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