| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4067 |
| DP4067 C-CAPM and the Cross-Section of Sharpe Ratios | |
| Paul Söderlind | |
| 发表日期 | 2003-09-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | We examine the macroeconomic consequences of industry wage-bargaining and product market reforms. We suggest that general equilibrium effects may be important for the evaluation of industry-specific regulations. In particular, we suggest that the European unemployment problem can be traced back partially to insufficient recognition of general equilibrium effects. Moreover, unawareness of general equilibrium effects may be an explanation of why regulations are introduced and why structural reforms are (not) undertaken. |
| 主题 | Industrial Organization ; Labour Economics |
| 关键词 | Awareness of general equilibrium effects Unemployment Uneven technological progress Product market reforms Sectoral wage bargaining |
| URL | https://cepr.org/publications/dp4067 |
| 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/533043 |
| 推荐引用方式 GB/T 7714 | Paul Söderlind. DP4067 C-CAPM and the Cross-Section of Sharpe Ratios. 2003. |
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