Labour market distortion 

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Microsoft Word - discussion57
... point for explaining regional unemployment.7 in our model, this labour market distortion hampers adjustment of wages to lower labour productivity levels in the periphery, which results in unemployment. we ... also with the quality of matches and other labour market variables. the evidence thus suggests that housing markets compensate for regional labour market conditions, rather than for the loss in ...
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Microsoft Word - cpbdoc102
... labour market policies) are more effective and efficient as these measures directly focus on the inefficiencies (in case of road congestion), or inequalities (in case of access to the labour market) that generate the market ... with market parties. public authorities should be careful where it comes to financial participation in broadband initiatives. this involves risks of market distortion. ...
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