Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/28036 
Erscheinungsjahr: 
2006
Schriftenreihe/Nr.: 
Diskussionsbeiträge No. 2006/10
Verlag: 
Freie Universität Berlin, Fachbereich Wirtschaftswissenschaft, Berlin
Zusammenfassung: 
This study explores the effects of market deregulation on employment growth. Empirical analysis of an OECD country panel (1990-2004) suggests that lower levels of product and labor market regulation foster employment growth, including through sizable interaction effects. A theoretical framework is developed for evaluating deregulation strategies in the presence of reform costs. Optimal deregulation takes various forms depending on the deregulation costs and the strength of reform interactions. Compared to the first best, decentralized decision-making can lead to excessive or insufficient deregulation. Securing the first best requires coordinating deregulation activities across sectors and overcoming the partial perspective of decision makers.
Schlagwörter: 
Product market regulation
labor market regulation
employment growth
policy coordination
sequencing
JEL: 
L51
E24
J50
ISBN: 
3938369353
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
467.08 kB





Publikationen in EconStor sind urheberrechtlich geschützt.