Ebell, Monique; Häfke, Christian - 2008
unemployment during the 1980's and 1990's could be directly attributed to product market deregulation. Under a traditional … attributed to product market deregulation, a surprisingly small amount. Under a small surplus calibration, however, product … market deregulation can account for the entire decline in US trend unemployment over the 1980's and 1990's. -- product market …
