Free labor mobility and indeterminacy in models of neoclassical growth

DOI10.1007/S00712-020-00728-2MaRDI QIDQ2056873zbMATH OpenOpenAlexFDO

Authors Carmelo P. Parello

Publication date 8 December 2021

Published in Journal of Economics (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1007/s00712-020-00728-2

zbMATH Keywords

indeterminacytemporary migrationfree labor mobilityRamsey-like growth

Mathematics Subject Classification ID

Economic growth models (91B62) Labor markets (91B39)

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Cites work

• A model with endogenously determined cycles, discounting and growth
• Balanced-budget rules and macroeconomic (in)stability
• Conditions for indeterminacy and thresholds in neoclassical growth models
• Divergence in economic performance: Transitional dynamics with multiple equilibria
• Endogenous time preference, consumption externalities, and trade: multiple steady states and indeterminacy
• Growth and Indeterminancy in Dynamic Models with Externalities
• Impatience and equilibrium indeterminacy
• Indeterminacy and increasing returns
• Indeterminacy and sunspots with constant returns
• Indeterminacy in a model with sector-specific externalities
• Local indeterminacy in continuous-time models: the role of returns to scale
• On the minimum degree of returns to scale in sunspot models of the business cycle.
• Real business cycles and the animal spirits hypothesis
• Skilled migration and business cycle dynamics
• The economic effects of immigration -- a dynamic analysis

Cited in

(6)

• Labour mobility and the redistributive effects of trade integration
• Equilibrium, convergence, and capital mobility in neoclassical models of growth
• Free mobility of capital and labor force in a two-country model: the dynamic game for growth
• National labor markets, international factor mobility and macroeconomic instability
• Frictional Labour Mobility
• Imperfect intersectoral labor mobility and monetary shocks in a small open economy

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