neoclassical growth model with time-varying frictions (wedges). We analyze the relative importance of efficiency, labor, investment … the efficiency and labor wedges have had the greatest impact. We also compare our results with existing studies on …

Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within …-unemployment provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on … employment growth, in contrast to the United States where initial labor demand shocks are expanded in the long run. After the …

emerge, when labor forces change according to the 2007 UN population projections. It finds that demographic factors are no …

, we find that higher labor productivity tends to lead to appreciation of the real exchange rate. Contrary to the …

This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When …

size to set up a quasi-experiment and data from the French labor force survey, we show that the law constrained the choice …

standard (Solow-style) growth accounting methodologies. We find that factor accumulation (especially labor), rather than growth … of capital accumulation and some natural constraints on labor, the strong growth momentum is unlikely to be sustainable …