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Author :
Publisher :
ISBN 13 : 9789279087325
Total Pages : 49 pages
Book Rating : 4.0/5 (873 download)
Download or read book Quantitative Assessment of Structural Reforms written by and published by . This book was released on 2008 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Alfonso Arpaia
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.3/5 ( download)
Download or read book Quantitative Assessment of Structural Reforms written by Alfonso Arpaia and published by . This book was released on 2007 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1. Introduction. - 2. The effects of past labour and product market reforms. - 3. Pension reform: the effect of increasing the effective retirement age - a simulation using ecfin's ageing model. - 4. The internal market in an enlarged EU - the effects of simulations using the quest II model. - 5. Reductions in administrative burden. - 6. The effect of increasing R & D expenditures. - 7. Concluding remarks.
Author : Mr.Tom Krebs
Publisher : International Monetary Fund
ISBN 13 : 1484339681
Total Pages : 59 pages
Book Rating : 4.4/5 (843 download)
Download or read book Structural Reform in Germany written by Mr.Tom Krebs and published by International Monetary Fund. This book was released on 2016-04-25 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a quantitative evaluation of the macroeconomic, distributional, and fiscal effects of three reform proposals for Germany: i) a reduction in the social security tax in the low-wage sector, ii) a publicly financed expansion of full-day child care and full-day schooling, and iii) the further deregulation of the professional services sector. The analysis is based on a macroeconomic model with physical capital, human capital, job search, and household heterogeneity. All three reforms have positive short-run and long-run effects on employment, wages, and output. The quantitative effects of the deregulation reform are relatively small due to the smal size of professional services in Germany. Policy reforms i) and ii) have substantial macroeconomic effects and positive distributional consequences. Ten years after implementation, reforms i) and ii) taken together increase employment by 1.6 percent, potential output by 1.5 percent, real hourly pre-tax wages in the low-wage sector by 3 percent, and real hourly pre-tax wages of women with children by 2.7 percent. The two reforms create fiscal deficits in the short run, but they also generate substantial fiscal surpluses in the long-run. They are fiscally efficient in the sense that the present value of short-term fiscal deficits and long-term surpluses is positive for any interest (discount) rate less than 9 percent.
Author : Jakob de Haan
Publisher : Springer
ISBN 13 : 3319744003
Total Pages : 284 pages
Book Rating : 4.3/5 (197 download)
Download or read book Structural Reforms written by Jakob de Haan and published by Springer. This book was released on 2018-03-22 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a selection of contributions on the timely topic of structural reforms in Western economies, written by experts from central banks, the International Monetary Fund, and leading universities. It includes latest research on the impacts of structural reforms on the market economy, especially on the labor market, and investigates the results of collective bargaining in theory and practice. The book also comprises case studies of structural reforms. A literature survey on the topic serves as a valuable source for further research. The book is written by and targeted at both academics and policy makers.
Author : Nauro F. Campos
Publisher : Cambridge University Press
ISBN 13 : 1108479111
Total Pages : 467 pages
Book Rating : 4.1/5 (84 download)
Download or read book Structural Reforms and Economic Growth in Europe written by Nauro F. Campos and published by Cambridge University Press. This book was released on 2020-04-02 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: A state-of-the-art overview of the impacts of structural reforms on growth, employment and inequality in Europe.
Author : McMillan, Margaret
Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896292142
Total Pages : 328 pages
Book Rating : 4.8/5 (962 download)
Download or read book Structural change, fundamentals, and growth : a framework and case studies written by McMillan, Margaret and published by Intl Food Policy Res Inst. This book was released on 2017-05-11 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498344119
Total Pages : 64 pages
Book Rating : 4.4/5 (983 download)
Download or read book Structural Reforms and Macroeconomic Performance - Initial Considerations for the Fund written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-10-14 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structural policies have become a prominent feature of today’s macroeconomic policy discussion. For many countries, lackluster economic growth and high unemployment cloud the outlook. With fewer traditional policy options, policymakers are increasingly focused on the complementary role of structural policies in promoting more durable job-rich growth. In particular, the G20 has emphasized the essential role of structural reforms in ensuring strong, sustainable and balanced growth. Against this backdrop, the 2014 Triennial Surveillance Review (TSR) called for further work to enhance the Fund’s ability to selectively provide more expert analysis and advice on structural issues, particularly where there is broad interest among member countries. The purpose of this paper is to engage the Board on staff’s post-TSR work toward strengthening the Fund’s capacity to analyze and, where relevant, offer policy advice on macro-relevant structural issues.
Author : Ms.Era Dabla-Norris
Publisher : International Monetary Fund
ISBN 13 : 149830656X
Total Pages : 35 pages
Book Rating : 4.4/5 (983 download)
Download or read book Structural Reforms and Productivity Growth in Emerging Market and Developing Economies written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2016-02-09 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and developing economies (EMDEs) than others. Recognizing the possibility of time lags between reform implementation and reform payoffs, the paper also examines how productivity gains from various reforms evolve over the the short- and medium-term.
Author : Nauro F. Campos
Publisher : Oxford University Press
ISBN 13 : 0192554980
Total Pages : 344 pages
Book Rating : 4.1/5 (925 download)
Download or read book The Political Economy of Structural Reforms in Europe written by Nauro F. Campos and published by Oxford University Press. This book was released on 2018-07-04 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reforms in labour and product markets play a central role in government policies. The Political Economy of Structural Reforms in Europe takes stock of current frontier work. It brings together leading contributions from academia, the central banks in Europe, and the OECD to argue that structural reforms can make a fundamental contribution to improve economic performance across Europe. The Political Economy of Structural Reforms in Europe brings together theoretical and empirical studies that address the potential role of structural reforms in restoring macroeconomic stability, resuming economic growth, addressing income inequality, and grappling secular stagnation. It throws new light on the determinants and effects of structural reforms and on how these shape the European integration experience.
Author : Hippolyte W. Balima
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.4/5 (2 download)
Download or read book Assessing the Impact of Structural Reforms on Potential Output: The Case of Morocco written by Hippolyte W. Balima and published by International Monetary Fund. This book was released on 2023-10-27 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses Morocco’s potential output and the scope for structural reforms to reverse the downward trend in economic performance observed since the Global Financial Crisis. Using multivariate filtering (MVF) techniques, our analysis finds that the downward secular trend in potential growth was primarily driven by the decline in the contribution of labor inputs. We then combine production function and general equilibrium model approaches to provide estimates of the potential macroeconomic impact of Morocco’s structural reform agenda. The results suggest that the planned structural reforms could deliver sizable output gains in the medium to long term with reforms that would reduce the large gender gap in Morocco’s labor market yielding the greatest payoffs.
Author : MissAnna Rose Bordon
Publisher : International Monetary Fund
ISBN 13 : 151358992X
Total Pages : 28 pages
Book Rating : 4.5/5 (135 download)
Download or read book When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies written by MissAnna Rose Bordon and published by International Monetary Fund. This book was released on 2016-03-15 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structural reforms are expected to lift growth and employment, but their effects are surprisingly difficult to pin down empirically. One reason is their potential endogeneity to the economic environment in which they are conducted. For example, the impact of a reform implemented shortly before a cyclical upswing is difficult to distinguish from the recovery itself. Similarly, macroeconomic policies conducted along a structural reform could affect the estimated impact. Exploring various options, this paper develops robust estimates of the impact of labor and product market reforms by using local projection techniques while controlling for endogeneity of reforms and other biases. The results suggest that labor and product market reforms have a lagged but positive impact on employment creation, and the positive effect remains even after controlling for the endogeneity of the decision to reform. Supportive macroeconomic policies are found to increase the effect of labor and product market reforms, consistent with the view that some structural reforms are best initiated in conjunction with supportive fiscal or monetary policy.
Author : Ms.Lusine Lusinyan
Publisher : International Monetary Fund
ISBN 13 : 1484362993
Total Pages : 29 pages
Book Rating : 4.4/5 (843 download)
Download or read book Assessing the Impact of Structural Reforms Through a Supply-side Framework: The Case of Argentina written by Ms.Lusine Lusinyan and published by International Monetary Fund. This book was released on 2018-08-03 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper uses a supply-side framework based on a production function approach to assess the role of structural reforms in boosting long-term GDP growth in Argentina. The impact of product, labor, trade, and tax reforms on each supply-side channel—capital accumulation, labor utilization, and total factor productivity, proxied with an efficiency estimate—is assessed separately and then combined to derive the total impact on growth. The largest effect of structural reforms, involving regulatory changes that promote competition and facilitate flexible forms of employment, comes through the productivity/efficiency channel. Pro-competition regulation also improves labor utilization, while lower entry barriers and trade tariffs are important for capital accumulation. Structural reforms could have substantial effects on Argentina’s long-term GDP growth; for example, an ambitious reform effort to improve business regulatory environment would add 1–11⁄2 percent to average annual growth of GDP.
Author : Luiza Antoun de Almeida
Publisher : International Monetary Fund
ISBN 13 : 1484351770
Total Pages : 36 pages
Book Rating : 4.4/5 (843 download)
Download or read book On the Impact of Structural Reforms on Output and Employment written by Luiza Antoun de Almeida and published by International Monetary Fund. This book was released on 2018-04-06 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the effects of selected structural reforms on output and employment in the short and medium term. It uses a comprehensive cross-country firm-level dataset covering both advanced and emerging market economies over the period 2003-2014. In line with previous studies, it finds that structural reforms have in general a positive impact on output and employment in the medium term. Furthermore, the paper also assesses whether the impact of structural reforms varies with firm-specific characteristics, such as size, leverage, profitability, and sector. We find evidence that firm characteristics do influence the effectiveness of structural reforms. These findings have relevant policy implications as they help policymakers tailor the design of structural reforms to maximize their payoffs, taking into account their heterogeneous impact on firms.
Author : Nina Biljanovska
Publisher : International Monetary Fund
ISBN 13 : 1484380363
Total Pages : 22 pages
Book Rating : 4.4/5 (843 download)
Download or read book Structural Reform Priorities for Brazil written by Nina Biljanovska and published by International Monetary Fund. This book was released on 2018-10-08 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last few decades, Brazil has experienced relatively weak economic growth due to stagnant productivity. To boost productivity, Brazil should embark on an ambitious structural reform process. In doing so, it is crucial that authorities select a few reform priorities to avoid dispersing political capital on an overly broad reform agenda. The paper aims to identify Brazil’s reform priorities in two steps. First, it estimates the impact that different reforms have on Brazil’s productivity. Second, it analyzes survey data to assess the extent of public support for reforms. The results show that banking sector reforms would generate the largest productivity gains and have the highest level of public support. Moreover, they would also be relatively easy to legislate and generate significant fiscal savings.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264250085
Total Pages : 152 pages
Book Rating : 4.2/5 (642 download)
Download or read book Economic Policy Reforms 2016 Going for Growth Interim Report written by OECD and published by OECD Publishing. This book was released on 2016-02-26 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Going for Growth is the OECD’s regular report on structural reforms in policy areas that have been identified as priorities to boost incomes in OECD and selected non-OECD countries (Brazil, China, Colombia, India, Indonesia, Latvia, Russian Federation and South Africa).
Author : Ms.Lusine Lusinyan
Publisher : International Monetary Fund
ISBN 13 : 1475575017
Total Pages : 59 pages
Book Rating : 4.4/5 (755 download)
Download or read book Assessing the Macroeconomic Impact of Structural Reforms The Case of Italy written by Ms.Lusine Lusinyan and published by International Monetary Fund. This book was released on 2013-01-24 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wide-ranging structural reforms are underway in Italy, aimed at addressing key bottlenecks in the product and labor markets. Our analysis, based on the IMF‘s Global Integrated Monetary and Fiscal model (GIMF), attempts to quantify the potential gains to the economy from a comprehensive package of structural reforms. We find that these gains can be sizeable. While in most cases, the reforms go in the right direction, their impact would depend on effective and timely implementation. In some areas, especially in the labor market, reforms would benefit from further strengthening. The priorities should be to strengthen competition in the non-tradable sector and make the labor market more efficient and inclusive, supported by growth-friendly fiscal reforms.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264220461
Total Pages : 344 pages
Book Rating : 4.2/5 (642 download)
Download or read book Economic Policy Reforms 2015 Going for Growth written by OECD and published by OECD Publishing. This book was released on 2015-02-09 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication is the OECD’s annual report highlighting developments in structural policies in OECD countries and the key emerging economies.
