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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10088 |
DP10088 Labor policies and capital mobility in theory and in EMU | |
Giuseppe Bertola | |
发表日期 | 2014-08-03 |
出版年 | 2014 |
语种 | 英语 |
摘要 | "Race-to-the-bottom" deregulation is to be expected when markets operate across the borders of countries that independently choose and enforce labor policies. Less obviously, in pre-crisis EMU reforms of labor market policies were uneven and related to international imbalances. That pattern is readily explained by this paper's model of financial integration between differently capital-abundant countries, within which labor policies benefit individuals with wealth/labor income ratios different from country's aggregate. |
主题 | International Macroeconomics ; Labour Economics |
关键词 | Policy competition Public choice |
URL | https://cepr.org/publications/dp10088 |
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/538921 |
推荐引用方式 GB/T 7714 | Giuseppe Bertola. DP10088 Labor policies and capital mobility in theory and in EMU. 2014. |
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