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. The authors first document stylized facts sup...

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Bibliographic details
Main Author: Fonseca, Raquel
Patureau, Lise
Format: Paper
Language: English
Place of publication: 01.04.2008
Related: RAND Corporation Publications Department
Data of publication: 2008/04
Series: Working Papers
Online Access: available in Bonn?
Database: RePEc
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