Euro-area labour markets: Different reaction to shocks?

A small labour market model for the six largest euro-area countries (Germany, France, Italy, Spain, the Netherlands and Belgium) is estimated in a state space framework. The model entails, in the long run, four driving forces: trend labour force, trend labour productivity, long-run inflation rate...

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Bibliographic Details
Main Authors: Jan Bruha, Beatrice Pierluigi, Roberta Serafini
Format: Article
Language:English
Published: University of Warsaw 2014-11-01
Series:Journal of Banking and Financial Economics
Subjects:
Online Access:https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1096&context=jbfe
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