Emerging Market Business Cycles: The Role of Labor Market Frictions

Emerging economies are characterized by higher consumption and real wage variability relative to output and a strongly countercyclical current account. A real business cycle model of a small open economy that embeds a Mortensen-Pissarides type of search-matching frictions and countercyclical interes...

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Bibliographische Detailangaben
1. Verfasser: Boz, Emine
Format: Buch
Sprache:eng
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