Short‑Term Gain or Pain? A DSGE Model‑Based Analysis of the Short‑Term Effects of Structural Reforms in Labour and Product Markets
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper explores the short-term effects of labour and product market reforms through a dynamic
general equilibrium model that features endogenous producer entry, equilibrium unemployment and costly
job creation and destruction. Unlike in existing work, the link between labour and product market
dynamics and the policy factors driving it are...
