theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual wage … bargaining. Product market competition affects unemployment by two channels: the output expansion effect and a countervailing … effect due to a hiring externality. Competition is then linked to barriers to entry. We calibrate the model to US data and …

transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …

countries over the period 1980-2002, we present evidence that product market deregulation is more effective at the margin when … labor market regulation is high. Moreover, there is evidence in our sample that product market deregulation promotes labor … market deregulation. We show that these results are mostly consistent with the basic predictions of a standard bargaining …

deregulation in retail distribution has no (or even positive) short-term employment effects. This discrepancy is likely driven by …

qualitative nature of our findings is similar between Cournot and Bertrand competition, suggesting that our results are robust to …

theory of contract. Finally, the empirical literature on employment and labor law is reviewed. I conclude that many aspects … of employment law are consistent with the economic theory of contract - namely, that contracts are written and enforced …