Divergence in Labor Market Institutions and International Business Cycles

This paper investigates the sources of business cycle comovement within the New Open Economy Macroeconomy framework. It sheds new light on the business cycle comovement issue by examining the role of cross-country divergence in labor market institutions. We first document stylized facts supporting t...

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Bibliographic details
Main Author: Fonseca, Raquel
Sopraseuth, Thepthida
Patureau, Lise
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
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