages set at the firm, sector and national … (centralized) levels, their unemployment rates and growth of the economic variables, for the Cobb-Douglas production function, in … growth. …

We introduce wage setting via efficiency wages in the neoclassical one-sector growth model to study the growth effects …. We also study the growth effects of permanent technological and fiscal policy shocks in these two economies. During the … transition, the growth effects of technological shocks obtained when wages exhibit inertia may be the opposite from the ones …

In this paper we analyze the long run effect of exogenous technological growth on the employment rate in a labor market … really much the effect. The result that appears in most cases is that growth has a negative effect on the long run rate of … employment meaning that, in general, growth is bad for employment. …

We extend the basic tax evasion model to a multi-period economy exhibiting sustained growth. When individuals conceal … static setups. Moreover, high tax rates on income are typically associated with low growth rates as occurs in standard growth …

This paper presents an endogenous growth model in which the research activity is financed by intermediaries that are … able to reduce the incidence of researcher's moral hazard. It is shown that financial activity is growth promoting because … it increases research productivity. It is also found that a subsidy to the financial sector may have larger growth …

We study the relation between public capital, employment and growth under different assumptions concerning wage … formation. We show that public capital increases economic growth, and that, if there is wage inertia, employment positively … depends on both economic growth and public capital. …

endogenous growth model where selection and imitation play a fundamental role in helping capital good producers to learn about … relevant for the embodied capital literature, among them the growth rate of the relative investment price, the model … size distribution. In line with the previous literature, it also predicts a contribution to productivity growth of embodied …

into an innovation-driven growth model, where incumbent firms operating in oligopolistic industries perform cost … produced. These changes in markups and quantities, in turn, promote innovation and productivity growth through a direct …, and induces an increase in productivity growth of about 13 percent. More than 90 percent of the trade-induced growth …