unemployment rate which is almost three times larger than that in a model with ¯xed labor force. For a calibration capturing … alternatively European and the U.S. labor markets, a deregulation episode, which lowers the markup by 3 percent- age points, results … in a fall in the unemployment rate by 0.17 and 0.07 percentage point, respectively, while the labor share is almost una …

decline in the unemployment rate which is almost three times larger than that in a model with fixed labor force. For a … calibration capturing alternatively European and the U.S. labor markets, a deregulation episode, which lowers the markup by 3 … percent- age points, results in a fall in the unemployment rate by 0.17 and 0.07 percentage point, respectively, while the …

decline in the unemployment rate which is almost three times larger than that in a model with fixed labor force. For a … calibration capturing alternatively the European and the US labor markets, a deregulation episode, which lowers the markup by 3 … percentage points, results in a fall in the unemployment rate by 0.17 and 0.05 percentage point, respectively, while the labor …

decline in the unemployment rate can be attributed to the increase in the labor force, while the number of job seekers remains … fairly unchanged. For a calibration capturing alternatively European and the U.S. labor markets, a deregulation episode …, which lowers the markup by 3 percentage points, results in a fall in the unemployment rate by 0.1 and 0.05 percentage point …

that changes in production prices and wages at country*industry levels are informative about the creation of rents impeding …