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

Listed author(s):
  • Brown, Alessio J. G.
  • Merkl, Christian
  • Lechthaler, Wolfgang

This lecture is a tour d'horizon 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.

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File URL: https://www.econstor.eu/bitstream/10419/32947/1/621187704.pdf
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Paper provided by Kiel Institute for the World Economy (IfW) in its series Open Access Publications from Kiel Institute for the World Economy with number 32947.

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Date of creation: 2009
Handle: RePEc:zbw:ifwkie:32947
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  1. Brown, Alessio J. G. & Merkl, Christian & Snower, Dennis J., 2010. "Comparing the effectiveness of employment subsidies," Kiel Working Papers 1302 [rev.], Kiel Institute for the World Economy (IfW).
  2. Dennis Snower & Alessio Brown & Christian Merkl, 2007. "Einstellungsgutscheine effektiver als Kombilöhne," Ifo Schnelldienst, Ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 60(04), pages 37-41, 02.
  3. Lechthaler, Wolfgang & Merkl, Christian & Snower, Dennis J., 2010. "Monetary Persistence and the Labor Market: A New Perspective," CEPR Discussion Papers 7650, C.E.P.R. Discussion Papers.
  4. Wolfgang Lechthaler & Christian Merkl & Ester Faia, 2009. "Labor Turnover Costs, Workers’ Heterogeneity and Optimal Monetary Policy," 2009 Meeting Papers 193, Society for Economic Dynamics.
  5. Brown, Alessio J. G. & Snower, Dennis J., 2009. "Incentives and complementarities of flexicurity," Kiel Working Papers 1526, Kiel Institute for the World Economy (IfW).
  6. Boss, Alfred & Brown, Alessio J. G. & Merkl, Christian & Snower, Dennis J., 2007. "Einstellungsgutscheine: Konkrete Ausgestaltung für Deutschland," Kiel Working Papers 1327, Kiel Institute for the World Economy (IfW).
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