|
|
|
|
| LEADER |
02205cas a2200265 a 4500 |
| 001 |
AALejournalIMF018408 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 5.00 USD
|
| 020 |
|
|
|z 9781484353639
|
| 022 |
|
|
|a 1018-5941
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 100 |
1 |
|
|a Duval, Romain.
|
| 245 |
1 |
4 |
|a The Needle in the Haystack :
|b What Drives Labor and Product Market Reforms in Advanced Countries? /
|c Romain Duval, Davide Furceri, Jakob Miethe.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2018.
|
| 300 |
|
|
|a 1 online resource (59 pages)
|
| 490 |
1 |
|
|a IMF Working Papers
|
| 500 |
|
|
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
|
| 500 |
|
|
|a <strong>On-Campus Access:</strong> No User ID or Password Required
|
| 506 |
|
|
|a Electronic access restricted to authorized BRAC University faculty, staff and students
|
| 520 |
3 |
|
|a The political economy literature has put forward a multitude of hypotheses regarding the drivers of structural reforms, but few, if any, empirically robust findings have emerged thus far. To make progress, we draw a parallel with model uncertainty in the growth literature and provide a new version of the Bayesian averaging of maximum likelihood estimates (BAMLE) technique tailored to binary logit models. Relying on a new database of major past labor and product market reforms in advanced countries, we test a large set of variables for robust correlation with reform in each area. We find widespread support for the crisis-induces-reform hypothesis. Outside pressure increases the likelihood of reform in certain areas: reforms are more likely when other countries also undertake them and when there is formal pressure to implement them. Other robust correlates are more specific to certain areas-for example, international pressure and political factors are most relevant for product market and job protection reforms, respectively.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 700 |
1 |
|
|a Furceri, Davide.
|
| 700 |
1 |
|
|a Miethe, Jakob.
|
| 830 |
|
0 |
|a IMF Working Papers; Working Paper ;
|v No. 2018/101
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2018/101/001.2018.issue-101-en.xml
|z IMF e-Library
|