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We quantitatively assess the macroeconomic effects of country-specific supply-side reforms in the euro area by simulating EAGLE, a multi-country dynamic general equilibrium model. We consider reforms in the labor and services markets of Germany (or, alternatively, Portugal) and the rest of the...
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over the period 1911-1951 and of their links with competition policy. By relying on a newly compiled dataset and on fresh … industries. Finally, we find that reductions in the level of competition, induced by specific policies, were associated with …
Persistent link: https://www.econbiz.de/10011099592
Insufficient competition remains a major obstacle to growth in Italy. The main culprits include the institutional … rights to provide services and restrictive regulation hindered competition in professional services. Growing awareness of the … importance of competition policies to foster growth has given new impetus to the implementation of a wide programme of …
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