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Unemployment Persistence and Capital Shortage
			: The Case of Trinidad and Tobago

Unemployment Persistence and Capital Shortage : The Case of Trinidad and Tobago »

Volume/Issue: 1997/77

Series: IMF Working Papers

Author(s): Benedikt Braumann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1997

DOI: http://dx.doi.org/10.5089/9781451956719.001

ISBN: 9781451956719

Keywords: Unemployment persistence, capital shortage, overlapping generations, savings, investment, monopolistic competition, real wages, wages, unemployment, employment

This paper examines the link between capital stock and unemployment persistence. An overlapping-generations model with endogenous labor supply and imperfect competition is presented. It is used to interpret the unu...

Unemployment Persistence and Capital Shortage

Unemployment Persistence and Capital Shortage »

Source: Unemployment Persistence and Capital Shortage : The Case of Trinidad and Tobago

Volume/Issue: 1997/77

Series: IMF Working Papers

Author(s): Benedikt Braumann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1997

ISBN: 9781451956719

Keywords: Unemployment persistence, capital shortage, overlapping generations, savings, investment, monopolistic competition, real wages, wages, unemployment, employment

This paper examines the link between capital stock and unemployment persistence. An overlapping-generations model with endogenous labor supply and imperfect competition is presented. It is used to interpret the unu...