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  • The Political Economy of Structural Reforms in Europe: Labour Regulation, Product Markets, and Economic Performance

    The Political Economy of Structural Reforms in Europe by Campos, Nauro F.; De Grauwe, Paul; Ji, Yuemei;

    Labour Regulation, Product Markets, and Economic Performance

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      • Publisher's listprice GBP 83.00
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    Product details:

    • Publisher OUP Oxford
    • Date of Publication 20 August 2018

    • ISBN 9780198821878
    • Binding Hardback
    • No. of pages308 pages
    • Size 242x163x25 mm
    • Weight 634 g
    • Language English
    • 0

    Categories

    Short description:

    Reforms in labour and product markets play a central role in government policies. This book identifies the conditions under which structural reforms are beneficial, and throws new light on the determinants and effects of structural reforms, and on how these shape the European integration experience.

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    Long description:

    Reforms in labour and product markets play a central role in government policies. The Political Economy of Structural Reforms in Europe takes stock of current frontier work. It brings together leading contributions from academia, the central banks in Europe, and the OECD to argue that structural reforms can make a fundamental contribution to improve economic performance across Europe.

    The Political Economy of Structural Reforms in Europe brings together theoretical and empirical studies that address the potential role of structural reforms in restoring macroeconomic stability, resuming economic growth, addressing income inequality, and grappling secular stagnation. It throws new light on the determinants and effects of structural reforms and on how these shape the European integration experience.

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    Table of Contents:

    Introduction
    Structural Reforms, Growth and Inequality: An Overview of Theory, Measurement and Evidence
    When do countries implement structural reforms?
    The Dynamics of the Regulation of Labour in Developing and Developed Countries since 1960
    Growth, unemployment and wages in EU countries after the Great Recession: The Role of Regulation and Institutions
    Reforming the Labor Market in Good and Bad Times: Any Differences
    Short-Run Costs of Structural Reforms: What Role for Fiscal Policy?
    The Quantification of Structural reforms in OECD Countries: A New Framework
    Labour Market Regulations and Growth: Growth Accounting Evidence
    Labour Market Regulations and Capital Intensity
    Services Market Liberalization, Economic Governance, and Trade Agreements
    Europe's Long-Term Growth Prospects: With and Without Structural Reforms
    Conclusion

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