Labor mobility in a monetary union / by Daniela Hauser and Martin Seneca.: FB3-5/2019-15E-PDF

"The optimal currency literature has stressed the importance of labor mobility as a precondition for the success of monetary unions. But only a few studies formally link labor mobility to macroeconomic adjustment and policy. In this paper, we study macroeconomic dynamics and optimal monetary policy in an economy with cyclical labor flows across two distinct regions that share trade links and a common monetary framework"--Abstract, page ii.

Permanent link to this Catalogue record:
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Publication information
Department/Agency Bank of Canada.
Title Labor mobility in a monetary union / by Daniela Hauser and Martin Seneca.
Series title Bank of Canada staff working paper, 1701-9397 ; 2019-15
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "April 2019."
Includes bibliographical references (pages 27-29).
Includes abstract in French.
Publishing information Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2019.
©2019
Author / Contributor Hauser, Daniela, author.
Seneca, Martin, author.
Description 1 online resource (iii, 103 pages) : illustrations.
Catalogue number
  • FB3-5/2019-15E-PDF
Subject terms Labour mobility
Macroeconomic analysis
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