Do labor market rigidities matter for business cycles? Yes they do
Stefano Gnocchi and
Evi Pappa
No 411, Working Papers from Barcelona School of Economics
Abstract:
We study whether labor market institutions affect the volatility and correlations of macroeconomic variables for a sample of 20 OECD countries. Labor market rigidities are characterized with a number of indicators
Keywords: Labor market institutions; Business cycles; OECD countries; rank sum test; active labor market policies (search for similar items in EconPapers)
JEL-codes: E32 E6 J01 J08 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:bge:wpaper:411
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