开始:VCALENDAR版本:2.0 PRODID: / /学院Labor Economics//Zope//EN METHOD:PUBLISH CALSCALE:GREGORIAN BEGIN:VTIMEZONE TZID:Europe/Berlin BEGIN:DAYLIGHT TZOFFSETFROM:+0100 RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=-1SU DTSTART:19810329T020000 TZNAME:CEST TZOFFSETTO:+0200 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:+0200 RRULE:FREQ=YEARLY;BYMONTH=10;BYDAY=-1SU DTSTART:19961027T030000 TZNAME:CET TZOFFSETTO:+0100 END:STANDARD END:VTIMEZONE BEGIN:VEVENT UID:5951053381600@conference.iza.org LOCATION;CHARSET=UTF-8: DESCRIPTION:Recently, the interactions between product market structure and labor market outcomes have come under increased \nscrutiny. This paper considers the dynamic relationship between product market entry regulation and equilibrium \nunemployment and wages, both theoretically and quantitatively. The main elements of our model are Mortensen- \nPissarides-style search and matching frictions, monopolistic competition in the goods market, multi-worker firms \nand barriers to entry. Our measure of competition has a strong impact on equilibrium unemployment rates and on \nequilibrium wages, indicating that product market competition does indeed have quantitatively significant effects on \nlabor market outcomes. Most of the impact is achieved by moving from a monopoly to four to five competing firms \nper industry. Hence, a little bit of competition goes a long way. Competition is then linked to a specific regulatory \ninstitution, namely barriers to entry. Data on entry costs are used to compare labor market performance under two \nregimes: a high-regulation European regime and a low-regulation Anglo-American one.

Download slides(PDF file, 3.5 MB) SEQUENCE:1 X-APPLE-TRAVEL-ADVISORY-BEHAVIOR:AUTOMATIC SUMMARY:IZA Seminar: Product Market Deregulation and Labor Market Outcomes by Christian Haefke (New York University, Abu Dhabi) DTSTART;TZID=Europe/Berlin:20030520T000000 DTEND;TZID=Europe/Berlin:T000000 END:VEVENT END:VCALENDAR