Hidden Bibliographic Details
| Other authors / contributors: | Danninger, Stephan, author.
International Monetary Fund. European Department, issuing body.
|
|---|
| ISBN: | 1283515253
9781283515252
9781451907827
1451907826
1462359914
9781462359912
1451991398
9781451991390
9786613827708
6613827703
|
|---|
| Notes: | Includes bibliographical references.
English.
Print version record.
|
|---|
| Summary: | This study explores the effects of labor and product market deregulation on employment growth. Our empirical results, based on an OECD country panel from 1990-2004, suggest that lower levels of product and labor market regulation foster employment growth, including through sizable interaction effects. Based on these findings, the paper develops a theoretical framework for evaluating deregulation strategies in the presence of reform costs. Optimal deregulation takes various forms depending on the deregulation costs, the strength of reform interactions, and the perspective of the policymaker. Unless deregulation costs are very asymmetric across markets, optimal deregulation requires some form of coordination.
|
|---|
| Other form: | Print version: Berger, Helge. Labor and product market deregulation. [Washington, D.C.] : International Monetary Fund, European Dept., ©2005
|
|---|
