and thedecline in labor market institutions are three interrelated phenomena. The focus on the interdependence of these … addresses the problem of interaction (and thus competition) among countries with different systems of labor market institutions … institutions in a world with ever growing interdependence among countries (Agell 1999, Freeman 1998), the model presented in this …

In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We … affect aggregate unemployment for an exogenously given minimum real wage. The bottom-line was that product market reforms … will help to reduce aggregate unemployment under most circumstances.Modeling a microfoundation of mark-ups, we have …