positively to the product market reform in industries of countries where patent rights are strong, not where these are weak. The … positive response to the reform is more pronounced in industries in which innovators rely more on patenting than in other …

contours of the EPL reform. In this article we used an equilibrium unemployment model to investigate the virtue of an EPL … reform whose modality is a lessening in the red tape and legal costs associated with layoffs and the introduction of an U ….S. like experience rating system modelled as a combination of a layoff tax and a payroll subsidy. The reform considered shows …