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This Paper studies the impact of wage growth on the evolution of employment in an intertemporal general … is the common growth rate of consumption, demand, and output. In these steady-state equilibria employment contracts at a … equality of wage growth and productivity growth is a condition for constant employment. …
Persistent link: https://www.econbiz.de/10005789120
cares for wages and employment, we determine a range of trade union objectives and characterize the aggregate technology so …
Persistent link: https://www.econbiz.de/10005123702
to increases in R&D, patenting, IT and TFP within firms; and second it reallocated employment between firms towards more … in employment, profits, prices and the skill share. By contrast, import competition from developed countries had no …
Persistent link: https://www.econbiz.de/10008854502