| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060051 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠The German labor market is known to be sclerotic (low labor market flows). ⺠We show that the German labor market is twice as volatile as the US labor market. ⺠We establish a theoretical connection between sclerosis and large volatilities. ⺠We provide evidence for the latter with cross-country data.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Hermann Gartner, Christian Merkl, Thomas Rothe,