Development economics - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T13:44:58+00:00Search Frictions, Financial Frictions and Labour Market Fluctuations in Emerging Markets
https://www.bankofcanada.ca/2014/08/working-paper-2014-35/
This paper examines the role of the extensive and intensive margins of labour input in the context of a business cycle model with a financial friction. We document significant variation in the hours worked per worker for many emerging-market economies. Both employment and hours worked per worker are positively correlated with each other and with output.2014-08-08T11:15:11+00:00enSearch Frictions, Financial Frictions and Labour Market Fluctuations in Emerging Markets2014-08-08Business fluctuations and cyclesDevelopment economicsInterest ratesInternational topicsLabour marketsWorking Paper 2014-35https://www.bankofcanada.ca/wp-content/uploads/2014/08/wp2014-35.pdfSearch Frictions, Financial Frictions and Labour Market Fluctuations in Emerging MarketsSumru AltugSerdar KabacaAugust 2014EE4E44FF4F41JJ4J40