Griffith, Rachel; Harrison, Rupert; Macartney, Gareth - C.E.P.R. Discussion Papers - 2006
We analyze the impact of product market competition on unemployment and wages, and how this depends on labour market … competition. We find that increased product market competition reduces unemployment, and that it does so more in countries with …. We also find that the effect of increased competition on real wages is beneficial to workers, but less so when they have …