Ebell, Monique; Häfke, Christian - 2003 - First Version: December 2002, This Version: December 2003
We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main … high-regulation European regime to a low-regulation Anglo-American one. Our quantitative analysis suggests that under … individual bargaining, no more than half a percentage point of European unemployment rates can be attributed to entry regulation. …