Divergence in Labor Market Institutions and International Business Cycles

The paper investigates the international GDP synchronization within the international real business cycle framework (Backus, Kehoe and Kydland, 1992). It sheds new light on the comovement issue by highlighting the role of cross-country divergence in labor market institutions (LMIs). We first documen...

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Bibliographic details
Main Author: Raquel Fonseca
Lise Patureau
Thepthida Sopraseuth
Format: Journal Article
Language: English
Place of publication: GENES (Groupe des Écoles Nationales d'Économie et Statistique) 01.01.2009
published in: Annals of economics and statistics no. 95/96; pp. 279 - 314
Data of publication: 20090101
ISSN: 2115-4430
EISSN: 1968-3863
Discipline: Economics
Online Access: Fulltext
Database: CrossRef
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