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...

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Bibliographic details
Volume: 1511
Main Author: Merkl, Christian
Schmitz, Tom
Format: Paper
Language: English
Place of publication: Kiel Kiel Institute for the World Economy (IfW) 2009
published in: Kiel Working Paper Vol. 1511
Data of publication: 2009
Online Access: Fulltext
Database: EconStor
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