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Competition and performance : the different roles of capital and labor

Mohnen, Pierre A. (contributor); Raa, Thijs ten (contributor) - 2003 - [Elektronische Ressource]

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Equilibrium unemployment and investment under product and labour market imperfections

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Equilibrium unemployment and capital intensity under product and labor market imperfections

Kauppi, Heikki (contributor); Koskela, Erkki (contributor); … - 2004

We study the implications of product and labor market imperfections for equilibrium unemployment under both exogenous and endogenous capital intensity. With endogenous capital intensity, stronger labor market imperfections always increase equilibrium unemployment. The relationship between the...