BARROS, Alexandre Rands

Salários e crescimento econômico : fundamentos da abordagem estruturalista num modelo neoclássico - São Paulo : Nobel, abr./jun. 1994

A neoclassical growth model with failure in the labor market and positive externa-lities accruing from rising capital intensity is presented. This model is used to support the structuralist hypothesis that rising real wages may have a positive effect on GDP growth. The model also challenges the orthodox conclusion that higher propensity to save necessarily leads to higher rates of GDP growth