Desde mediados de los años noventa hasta 2007, la economía española presentó tasas de crecimiento de la productividad inferiores a las de otros países de Europa, como Alemania, Francia o el Reino Unido. Esa tendencia, sin embargo, cambió con la llegada de la crisis. La evolución de la...

In this paper, we integrate the retirement deadline taking into account both labor demand and labor supply specificities. This approach reveals that firms' employment decisions play an active role in the early retirement decision. We show that, in a walrasian economy, social security reforms...

This paper analyzes how the frictions in the labor market simultaneously affect the economic growth and the long run unemployment. To this goal, we develop a Schumpeterian model of endogenous growth: agents have the choice of being employed or being doing R&D activities. Unemployment is caused...