Verfügbarkeit: International Spillover of Labor Market Reforms

International Spillover of Labor Market Reforms:

This paper uses a dynamic economy model, with unionized labor markets, to analyze the effects of labor market reforms, similar to those recently introduced in Germany, on the domestic and trading partner economies. The model is calibrated on Germany and the rest of the Euro area. The results indicat...

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1. Verfasser:	Dao, Mai (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2008
Schriftenreihe:	IMF Working Papers Working Paper No. 08/113
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper uses a dynamic economy model, with unionized labor markets, to analyze the effects of labor market reforms, similar to those recently introduced in Germany, on the domestic and trading partner economies. The model is calibrated on Germany and the rest of the Euro area. The results indicate that German labor market reforms have positive spillover effects on the rest of the Euro area, which operate through the channel of trade, relative price adjustment, and financial market integration. Compared to a competitive labor market, setting, unionization dampens the positive response of the domestic economy and magnifies the spillover effects
Beschreibung:	1 Online-Ressource (35 p)
ISBN:	1451869738 9781451869736

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spelling	Dao, Mai Verfasser aut International Spillover of Labor Market Reforms Dao, Mai Washington, D.C International Monetary Fund 2008 1 Online-Ressource (35 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/113 This paper uses a dynamic economy model, with unionized labor markets, to analyze the effects of labor market reforms, similar to those recently introduced in Germany, on the domestic and trading partner economies. The model is calibrated on Germany and the rest of the Euro area. The results indicate that German labor market reforms have positive spillover effects on the rest of the Euro area, which operate through the channel of trade, relative price adjustment, and financial market integration. Compared to a competitive labor market, setting, unionization dampens the positive response of the domestic economy and magnifies the spillover effects Online-Ausg http://elibrary.imf.org/view/IMF001/09227-9781451869736/09227-9781451869736/09227-9781451869736.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Dao, Mai International Spillover of Labor Market Reforms
title	International Spillover of Labor Market Reforms
title_auth	International Spillover of Labor Market Reforms
title_exact_search	International Spillover of Labor Market Reforms
title_exact_search_txtP	International Spillover of Labor Market Reforms
title_full	International Spillover of Labor Market Reforms Dao, Mai
title_fullStr	International Spillover of Labor Market Reforms Dao, Mai
title_full_unstemmed	International Spillover of Labor Market Reforms Dao, Mai
title_short	International Spillover of Labor Market Reforms
title_sort	international spillover of labor market reforms
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