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Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects

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dc.creator Gersbach, Hans
dc.date 2003
dc.date.accessioned 2013-10-16T07:08:32Z
dc.date.available 2013-10-16T07:08:32Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20078
dc.identifier ppn:367380552
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20078
dc.description We examine the macroeconomic consequences of industry wage bargaining and product market reforms. We suggest that general equilibrium effects may be important for the evaluation of industry-specific regulations. In particular, we suggest that the European unemployment problem can be traced back partially to insufficient recognition of general equilibrium effects. Moreover, unawareness of general equilibrium effects may be an explanation of why regulations are introduced and why structural reforms are (not) undertaken.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 833
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J60
dc.subject E24
dc.subject D58
dc.subject L13
dc.subject ddc:330
dc.subject industry wage bargaining
dc.subject structural reforms
dc.subject general equilibrium effects
dc.subject Deregulierung
dc.subject Arbeitsmarktflexibilisierung
dc.subject Tarifpolitik
dc.subject Makroökonomischer Einfluß
dc.subject Mehr-Sektoren-Modell
dc.subject Allgemeines Gleichgewicht
dc.subject Theorie
dc.title Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects
dc.type doc-type:workingPaper


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