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

Alessio Brown, Christian Merkl and Wolfgang Lechthaler

Open Access Publications from Kiel Institute for the World Economy from Kiel Institute for the World Economy (IfW Kiel)

Abstract: 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.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkie:32947

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