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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Bibliographic details
Volume: 34
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:
F41
E32
F42
E24
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2012
Web of Knowledge
Web of Science
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Academic OneFile (A&I only)
Database information Databases - DBIS