This paper focuses on three unresolved issues with regard to the impact of trade reform. First, many studies linking … trade reform to long run growth are surprisingly fragile. To illustrate the problems with this literature, we examine a … reform on employment in developing countries. Finally, we analyze evidence on the relationship between trade reform and …

Economists recommend to partly redistribute gains to losers from a structural reform, which in many cases may be … required for making the reform politically viable. However, taxation is distortionary. Then, it is unclear that compensatory … transfers can support a Pareto-improving reform. This paper provides sufficient conditions for this to occur, despite tax …

explanations for why that is the case; many individuals will simply not know how they will fare under trade reform, and this can … reduce support for a reform which would have been otherwise popular, even in the absence of risk aversion. We show that …

This paper examines the consequences of the 2015 reform on the London fixing in the interbank forex market, which … behavior after the reform, and the volume spike in the fixing window disappeared. However, the anomalies on price dynamics … to examine the efficiency of banks' behavior after the reform. The volume pattern during the fixing time window suggests …

diminishing conflicts and mistrust. The numerous reform proposals should be assessed under two key criteria: (1) reducing mistrust …

In 2001 and 2002, Sweden introduced several unemployment insurance reforms. A major innovation in the first reform was … compensation during the first 20 weeks of unemployment. The 2002 reform retained the two-tiered benefit structure but involved also …

history of national reform processes. In addition the paper seeks to determine whether two-tier reforms later led to EPL …