Journal article


Sclerosis and large volatilities: two sides of the same coin


Publication Details
Author(s): Gartner H, Merkl C, Rothe T
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.



Focus Area of Individual Faculties


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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