on cyclical conditions: the employment cost of deregulation is higher in economic downturns, negligible in good times …

. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …

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 …

set of covariates, results show that product market deregulation overall reduces the unemployment rate. This finding is … effect: deregulation of state controls and in particular involvement in business operations tends to push up the unemployment … rate.Labour market deregulation, proxied by the employment protection legislation index, is detrimental to unemployment in …