全球智库信息集成服务系统(G2TT): DP1417 Trends in European Productivity and Real Exchange Rates: Implications for the Maastricht Convergence Criteria and for Inflation Targets after EMU

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP1417
	DP1417 Trends in European Productivity and Real Exchange Rates: Implications for the Maastricht Convergence Criteria and for Inflation Targets after EMU
	Matthew B Canzoneri; Behzad Diba; Gwen Fudey
发表日期	1996-06-30
出版年	1996
语种	英语
摘要	This paper examines gross worker flows in Spain. Unemployment inflows are counter-cyclical while outflows are a-cyclical. Changes introduced in the Spanish labour market have increased the magnitude and variability of both flows, in particular inflows, without affecting the a-cyclical behaviour of outflows. Engagements and flows into employment from non-employment are pro-cyclical. Separations are a-cyclical, while flows out of employment to non-employment are counter-cyclical. Hence job-to-job movements must be pro-cyclical. Engagements and separations have responded positively to a wider variety of contractual forms. The Spanish evidence seems to be reasonably explained by the existence of a dual labour market between workers under permanent and fixed-term job contracts.
关键词	Unemployment and employment dynamics
URL	https://cepr.org/publications/dp1417
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/530560
推荐引用方式 GB/T 7714	Matthew B Canzoneri,Behzad Diba,Gwen Fudey. DP1417 Trends in European Productivity and Real Exchange Rates: Implications for the Maastricht Convergence Criteria and for Inflation Targets after EMU. 1996.