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In this paper we analyze quantitatively the importance for Spanish unemployment in the period 1980-1995 of the increase in the female labor force, the rapid destruction of agricultural employment, the return of immigrants and the high fraction of unemployed individuals who are long-term...
Persistent link: https://www.econbiz.de/10005731265
This paper shows, within a Heckscher-Ohlin version of the two-sector neoclassical growth model, that land, besides having long-run effects, is also a main determinant of the speed of convergence toward the steady state when there are cross-sector capital share differences. This result stands in...
Persistent link: https://www.econbiz.de/10008498180
In this paper we build a model economy in which the prevailing family structure arises endogenously as a response to labor market conditions. In this model the members of the household (parents and young adults) either work in the market, search for a job, or produce a household good. Parents...
Persistent link: https://www.econbiz.de/10005212558
Heckscher-Ohlin versions of the two-sector neoclassical growth model predict that late-blooming nations can remain permanently poorer. This is an important result that warns us about the dangers of international trade. We show, however, that the result vanishes once inputs in fixed supply such...
Persistent link: https://www.econbiz.de/10011272011
Persistent link: https://www.econbiz.de/10007772636
This paper investigates how a country's specific-factors endowment affects its long-run economic performance. We build an open-economy version of the two-sector neoclassical growth model in which we introduce fixed industry-specific inputs in both activities. The model predicts the type of...
Persistent link: https://www.econbiz.de/10005731237
The aim of the paper is a gender analysis of the extent to which parttime work represents an individual’s preferred labor market situation. The work includes a theoretical model that delivers some predictions about the household’s preferences over non-chosen employment states. Furthermore,...
Persistent link: https://www.econbiz.de/10008919596
This paper uses dynamic general equilibrium and computational methods, inspired by the multi-sector growth model structure in Stephen Turnovsky’s previous and more recent work, to develop a theory that unifies two of the traditional explanations of structural change: sector-biased technical...
Persistent link: https://www.econbiz.de/10008802565
This paper uses dynamic general equilibrium and computational methods, inspired by the multi-sector growth model structure in Stephen Turnovsky's work, to develop a theory that unifies two of the traditional explanations of structural change: sector-biased technical change and non-homothetic...
Persistent link: https://www.econbiz.de/10009274902
Persistent link: https://www.econbiz.de/10009328884