We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main … 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 …

We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main … attributed to product market deregulation. Our quantitative analysis suggests that under individual bargaining, a decrease of … less than two tenths of a percentage point of unemployment rates can be attributed to product market deregulation, a …

The paper addresses the question of pricing access to the network facilities of an incumbent firm after deregulation …

various covariates, results show that product market deregulation overall reduces unemployment rate. This finding is robust to …: deregulation of State controls and in particular involvement in business operations tends to push up the unemployment rate. Labour … market deregulation, proxied by the employment protection legislation index, is detrimental to unemployment in the short run …

Product and labor market deregulation are fundamentally about reducing and redistributing rents, leading economic … players to adjust in turn to this new distribution. Thus, even if deregulation eventually proves beneficial, it comes with … regulation as determining both the entry costs faced by firms, and the degree of competition between firms. We think of labor …

Product and labor market deregulation are fundamentally about reducing and redistributing rents, leading economic … players to adjust in turn to this new distribution. Thus, even if deregulation eventually proves beneficial, it comes with … regulation as determining both the entry costs faced by firms, and the degree of competition between firms. We think of labor …