Labor Market Reforms: The Evidence Does Not Tell the Orthodox Tale
Inflexible labor markets are said to be the most important cause of economic stagnation and high unemployment rates. So certain are some advocates of this claim that casual observers might believe it is undisputed. These three economists show how flimsy the empirical support for such a claim truly is.
Volume (Year): 49 (2006)
Issue (Month): 2 (April)
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