Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/18024 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorHall, Stephen G.en
dc.contributor.authorDriver, Ciaran F.en
dc.date.accessioned2009-01-28T15:06:12Z-
dc.date.available2009-01-28T15:06:12Z-
dc.date.issued2008-
dc.identifier.citation|aEconomics: The Open-Access, Open-Assessment E-Journal|c1864-6042|v2|h2008-11|nKiel Institute for the World Economy (IfW)|lKiel|y2008|p1-15en
dc.identifier.pidoi:10.5018/economics-ejournal.ja.2008-11en
dc.identifier.urihttp://hdl.handle.net/10419/18024-
dc.description.abstractThis paper argues that the production constraints in the basic NAIRU model should be distinguished by type: capital constraints and labour constraints. It notes the failure to incorporate this phenomenon in standard macro models. Using panel data for UK manufacturing over 80 quarters we show that capital constraints became relatively more important during the 1980s as industry failed to match the increase in labour flexibility with rising capital investment.en
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.subject.jelC23en
dc.subject.jelD24en
dc.subject.jelE22en
dc.subject.jelE24en
dc.subject.ddc330en
dc.subject.keywordCapitalen
dc.subject.keywordlabouren
dc.subject.keywordconstraintsen
dc.subject.keywordNAIRUen
dc.subject.keywordpanel dataen
dc.subject.keywordstructural breaksen
dc.subject.stwNatürliche Arbeitslosigkeiten
dc.subject.stwKapitalproduktivitäten
dc.subject.stwArbeitsproduktivitäten
dc.subject.stwPanelen
dc.subject.stwStrukturbruchen
dc.subject.stwVerarbeitendes Gewerbeen
dc.subject.stwGroßbritannienen
dc.titleProduction Constraints and the NAIRU-
dc.typeArticleen
dc.identifier.ppn561927375en
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen
dc.identifier.repecRePEc:zbw:ifweej:7260en
econstor.citation.journaltitleEconomics: The Open-Access, Open-Assessment E-Journalen
econstor.citation.issn1864-6042en
econstor.citation.volume2en
econstor.citation.issue2008-11en
econstor.citation.publisherKiel Institute for the World Economy (IfW)en
econstor.citation.publisherplaceKielen
econstor.citation.year2008en
econstor.citation.startpage1en
econstor.citation.endpage15en

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.