File(s) not publicly available
Should We Wait to 'Grow Out Of' Unemployment? The Implications of a Neoclassical Calibration Analysis
journal contribution
posted on 2023-05-16, 11:22 authored by Coleman, WOThe paper uses a Solow-Ramsey growth model to evaluate the effectiveness of growth as a remedy for unemployment in the face of a wage minimum. Plausible calibration of the model suggests that the elimination of 5% unemployment by the process of capital accumulation may take about 20 yr.
History
Publication title
The Economic RecordVolume
74Issue
225Pagination
162-169ISSN
0013-0249Department/School
TSBEPublisher
Economic Society of AustraliaPlace of publication
MelbourneRepository Status
- Restricted