Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061606 | Economics Letters | 2009 | 5 Pages |
Abstract
This paper analyses how financial and labor market imperfections jointly influence investment. The contemporaneous presence of imperfections gives rise to a negative correlation between EPL and investment. Our results support the policies promoted by European institutions to reform both markets.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Giorgio Calcagnini, Germana Giombini, Enrico Saltari,