Modeling the effects of structural reforms and reform backlashes: The cases of pension and labor market reforms
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.
Year of publication: |
2013
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Authors: | Börsch-Supan, Axel ; Ludwig, Alexander |
Published in: |
Economic Modelling. - Elsevier, ISSN 0264-9993. - Vol. 35.2013, C, p. 999-1007
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Publisher: |
Elsevier |
Saved in:
Online Resource
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