Andersen, Torben M. (contributor); … - 2008
parameters of country 2 while allowing those
of country 1 to vary in order to analyze the incentives for unilateral reform in … stability at the country level than at the aggregate level.
Hence, there is risk of a �reform de�cit�from the unionwide … perspective. An in-
dividual member country may not have an incentive to reform its labour market
unilaterally, while such reforms …