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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 …
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The wave of crises that began in 2008 reheated the debate on market deregulation as a tool to improve economic …, and price and wage rigidities. Regulation affects producer entry costs, employment protection, and unemployment benefits … policy to reduce transition costs. Third, deregulation reduces static and dynamic inefficiencies, making price stability more …
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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 …
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