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. The authors first develop a two-country right-to-manage model of wage bargaining. They find that, following a symmetric demand change, cross-country differences in LMI generate divergent respons...
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Main Author: |
Fonseca, Raquel
Sopraseuth, Thepthida Patureau, Lise |
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Format: | Paper |
Language: | English |
Place of publication: |
01.05.2007 |
Related: |
RAND Corporation Publications Department |
Data of publication: | 2007/05 |
Series: |
Working Papers |
Subjects: | |
Online Access: | available in Bonn? |
Database: | RePEc RePEc IDEAS Database information Databases - DBIS |