Abstract
This paper presents a two-country DSGE model with frictions in the labour market and constrained households to assess the international spillovers of a decline in labour costs.
- Title
- Beggar or prosper-thy-neighbour?; the international spillovers of labour cost
- Creators
- Matthieu CharpeStefan Kühn
- Contributors
- International Labour Organization.
- Publisher
- ILO; Geneva
- Date published
- 2015
- Series
- ILO research paper; no. 11
- Number of pages
- 38 p.
- Language
- English
- Asset Type
- research paper
- Record Identifier
- 995219488602676
- Table of contents
- 1 Introduction -- 2 Model description -- 3 Calibration -- 4 Analytical investigation -- 5 Simulation -- 6 Conclusion.