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Reaching the optimal growth: The role of labor market institutions

Author

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  • Coralia Azucena Quintero Rojas

    (Universidad de Guanajuato)

Abstract

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.

Suggested Citation

  • Coralia Azucena Quintero Rojas, 2013. "Reaching the optimal growth: The role of labor market institutions," EconoQuantum, Revista de Economia y Finanzas, Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia., vol. 10(1), pages 27-36, Enero-Jun.
    • Handle: RePEc:qua:journl:v:10:y:2013:i:1:p:27-36
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    More about this item

    Keywords

    endogenous growth; optimal growth; labor market institutions.;
    All these keywords.

    JEL classification:

    • J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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