Labour market fluctuations: An RBC model for emerging countries
In this paper, we examine the labour market properties of business cycle fluctuations for a group of 15 emerging market economies (EMEs) and the US using annual data from 1970 to 2013. We find that on average, the hours worked and employment volatility (relative to output volatility) are lower, whil...
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| Format: | Article |
| Language: | English |
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Elsevier
2019-12-01
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| Series: | Central Bank Review |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S1303070119300873 |