Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062538 | Economics Letters | 2006 | 4 Pages |
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.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Magnus Jonsson,