Title of article :
Product and labor markets distortions in Europe
Author/Authors :
Magnus Jonsson، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
The welfare cost of product and labor markets distortions in Europe is quantified in a dynamic general equilibrium model. We find that the welfare cost of distortions in the product market is two to four times higher than in the labor market.
Keywords :
Welfare , Monopolistic competition
Journal title :
Economics Letters
Journal title :
Economics Letters