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Firing costs and the business cycle: Policy implications in light of the financial crisis

This lecture is a tour dhorizon of the financial crisis aimed at extracting lessons for future financial regulation. It combines normative recommendations based on conventional welfare economics with positive assessments of the kind of measures likely to be adopted based on political economy considerations.
Year of publication:
2009
Authors: Brown, Alessio J. G. ; Merkl, Christian ; Lechthaler, Wolfgang
Institutions: Institut für Weltwirtschaft (IfW)
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Source:
Persistent link: https://www.econbiz.de/10010983116
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