efficiency arguments are questionable, because of the disemployment effects of strict regulation. Regulation is better explained … rationally desires strict regulation to divert rent from other groups such as the skilled workers and the unemployed. Legal … tradition. Given a predisposition to intervene, these countries begin with some degree of labour regulation, which then creates …

European Labour Force Survey to investigate empirically the relationship between product market regulation and training …

support to this view. We find that in countries with less stringent job market regulation the long-run impact of Unemployment … faster in countries with looser job-market regulation, compared with countries with stricter regulation. These findings have …

labour markets regulation policies. …

, decrease with anti-competitive regulation in upstream sectors and increase with the industry specific output gap; ii) decrease … with the national output gap, increase with the national employment rate and decrease with employment protection regulation …

In this paper, I study the political rationale for labor market regulation. Oligopolists employ raw labor and human … less competition from outside. Then, the fall of income due to wage increases is reduced and labor market regulation …