Arbeitspapier
Labor market institutions and macroeconomic volatility in a panel of OECD countries
In this paper we analyze empirically how labor market institutions influence business cycle volatility in a sample of 20 OECD countries. Our results suggest that countries characterized by high union density tend to experience more volatile movements in output, whereas the degree of coordination of the wage bargaining system and strictness of employment protection legislation appear to play a limited role for output volatility. We also find some evidence suggesting that highly coordinated wage bargaining systems have a dampening impact on inflation volatility.
- Sprache
-
Englisch
- Erschienen in
-
Series: ECB Working Paper ; No. 1005
- Klassifikation
-
Wirtschaft
Price Level; Inflation; Deflation
Business Fluctuations; Cycles
- Thema
-
business cycles
inflation
labor market institutions
Konjunktur
Inflation
Volatilität
Arbeitsmarktpolitik
Arbeitsbeziehungen
OECD-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Rumler, Fabio
Scharler, Johann
- Ereignis
-
Veröffentlichung
- (wer)
-
European Central Bank (ECB)
- (wo)
-
Frankfurt a. M.
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Rumler, Fabio
- Scharler, Johann
- European Central Bank (ECB)
Entstanden
- 2009
Ähnliche Objekte (12)
Labor Market Institutions, Fiscal Multipliers, and Macroeconomic Volatility
Financial Development and Macroeconomic Volatility. Evidence from OECD Countries
Public and private pension systems and macroeconomic volatility in OECD countries
Regulation, Institutions, and Productivity: New Macroeconomic Evidence from OECD Countries
Globalisation and macroeconomic volatility
Institutions and service employment: a panel study for OECD countries
Financial openness and macroeconomic volatility
Credit market and macroeconomic volatility
Fiscal News and Macroeconomic Volatility
Youth unemployment in the OECD: demographic shifts, labour market institutions, and macroeconomic shocks
Youth unemployment in the OECD : demographic shifts, labour market institutions, and macroeconomic shocks
The macroeconomic cost of climate volatility
Labor Market Institutions, Fiscal Multipliers, and Macroeconomic Volatility
Financial Development and Macroeconomic Volatility. Evidence from OECD Countries
Public and private pension systems and macroeconomic volatility in OECD countries
Regulation, Institutions, and Productivity: New Macroeconomic Evidence from OECD Countries
Globalisation and macroeconomic volatility
Institutions and service employment: a panel study for OECD countries
Financial openness and macroeconomic volatility
Credit market and macroeconomic volatility
Fiscal News and Macroeconomic Volatility
Youth unemployment in the OECD: demographic shifts, labour market institutions, and macroeconomic shocks
Youth unemployment in the OECD : demographic shifts, labour market institutions, and macroeconomic shocks
The macroeconomic cost of climate volatility
Labor Market Institutions, Fiscal Multipliers, and Macroeconomic Volatility
Financial Development and Macroeconomic Volatility. Evidence from OECD Countries
Public and private pension systems and macroeconomic volatility in OECD countries
Regulation, Institutions, and Productivity: New Macroeconomic Evidence from OECD Countries
Globalisation and macroeconomic volatility
Institutions and service employment: a panel study for OECD countries
Financial openness and macroeconomic volatility
Credit market and macroeconomic volatility
Fiscal News and Macroeconomic Volatility
Youth unemployment in the OECD: demographic shifts, labour market institutions, and macroeconomic shocks
Youth unemployment in the OECD : demographic shifts, labour market institutions, and macroeconomic shocks