Revisiting the effects of government size and labour market institutions on macroeconomic volatility: The case of the eurozone

dc.authoridBajo-Rubio, Oscar/0000-0003-2728-312X
dc.contributor.authorBajo-Rubio, Oscar
dc.contributor.authorBerke, Burcu
dc.date.accessioned2024-11-07T13:25:27Z
dc.date.available2024-11-07T13:25:27Z
dc.date.issued2023
dc.departmentNiğde Ömer Halisdemir Üniversitesi
dc.description.abstractWe 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.
dc.description.sponsorshipUniversity of Castilla-La Mancha [2021-GRIN-31041]; European Union via the European Regional Development Fund
dc.description.sponsorshipWe acknowledge the comments from two anonymous referees. The first author also acknowledges financial support from the University of Castilla-La Mancha through the project 2021-GRIN-31041, co-financed by the European Union via the European Regional Development Fund.
dc.identifier.doi10.17811/ebl.12.1.2023.91-96
dc.identifier.endpage96
dc.identifier.issn2254-4380
dc.identifier.issue1
dc.identifier.scopus2-s2.0-85152686376
dc.identifier.scopusqualityQ2
dc.identifier.startpage91
dc.identifier.urihttps://doi.org/10.17811/ebl.12.1.2023.91-96
dc.identifier.urihttps://hdl.handle.net/11480/14723
dc.identifier.volume12
dc.identifier.wosWOS:000960219600011
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherUniv Oviedo
dc.relation.ispartofEconomics and Business Letters
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_20241106
dc.subjectmacroeconomic volatility
dc.subjectgovernment size
dc.subjectlabour market institutions
dc.subjecteurozone
dc.titleRevisiting the effects of government size and labour market institutions on macroeconomic volatility: The case of the eurozone
dc.typeArticle

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