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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20435| Title: | Labour and Product Market Reforms : A Case for Policy Complementarity |
| Keywords: | ddc:330 policy complementarity job protection legislation efficiency wage imperfect competition Deregulierung Wettbewerb Arbeitsmarktflexibilisierung Kündigungsschutz Monopolistischer Wettbewerb Effizienzlohn Wohlfahrtseffekt Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| 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. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20435 |
| Other Identifiers: | http://hdl.handle.net/10419/20435 ppn:390282898 |
| Appears in Collections: | EconStor |
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