Quantifying the Benefits of Labor Mobility in a Currency Union
收藏NBER2018-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w25347
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资源简介：
Unemployment differentials are bigger in Europe than in the United States. Migration responds to unemployment differentials, though the response is smaller in Europe. Mundell (1961) argued that factor mobility is a precondition for a successful currency union. We use a multi-country DSGE model with
提供机构：
美国国家经济研究局
创建时间：
2018-12-01
