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Labor market institutions and the business cycle. Unemployment rigidities vs. real wage rigidities

"This paper investigates the importance of labor market institutions for inflation and unemployment dynamics. Using the New Keynesian framework we argue that labor market institutions should be divided into those institutions that cause Unemployment Rigidities (UR) and those that cause Real Wag...

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Bibliographic Details
Main Authors: Abbritti, Mirko, Weber, Sebastian
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Frankfurt am Main 2010
ECB
Subjects:
inflation
wages
labour market policy
OECD countries
Online Access:https://www.labourline.org/KENTIKA-19184892124919020749-Labor-market-institutions-and-.htm

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