Labor Market Frictions and the International Propagation Mechanism

The paper investigates the determinants of international business cycle comovement in a two-country Dynamic Stochastic General Equilibrium (DSGE) model featured by monopolistic competition and nominal price rigidity, following so the New Open Economy Macroeconomy (NOEM) literature. Within this frame...

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Bibliographic details

Main Author:	Patureau, Lise
Format:	Paper
Language:	English
Place of publication:	2009
Related:	THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise
Data of publication:	2009
Series:	THEMA Working Papers
Subjects:	International business cycles; Search; Labor market institutions; Wage bargaining; International transmission of shocks
Online Access:	available in Bonn?
Database:	RePEc RePEc IDEAS Database information Databases - DBIS