Revisiting the effects of government size and labour market institutions on macroeconomic volatility: The case of the eurozone
Küçük Resim Yok
Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Univ Oviedo
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
We revisit the role of government size and labour market institutions on macroeconomic volatility, for the case of the eurozone since the adoption of the euro, which can provide a more homogeneous setting to test for macroeconomic volatility. The behaviour of the volatility of inflation looked rather different from that of GDP. Neither government size nor labour market institutions seemed to affect the volatility of GDP, except when demographic factors were included into the estimated equation; whereas lower volatility of inflation was related to a lower share of non-prime age workers and lower wage volatility.
Açıklama
Anahtar Kelimeler
macroeconomic volatility, government size, labour market institutions, eurozone
Kaynak
Economics and Business Letters
WoS Q Değeri
N/A
Scopus Q Değeri
Q2
Cilt
12
Sayı
1
