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rest of the EA - REA), the US, and the rest of the world, region-specific labour markets with search and matching frictions …
Persistent link: https://www.econbiz.de/10012928551
We quantitatively assess the macroeconomic effects of country-specific supply-side reforms in the euro area by simulating EAGLE, a multi-country dynamic general equilibrium model. We consider reforms in the labor and services markets of Germany (or, alternatively, Portugal) and the rest of the...
Persistent link: https://www.econbiz.de/10013127922
results based on a dynamic general equilibrium model of the world economy, and using the EU KLEMS database, indicate that TFP …
Persistent link: https://www.econbiz.de/10012677719