Investment Crowding-Out and Labor Market Effects of Financialization in the US
نویسندگان
چکیده
منابع مشابه
Investment Crowding-Out and Labor Market Effects of Financialization in the U.S
Investment Crowding-Out and Labor Market Effects of Financialization in the U.S. This paper studies the impact of financialization on unemployment in the U.S. We estimate a dynamic multi-equation macro labor model including labor demand, labor supply, wagesetting and capital accumulation equations. Financialization appears as a key determinant of capital accumulation which, in turn, is the tran...
متن کاملForschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Investment Crowding - Out and Labor Market Effects of Financialization in the U . S . IZA DP No
Investment Crowding-Out and Labor Market Effects of Financialization in the U.S. This paper studies the impact of financialization on unemployment in the U.S. We estimate a dynamic multi-equation macro labor model including labor demand, labor supply, wagesetting and capital accumulation equations. Financialization appears as a key determinant of capital accumulation which, in turn, is the tran...
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ژورنال
عنوان ژورنال: Scottish Journal of Political Economy
سال: 2014
ISSN: 0036-9292
DOI: 10.1111/sjpe.12059