Beissinger, Thomas; Chusseau, Nathalie; Hellier, Joël - Fakultät Wirtschafts- und Sozialwissenschaften, … - 2015
explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … both higher inequality and higher unemployment; 3) The implementation of the reform reduces unemployment, but also … decreases the exports/production ratio and increases inequality. The model also predicts that the reduction in unemployment in …
