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Estimating the sacrifice ratio for the euro area

Jerome Coffinet (), Julien Matheron () and Céline Poilly ()

Quarterly selection of articles - Bulletin de la Banque de France, 2007, issue 08, 5-34

Abstract: The sacrifice ratio for the euro area is estimated by means of a structural macroeconomic model. This model is used to gauge the impact of wage stickiness on the sacrifice ratio.

Keywords: sacrifice ratio; labour market flexibility; disinflation. (search for similar items in EconPapers)
JEL-codes: E58 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:quarte:2007:08:02

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