# Structural rigidities

- Canonical URL: https://www.gerhardmerk.de/structural-rigidities-2
- Post ID: 8137
- Modified: 2023-07-25T21:13:59+00:00
- Language: en

## Definition

Unless otherwise defined, this refers to an economy with - only a less flexible labor market, - less competition on goods markets, - considerable barriers to market entry for new companies and - a less developed capital market. - In such economies, the investment ratio is lower, and thus productivity and consequently growth are also generally lower. - See ICT-using industries, KLEMS database, wage rigidities, productivity, structural transformation, structural change. - Cf. ECB Monthly Bulletin of January 2008, pp. 68 et seq. (detailed presentation; many overviews; implications for monetary policy), pp. 88 et seq. (informative overviews), Deutsche Bundesbank Monthly Bulletin of January 2014, pp. 21 et seq.; pp. 41 et seq. (rigidities in the euro area). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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