Sclerosis and large volatilities: two sides of the same coin

Journal article


Publication Details

Author(s): Gartner H, Merkl C, Rothe T
Journal: Economics letters
Publisher: Elsevier
Publication year: 2012
Volume: 117
Journal issue: 1
Pages range: 106-109
ISSN: 0165-1765


Abstract


The labor market in Germany is more sclerotic and volatile than in the US. We show theoretically that sclerosis and large volatilities are two sides of the same coin. Both may be driven by large hiring costs and low quit rates.



FAU Authors / FAU Editors

Gartner, Hermann PD Dr.
Lehrstuhl für Volkswirtschaftslehre
Merkl, Christian Prof. Dr.
Lehrstuhl für Volkswirtschaftslehre, insbesondere Makroökonomik


How to cite

APA:
Gartner, H., Merkl, C., & Rothe, T. (2012). Sclerosis and large volatilities: two sides of the same coin. Economics letters, 117(1), 106-109. https://dx.doi.org/10.1016/j.econlet.2012.04.100

MLA:
Gartner, Hermann, Christian Merkl, and Thomas Rothe. "Sclerosis and large volatilities: two sides of the same coin." Economics letters 117.1 (2012): 106-109.

BibTeX: 

Last updated on 2018-08-07 at 19:23