Labor market frictions and the international propagation mechanism
► The paper studies the role of labor market frictions in international business cycle comovement. ► To this aim, we embed labor market search frictions in a two-country New Keynesian model. ► Labor market frictions enhance business cycle comovement, making the model closer to the data. ► Both nomin...
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Volume: | 34 |
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Main Author: | Patureau, Lise |
Format: | Journal Article |
Language: | English |
Zielgruppe: |
Academic |
Place of publication: |
AMSTERDAM Elsevier Inc 01.03.2012 ELSEVIER Elsevier B.V |
published in: | Journal of macroeconomics Vol. 34; no. 1; pp. 199 - 222 |
Data of publication: | March 2012 |
ISSN: |
0164-0704 1873-152X |
EISSN: |
1873-152X |
Discipline: | Economics Statistics |
Subjects: | |
Online Access: | available in Bonn? |
Database: | Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2012 Web of Knowledge Web of Science CrossRef Academic OneFile (A&I only) Database information Databases - DBIS |