Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects

Hans Gersbach

Chapter 2 in Structural Reform and Economic Policy, 2004, pp 9-22 from Palgrave Macmillan

Abstract: Abstract Structural reforms in factor and product markets have been at the top of the policy agenda since the 1970s. Prominent examples are product-market reforms in a variety of service industries in industrial countries, labour-market reforms in Europe, and worldwide regulation of banking in the form of Basel I and II.

Keywords: Total Factor Productivity; Real Wage; Structural Reform; Nominal Wage; Bargaining Process (search for similar items in EconPapers)
Date: 2004
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Working Paper: Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects (2003)
Working Paper: Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects (2003)
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DOI: 10.1057/9780230524446_2

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