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This paper aimed to study the behavior of Brazilian productivity between 2004 and 2014 and its impact on growth in a disaggregated analysis. To this end, performance was studied by examining the measurement of total factor productivity and was also based on sectoral and regional aggregation in...
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When the principal responsible for the family loses his or her job, it is hoped that, in attempting to maintain the level of family income, another member of the family will become part of the workforce; when this occurs, it has an added worker effect. Thus, the objective of this work is to test...
Persistent link: https://www.econbiz.de/10014437600
This paper extends the model of overlapping generations with heterogeneous agents, allowing both classes (capitalist and worker) to hold a positive intergenerational capital stock. The main results were:(i)equilibrium interest rates that maximize the consumption and savings plans of working and...
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This paper extends the model of overlapping generations with heterogeneous agents, allowing both classes (capitalist and worker) to hold a positive intergenerational capital stock. The main results were:(i)equilibrium interest rates that maximize the consumption and savings plans of working and...
Persistent link: https://www.econbiz.de/10011858472