重新审视政府规模和劳动力市场制度对宏观经济波动的影响：以欧元区为例

IF 0.9 Q3 ECONOMICS

Economics and Business Letters Pub Date : 2023-03-26 DOI:10.17811/ebl.12.1.2023.91-96

O. Bajo‐Rubio, Burcu Berke

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引用次数: 0

摘要

我们重新审视了政府规模和劳动力市场机构在宏观经济波动中的作用，以采用欧元以来的欧元区为例，这可以为测试宏观经济波动提供一个更为同质的环境。通货膨胀的波动行为与国内生产总值的波动行为看起来大不相同。政府规模和劳动力市场机构似乎都不会影响国内生产总值的波动，除非将人口因素纳入估计方程式；而通货膨胀的波动性较低与非黄金年龄工人的比例较低和工资波动率较低有关。

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

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.

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来源期刊

Economics and Business Letters ECONOMICS-

CiteScore

1.80

自引率

11.10%

发文量

期刊介绍： Economics and Business Letters is an open access journal that publishes both theoretical and empirical quality original papers in all economics and business fields. In addition, relevant discussions on current policy issues will be considered for the Policy Watch section. As general strategy of EBL, the journal will launch calls for papers for special issues on topics of interest, generally with invited guest editors. The maximum length of the letters is limited to 2,500 words.