Monetary policy and firing costs

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



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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