Employment Protection and Business Cycles in Emerging Economies /

We build a small open economy, real business cycle model with labor market frictions to evaluate the role of employment protection in shaping business cycles in emerging economies. The model features matching frictions and an endogenous selection effect by which inefficient jobs are destroyed in rec...

Повний опис

Бібліографічні деталі
Автор: Lama, Ruy
Інші автори: Urrutia, Carlos
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2011.
Серія:IMF Working Papers; Working Paper ; No. 2011/293
Онлайн доступ:Full text available on IMF