01832cas a2200253 a 4500 AALejournalIMF003895 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451862461 1018-5941 BD-DhAAL BD-DhAAL Berger, Helge. Labor and Product Market Deregulation : Partial, Sequential, or Simultaneous Reform? / Helge Berger, Stephan Danninger. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (35 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This study explores the effects of labor and product market deregulation on employment growth. Our empirical results, based on an OECD country panel from 1990-2004, suggest that lower levels of product and labor market regulation foster employment growth, including through sizable interaction effects. Based on these findings, the paper develops a theoretical framework for evaluating deregulation strategies in the presence of reform costs. Optimal deregulation takes various forms depending on the deregulation costs, the strength of reform interactions, and the perspective of the policymaker. Unless deregulation costs are very asymmetric across markets, optimal deregulation requires some form of coordination. Mode of access: Internet Danninger, Stephan. IMF Working Papers; Working Paper ; No. 2005/227 Full text available on IMF http://elibrary.imf.org/view/journals/001/2005/227/001.2005.issue-227-en.xml IMF e-Library