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EconoQuantum
On-line version ISSN 2007-9869Print version ISSN 1870-6622
Abstract
QUINTERO ROJAS, Coralia Azucena. Reaching the optimal growth: The role of labor market institutions. EconoQuantum [online]. 2013, vol.10, n.1, pp.27-36. ISSN 2007-9869.
We develop a general equilibrium model of endogenous growth with trade unions and other labor market institutions. We show that it is possible to reach the optimal growth rate by compensating the distortions on the goods-sector due to the growth process with the distortions induced by the labor market rigidities.
Keywords : endogenous growth; optimal growth; labor market institutions.