What is the macroeconomic impact of ambitious structural reforms on product and labour markets?

Gilbert Cette, Jimmy Lopez () and Jacques Mairesse

Rue de la Banque, 2016, issue 27

Abstract: What impact would ambitious structural reforms implemented on product and labour markets have on growth? The authors propose an assessment, using a panel of 14 countries, of the consequences of the adoption of “best practices”, defined as the average level of regulations observed in the three economies where they are the least cumbersome. Their simulations show that the implementation of such reforms should lead to a very significant increase in productivity in many countries, in particular in the euro area.

Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://publications.banque-france.fr/sites/defaul ... ue_27_2016-06_en.pdf (application/pdf)

Related works:
Working Paper: What is the macroeconomic impact of ambitious structural reforms on product and labour markets? (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bfr:rueban:2016:27

Access Statistics for this article

More articles in Rue de la Banque from Banque de France Banque de France 31 Rue Croix des Petits Champs LABOLOG - 49-1404 75049 PARIS. Contact information at EDIRC.
Bibliographic data for series maintained by Michael brassart ().