Resource title

Labour and Product Market Reforms : A Case for Policy Complementarity

Resource image

image for OpenScout resource :: Labour and Product Market Reforms : A Case for Policy Complementarity

Resource description

This paper is a contribution to the debate on policy complementarity in relation to deregulation in the product and labour markets. We develop a model of dynamic efficiency wages and monopolistic competition. Whereas most of the literature points toward the gains associated to an increase in product market competition coupled with an increased flexibility of the labour market, we show that even when more product market competition is the policy recommendation, it should be accompanied by an increase in job security.

Resource author

Donatella Gatti, Bruno Amable

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/20435

Resource license

Adapt according to the presented license agreement and reference the original author.