Imperfect goods and labor markets, regulation, and spillover effects
(De)regulatory interventions frequently have unintended cross- market effects, which may or may not be desirable. We assess the effects of three policies on aggregate variables, in particular real income, from a theoretical perspective. Our results suggest that instruments acting upon wages have onl...
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Universität Potsdam
2003
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| Online Access: | http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-13951 http://opus.kobv.de/ubp/volltexte/2007/1395/ |
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ndltd-Potsdam-oai-kobv.de-opus-ubp-13952013-01-08T00:49:03Z Imperfect goods and labor markets, regulation, and spillover effects Sanner, Helge Economics (De)regulatory interventions frequently have unintended cross- market effects, which may or may not be desirable. We assess the effects of three policies on aggregate variables, in particular real income, from a theoretical perspective. Our results suggest that instruments acting upon wages have only a weak impact on real income, whereas the distribution of income is affected strongly. In contrast, a policy that enhances product market competition is fostering real income, but also impacts strongly on union wages and the distribution of income. Universität Potsdam Wirtschafts- und Sozialwissenschaftliche Fakultät. Wirtschaftswissenschaften 2003 Book application/pdf urn:nbn:de:kobv:517-opus-13951 http://opus.kobv.de/ubp/volltexte/2007/1395/ eng http://opus.kobv.de/ubp/doku/urheberrecht.php |
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NDLTD |
| language |
English |
| format |
Others
|
| sources |
NDLTD |
| topic |
Economics |
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Economics Sanner, Helge Imperfect goods and labor markets, regulation, and spillover effects |
| description |
(De)regulatory interventions frequently have unintended cross- market effects, which may or may not be desirable. We assess the effects of three policies on aggregate variables, in particular real income, from a theoretical perspective. Our results suggest that instruments acting upon wages have only a weak impact on real income, whereas the distribution of income is affected strongly. In contrast, a policy that enhances product market competition is fostering real income, but also impacts strongly on union wages and the distribution of income. |
| author |
Sanner, Helge |
| author_facet |
Sanner, Helge |
| author_sort |
Sanner, Helge |
| title |
Imperfect goods and labor markets, regulation, and spillover effects |
| title_short |
Imperfect goods and labor markets, regulation, and spillover effects |
| title_full |
Imperfect goods and labor markets, regulation, and spillover effects |
| title_fullStr |
Imperfect goods and labor markets, regulation, and spillover effects |
| title_full_unstemmed |
Imperfect goods and labor markets, regulation, and spillover effects |
| title_sort |
imperfect goods and labor markets, regulation, and spillover effects |
| publisher |
Universität Potsdam |
| publishDate |
2003 |
| url |
http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-13951 http://opus.kobv.de/ubp/volltexte/2007/1395/ |
| work_keys_str_mv |
AT sannerhelge imperfectgoodsandlabormarketsregulationandspillovereffects |
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1716500960917848064 |