Macroeconomic volatilities and the labor market: first results from the euro experiment
This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone offers an unprecedented experiment for this exercise: since 1999, no national monetary policies have been implemented that could account for volatility differences across member st...
|Place of publication:||
Kiel Kiel Institute for the World Economy (IfW) 2009
|published in:||Kiel Working Paper Vol. 1511|
|Data of publication:||2009|
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