Modeling the effects of structural reforms and reform backlashes: The cases of pension and labor market reforms

Axel Börsch-Supan and Alexander Ludwig

Economic Modelling, 2013, vol. 35, issue C, 999-1007

Abstract: We build a simple model of reforms and reform backlashes into an overlapping generations model which is extended to the multi-country situation typical for Europe. As a particular feature of our model, we add the distinction between exogenous labor supply components – representing the key results of labor market and pension reform – and endogenous labor supply components – representing household reactions to those reforms and possible reform backlash.

Date: 2013
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:35:y:2013:i:c:p:999-1007

DOI: 10.1016/j.econmod.2013.09.009

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