Beggar or prosper-thy-neighbour? the international spillovers of labour cost

Matthieu Charpe and Stefan. Kühn

ILO Working Papers from International Labour Organization

Abstract: This paper presents a two-country DSGE model with frictions in the labour market and constrained households to assess the international spillovers of a decline in labour costs.

Keywords: labour cost; competitiveness; domestic market; mathematical model (search for similar items in EconPapers)
Pages: 1 online resource (38 p.) pages
Date: 2015
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ilo:ilowps:994949190802676

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