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Labour and Product Market Reforms: A Case for Policy Complementarity Author info | Abstract | Publisher info | Download info | Related research | Statistics Amable, Bruno (University of Paris X - Nanterre and CEPREMAP)
Gatti, Donatella () (University of Lyon 2, CEPREMAP and IZA Bonn)
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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.
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number
1190.
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Length: 32 pages
Date of creation: Jun 2004Date of revision:
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Keywords: policy complementarity ; job protection legislation ; efficiency wage ; imperfect competition ; Other versions of this item:
Find related papers by JEL classification: E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts J63 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Turnover; Vacancies; Layoffs L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Bertola, Giuseppe, 1990.
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"Macroeconomic Effects Of Regulation And Deregulation In Goods And Labor Markets ,"
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Coe, David T & Snower, Dennis J., 1997.
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CEPR Discussion Papers
1585, C.E.P.R. Discussion Papers.
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Other versions: Nickell, Stephen, 1997.
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Nickell, Stephen, 1999.
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[Downloadable!] (restricted)
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Bruno Amable & Lilas Demmou & Donatella Gatti, 2007.
"Employment Performance and Institutions: New Answers to an Old Question ,"
IZA Discussion Papers
2731, Institute for the Study of Labor (IZA).
[Downloadable!]
Bruno Amable & Lilas Demmou & Donatella Gatti, 2006.
"Institutions, unemployment and inactivity in the OECD countries ,"
PSE Working Papers
2006-16, PSE (Ecole normale supérieure).
[Downloadable!]
Florian Baumann, 2008.
"Employment Protection: The Case of Limited Enforceability ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!]
Bruno AMABLE (Université Paris I and CEPREMAP) & Yannick LUNG (GREThA UMR CNRS 5113 and GERPISA), 2008.
"The European Socio-Economic Models of a Knowledge-based society. \r\nMain findings and conclusion \r\n ,"
Cahiers du GREThA
2008-26, Groupe de Recherche en Economie Théorique et Appliquée.
[Downloadable!]
Giorgio Calcagnini & Germana Giombini, 2009.
"Does Employment Protection Legislation Affect Firm Investment? The European Case ,"
Working Papers
0902, University of Urbino Carlo Bo, Department of Economics, revised 2009.
[Downloadable!]
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