Effective labor regulation and microeconomic flexibility
Microeconomic flexibility is at the core of economic growth in modern market economies because it facilitates the process of creative-destruction. The main reason why this process is not infinitely fast, is the presence of adjustment costs, some of them technological, others institutional. Chief amo...
Main Authors: | , , , |
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Other Authors: | |
Format: | Article |
Language: | en_US |
Published: |
Elsevier
2013
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Online Access: | http://hdl.handle.net/1721.1/82666 https://orcid.org/0000-0003-2760-451X |