Monetary policy and firing costs

Ester Faia, Wolfgang Lechthaler, Christian Merkl, 9 February 2013

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Recession has put many Eurozone labour markets under stress, particularly those in Mediterranean countries that have inflexible markets. As part of ongoing reforms, many have tackled the labour market – under the explicit encouragement of the EU and the ECB.

Topics: Labour markets, Monetary policy
Tags: Eurozone crisis, firing costs

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