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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1983 |
DP1983 Tax Reform and the Dutch Labour Market: An Applied General Equilibrium Approach | |
Lans Bovenberg; Johan J Graafland; Ruud A de Mooij | |
发表日期 | 1998-09-30 |
出版年 | 1998 |
语种 | 英语 |
摘要 | Spain and Portugal are two neighbour economies which share many characteristics. Spanish unemployment is more than double Portuguese unemployment, however. In this chapter we resort to Structural Vector Autoregression (SVAR) techniques to ascertain which shocks and what propagation mechanism underlie the functioning of the labour markets in both countries. Our results show that price adjustment is more sticky and that real wage flexibility is higher in Portugal. In line with this evidence, we find that, although shocks hitting both economies since the beginning of the eighties were not too dissimilar, their effects on unemployment were much more long-lasting in Spain than in Portugal. |
关键词 | Persistence Shocks Structural var Unemployment |
URL | https://cepr.org/publications/dp1983 |
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/531112 |
推荐引用方式 GB/T 7714 | Lans Bovenberg,Johan J Graafland,Ruud A de Mooij. DP1983 Tax Reform and the Dutch Labour Market: An Applied General Equilibrium Approach. 1998. |
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