The effects of wage volatility on growth
This paper shows that the volatility of wages has significant effects on a country’s rate of economic growth. Our theoretical framework suggests two distinct channels in which wage volatility affects growth: a positive direct way and a negative indirect way. The direct effect stems from precautionar...
- Autores:
-
Jetter, Michael
Nikolsko-Rzhevskyy Alex
Smithc William T.
- Tipo de recurso:
- Fecha de publicación:
- 2013
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/7538
- Acceso en línea:
- http://hdl.handle.net/10784/7538
- Palabra clave:
- Economic growth
Volatility
Government size
Wages
3SLS
- Rights
- License
- restrictedAccess