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...

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Detalles Bibliográficos
Autor Principal: Everaert, Luc
Outros autores: Schule, Werner
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/137
Acceso en liña:Full text available on IMF