Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We … examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation as well as … in a standard dynamic model of entry and exit. We find that product market regulations affect time devoted to market work …

Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We … assessing the aggregate effects of product market regulation … examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation. We find …

Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We … assessing the aggregate effects of product market regulation … examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation. We find …

-best egalitarian argument for age-dependent working time regulation, which can make the short-lived better off and reduce inequalities …

and leisure is often viewed as a failure of labor-market clearing. We show that a simple heterogeneous agent economy with … data. Our results caution against viewing the preference residual as a failure of labor-market clearing or a fundamental …