| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1233 |
| DP1233 Product Quality and Worker Quality | |
| francis kramarz; John M Abowd | |
| 发表日期 | 1995-09-30 |
| 出版年 | 1995 |
| 语种 | 英语 |
| 摘要 | Successful fixed exchange rate systems impose policy disciplines which are likely to lead to conformity in the business cycles of the participating countries. This conjecture is borne out in the present paper by the evidence adduced in it that the business cycle affiliation of ERM member countries has shifted from the United States to Germany since the formation of the ERM. This effect is bolstered by growing links in trade and finance between the European countries. The United Kingdom is conspicuous among these in that its business cycle affiliation did not change. |
| 主题 | International Macroeconomics |
| 关键词 | Business cycles Erm |
| URL | https://cepr.org/publications/dp1233 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530378 |
| 推荐引用方式 GB/T 7714 | francis kramarz,John M Abowd. DP1233 Product Quality and Worker Quality. 1995. |
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