| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2141 |
| DP2141 Wage Competition with Heterogeneous Workers and Firms | |
| Jacques-François Thisse; Jonathan Hamilton; Yves Zenou | |
| 发表日期 | 1999-05-31 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | How much risk sharing takes place between regions within countries, between countries internationally, and what are the lessons for EMU? We study these questions based on regional data from the US, Canada, the UK and Italy, and national data from an international sample of 23 OECD countries, including all 15 EU members, and do so with the aid of a modified version of a model by Asdrubali, Sørensen and Yosha. In conclusion, we find that even though the surrender of monetary policy will reduce the capacity of the members of EMU to smooth shocks via macroeconomic policy, the regime will promote smoothing of shocks via market channels. |
| 主题 | International Macroeconomics |
| 关键词 | Emu Fiscal federalism Insurance and credit Risk sharing |
| URL | https://cepr.org/publications/dp2141 |
| 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/531251 |
| 推荐引用方式 GB/T 7714 | Jacques-François Thisse,Jonathan Hamilton,Yves Zenou. DP2141 Wage Competition with Heterogeneous Workers and Firms. 1999. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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