Structural Reforms in the Euro Area : Economic Impact and Role of Synchronization Across Markets and Countries /

Using the IMF's Global Economic Model, calibrated to the European Union, the effects of reform in product and labor markets are quantified for both a large and a small euro area economy. When markups in these markets are reduced, there are sizable long-term gains in output and employment. Most...

Descripció completa

Dades bibliogràfiques
Autor principal: Everaert, Luc
Altres autors: Schule, Werner
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2006.
Col·lecció:IMF Working Papers; Working Paper ; No. 2006/137
Accés en línia:Full text available on IMF