Boeck, Maximilian; Crespo Cuaresma, Jesús; Glocker, … - 2022
We study empirically how various labor market institutions - (i) union density, (ii) unemployment benefit remuneration … more stringent labor market institutions attenuate both fiscal spending multipliers and macroeconomic volatility. This is … emanate from employment protection, followed by union density. While some labor market institutions mitigate the …