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    • Publications (1)
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    • Macroeconomic Policies over the Business Cycle (1)
    • Macroeconomic Research (1)
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  1. Publication

    Sclerosis and large volatilities: Two sides of the same coin

    01.04.2012

    The labor market in Germany is more sclerotic and volatile than in the US. We show theoretically that sclerosis and large volatilities are two sides of the same coin. Both may be driven by large hiring costs and low quit rates.

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Subject dossiers compile selected publications and articles by our experts on current economic policy topics as well as related projects and events.

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