Structural Reform Packages, Sequencing, and the Informal Economy /

This paper explores the macroeconomic impacts of labor and product market deregulation using a small open-economy model with formal and informal markets. We examine both the long-run effects and the transition towards the post-reform equilibrium, while our main focus are reform packages and sequenci...

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Bibliographic Details
Main Author: Munkacsi, Zsuzsa
Other Authors: Saxegaard, Magnus
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/125
Online Access:Full text available on IMF