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Human Capital Management White Papers

Aggregate Growth and the Efficiency of Labour Reallocation

Overview Much of the literature on growth has taken a representative agent approach. The focus is therefore on what happens within firms (production, innovation, and invention), on the activities of workers (acquiring human capital), and on macroeconomic interactions (savings and investment). Recent work has produced a considerable advance in both theory and empirical work. This paper examines a different factor that matters in the growth process - the reallocation of resources, and in particular, labour.

Further White Paper Details
Publisher	London School of Economics and Political Science	File Format	PDF, requires Acrobat Rdr 5
Date Published	August 2003	Downloads	1
Format	White Papers
Topics	Human Capital Management

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