a "deregulation shock" is associated with an accumulation of foreign assets unless the production of nontraded goods is … very capital-intensive. We then investigate whether a measure of domestic deregulation does, in fact, help to explain …

empirical perspectives on the impact of labourmarket deregulation as a means of combatting unemployment and of enhancing … significant differences between these models. These are highlighted in thepaper. It is found that the effects of deregulation are … hard to separate out from other influenceson the labour market. The success of the deregulation policies is easily …