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The macroeconomic impact of structural reforms

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  • de Bandt, O.
  • Vigna, O.

Abstract

In addition to their credibility, the co-ordination and ranking of reforms are key to reducing costs in the short term and benefiting from positive effects in the long term.

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File URL: http://www.banque-france.fr/gb/publications/telechar/bulletin/qsa/qsa11etud_1.pdf
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Bibliographic Info

Article provided by Banque de France in its journal Quarterly selection of articles - bulletin de la Banque de France.

Volume (Year): (2008)
Issue (Month): 11 (Spring)
Pages: 5-32

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Handle: RePEc:bfr:quarte:2008:11:01

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Related research

Keywords: structural reforms; product market; labour market; potential growth.;

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References

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  1. Alberto Alesina & Silvia Ardagna & Giuseppe Nicoletti & Fabio Schiantarelli, 2005. "Regulation And Investment," Journal of the European Economic Association, MIT Press, vol. 3(4), pages 791-825, 06.
  2. Ernst, Ekkehard & Gong, Gang & Semmler, Willi & Bukeviciute, Lina, 2006. "Quantifying the impact of structural reforms," Working Paper Series 0666, European Central Bank.
  3. Eijffinger, Sylvester C W & Rossi, Alberto, 2006. "Structural Reforms and Growth: Product and Labor Market Deregulations," CEPR Discussion Papers 5988, C.E.P.R. Discussion Papers.
  4. Jens Høj & Vincenzo Galasso & Giuseppe Nicoletti & Thai-Thanh Dang, 2006. "The Political Economy of Structural Reform: Empirical Evidence from OECD Countries," OECD Economics Department Working Papers 501, OECD Publishing.
  5. Nicola Brandt & Jean-Marc Burniaux & Romain Duval, 2005. "Assessing the OECD Jobs Strategy: Past Developments and Reforms," OECD Economics Department Working Papers 429, OECD Publishing.
  6. Jean Pisani-Ferry & André Sapir, 2006. "Last exit to Lisbon," Policy Contributions 29, Bruegel.
  7. Richard B. Freeman, 2005. "Labour Market Institutions Without Blinders: The Debate over Flexibility and Labour Market Performance," NBER Working Papers 11286, National Bureau of Economic Research, Inc.
  8. Layard, Richard & Nickell, Stephen & Jackman, Richard, 1991. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780198284345, September.
  9. Giuseppe Nicoletti & Stefano Scarpetta, 2005. "Product Market Reforms and Employment in OECD Countries," OECD Economics Department Working Papers 472, OECD Publishing.
  10. Duval, Romain & Elmeskov, Jørgen, 2006. "The effects of EMU on structural reforms in labour and product markets," Working Paper Series 0596, European Central Bank.
  11. Stéphane Adjemian & Christophe Cahn & Antoine Devulder & Nicolas Maggiar, 2008. "Variantes en univers incertain," Économie et Prévision, Programme National Persée, vol. 183(2), pages 223-238.
  12. Coffinet, J. & Matheron, J. & Poilly, C., 2007. "Estimations du ratio de sacrifice dans la zone euro," Bulletin de la Banque de France, Banque de France, issue 157, pages 25-33.
  13. Pitlik, Hans & Wirth, Steffen, 2003. "Do crises promote the extent of economic liberalization?: an empirical test," European Journal of Political Economy, Elsevier, vol. 19(3), pages 565-581, September.
  14. Andrea Bassanini & Romain Duval, 2006. "Employment Patterns in OECD Countries: Reassessing the Role of Policies and Institutions," OECD Social, Employment and Migration Working Papers 35, OECD Publishing.
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