Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - In: Quantitative economics : QE ; journal of the … 13 (2022) 2, pp. 467-504
Does economic uncertainty promote the implementation of structural reforms? We answer this question using one of the … most exhaustive cross‐country panel data sets on reforms in six major areas and measuring economic uncertainty with stock … stock market volatility has a positive and significant effect on the adoption of reforms. This result is robust to the …