Embodied technical progress and unemployment

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Authors	:	del Rio, Fernando
Document type	:	Document de travail (Working Paper)
Abstract	:	In this paper we build up a canonical vintage capital model with embodied and disembodied technical progress and generalized Nash bargaining in the labor market. First, we handle both types of technical progress as exogenous, but we endogenize them after. In these setups, we comprehensively study the relations between technical progress, unemployment, and job creation and destruction in the short and long run.
Access type	:	Accès libre
Publication date	:	2001
Collection	:	ECON Working Papers - 2001/31
Affiliation	:	UCL - ESPO/ECON - Département des sciences économiques
Keywords	:	Unemployment ; Job creation and destruction ; Embodied technical progress
Links	:	http://www.ires.ucl.ac.be/DP/IRES_DP/2001-31.pdf [Handle]http://hdl.handle.net/2078.1/5592

Bibliographic reference	del Rio, Fernando. Embodied technical progress and unemployment. ECON Working Papers ; 2001/31 (2001)
Permanent URL	http://hdl.handle.net/2078.1/5592