Structural reforms in the Euro area : economic impact and role of synchronization across markets and countries /

Using the IMF''s Global Economic Model, calibrated to the European Union, the effects of reform in product and labor markets are quantified for both a large and a small euro area economy. When markups in these markets are reduced, there are sizable long-term gains in output and employment....

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Bibliographic Details
Main Author: Everaert, Luc
Corporate Author: International Monetary Fund European Department
Other Authors: Schule, Werner
Format: Book
Language:English
Published: [Washington, D.C.] : International Monetary Fund, European Dept., c2006
Washington, D.C. : International Monetary Fund, 2006
Series:IMF Working Papers ; Working Paper No. 06/137
IMF Working Papers; Working Paper ; No. 2006/137
IMF eLibrary
IMF working paper ; WP/06/137
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