Business cycle comovement and labor market institutions: An empirical investigation
This paper examines the impact of labor market institutions (LMI) on business cycle (BC) synchronization. We first develop a two-country right-to-manage model of wage bargaining. We find that, following a symmetric demand change, cross-country differences in LMI generate divergent responses in emplo...
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Main Author: |
Fonseca, Raquel
Sopraseuth, Thepthida Patureau, Lise |
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Format: | Paper |
Language: | English |
Place of publication: |
2008 |
Related: |
THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise |
Data of publication: | 2008 |
Series: |
THEMA Working Papers |
Subjects: | |
Online Access: | available in Bonn? |
Database: | RePEc RePEc IDEAS Database information Databases - DBIS |