Unwrapping some euro area growth puzzles: Factor substitution, productivity and unemployment

R Klump; P McAdam; A Willman

doi:10.1016/j.jmacro.2007.06.005

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Unwrapping some euro area growth puzzles: Factor substitution, productivity and unemployment

Journal article

Peer reviewed

Unwrapping some euro area growth puzzles: Factor substitution, productivity and unemployment

R Klump, P McAdam and A Willman

JOURNAL OF MACROECONOMICS, Vol.30(2), pp.645-666

01/06/2008

DOI: https://doi.org/10.1016/j.jmacro.2007.06.005

Abstract

Social Sciences

Economics

Business & Economics

ECONOMICS

CES production function

elasticity of substitution

factor-augmenting technical progress

IT revolution

Okun's law

US

euro area

CAPITAL-LABOR SUBSTITUTION

TECHNICAL CHANGE

ECONOMIC-GROWTH

UNITED-STATES

EFFICIENCY

SYSTEM

MODEL

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Title: Unwrapping some euro area growth puzzles: Factor substitution, productivity and unemployment
Creators: R Klump
P McAdam
A Willman
Publication Details: JOURNAL OF MACROECONOMICS, Vol.30(2), pp.645-666
Publisher: LOUISIANA STATE UNIV PR
Date published: 01/06/2008
Date submitted: 16/05/2017
Identifiers: 99512433902346
Academic Unit: University of Surrey
Language: English
Resource Type: Journal article

Unwrapping some euro area growth puzzles: Factor substitution, productivity and unemployment

Abstract

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