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Beggar or prosper-thy-neighbour? the international spillovers of labour cost

Author

Listed:
  • Charpe, Matthieu.
  • Kühn, Stefan.

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.

Suggested Citation

  • Charpe, Matthieu. & Kühn, Stefan., 2015. "Beggar or prosper-thy-neighbour? the international spillovers of labour cost," ILO Working Papers 994949190802676, International Labour Organization.
    • Handle: RePEc:ilo:ilowps:994949190802676
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    Cited by:

    1. Lukas Vogel, 2017. "Stabilization and Rebalancing with Fiscal or Monetary Devaluation: a Model-Based Comparison," CESifo Economic Studies, CESifo Group, vol. 63(2), pages 235-253.
    2. Jörg Decressin & Raphael A Espinoza & Ioannis Halikias & Michael Kumhof & Daniel Leigh & Prakash Loungani & Paulo A Medas & Susanna Mursula & Antonio Spilimbergo & TengTeng Xu, 2015. "Wage Moderation in Crises; Policy Considerations and Applications to the Euro Area," IMF Staff Discussion Notes 15/22, International Monetary Fund.

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