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:	International transmission of shocks Wage bargaining Labor market search and matching Labor market institutions International business cycles Economics Business & Economics Social Sciences Labor market Business cycles Statistics Analysis F41 Labor market search and matching E32 F42 E24 Labor market institutions International transmission of shocks Wage bargaining International business cycles MODELS SEARCH RETURNS BUSINESS CYCLES MONETARY-POLICY UNEMPLOYMENT
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