Series: IMF Working Papers
Author(s): Mirko Abbritti , and Sebastian Weber
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 03 June 2019
Keywords: Price indexes, Business cycles, Unemployment, Total factor productivity, Employment, Currency union, endogenous growth, labor and product market regulation, TFP, euro area
We build a two-country currency union DSGE model with endogenous growth to assess the role of cross-country differences in product and labor market regulations for long-term growth and for the adjustment to shocks....