Dynamic effects of regulation and deregulation in goods and labour markets
Modern macroeconomic models with a Keynesian flavour usually involve nominal rigidities in wages and goods prices. A typical model is static and combines wage bargaining in the labour markets and monopolistic competition in the goods markets. As central policy implication it follows that deregulatin...
| Main Authors: | , |
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| Format: | Others |
| Language: | en |
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Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business
2005
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| Online Access: | http://epub.wu.ac.at/496/1/document.pdf |