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Is There a Trade-Off between Employment and Growth?
1995 (Engelska)Rapport (Övrigt vetenskapligt)
Abstract [en]

This paper investigates how unemployment and the long—run growth rate influence each other, building on the approach in Pissarides (1990). A central finding is that there is a trade—off between successful growth and employment, if one considers direct changes in the growth rate. On the other hand, when growth and unemployment are changed in indirect ways, what is good for growth is also good for employment. Thus, if one wants to increase both growth and employment, a policy implication seems to be that one should improve incentives (lower capital taxes or unemployment benefits) rather than subsidize R&D activities.

Ort, förlag, år, upplaga, sidor
Gävle: Högskolan i Gävle/Sandviken , 1995. , s. 21
Serie
Working Paper / Högskolan Gävle-Sandviken, ISSN 1102-5476 ; 23
Nationell ämneskategori
Ekonomi och näringsliv
Identifikatorer
URN: urn:nbn:se:hig:diva-28519OAI: oai:DiVA.org:hig-28519DiVA, id: diva2:1263783
Tillgänglig från: 2018-11-16 Skapad: 2018-11-16 Senast uppdaterad: 2018-11-16Bibliografiskt granskad

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