Sclerosis and large volatilities: two sides of the same coin

Gartner H, Merkl C, Rothe T (2012)

Publication Status: Accepted

Publication Type: Journal article

Publication year: 2012

Journal

Economics letters Elsevier

Original Authors: Gartner Hermann, Merkl Christian, Rothe Thomas

Publisher: Elsevier

Book Volume: 117

Pages Range: 106-109

Journal Issue: 1

DOI: 10.1016/j.econlet.2012.04.100

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.

Authors with CRIS profile

Hermann Gartner Lehrstuhl für Volkswirtschaftslehre mit dem Schwerpunkt Entwicklungsökonomik Christian Merkl 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.

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