the framework of a large-scale general equilibrium model for Germany and India where Germany may undertake joint … efficient power plants produced in Germany. This provides positive employment effects and additional income for Germany. For …

data. By implication, labor market deregulation has a greater effect on the cyclicality of labor productivity and on the …Labor productivity is more procyclical in OECD countries with lower employment volatility. To capture this new stylized … our model with variable effort, greater labor market frictions are associated with procyclical labor productivity as well …

conceptualised as news about a future slowdown in productivity growth in the tradable sector. Simulations show that the responses of …' for tradable producers before the slowdown in tradable sector productivity associated with Brexit occurs. Resources are … the productivity decline in the tradable sector materialises. The negative news about tradable sector productivity also …