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
Main Author: Merkl, Christian
Schmitz, Tom
Format: Paper
Language: English
Place of publication: Kiel Kiel Inst. for the World Economy 2009
Data of publication: 2009
Series: Kiel working paper
Subjects:
Online Access: available in Bonn?
Database: ECONIS
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