We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization … economic reform, economic growth and, with a delay, on investment and institutional change. Episode of high inflation, moreover …, translate into lower subsequent inflation. Crises thus appear to serve as catalysts of reform and institutional change and lead …

Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be … driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of …

pandemic wave) was associated with declines in consumption (-1.9%), investment (-1.2%), output (-2.4%), and productivity (-1 …

productivity-enhancing effect. The reform of fixed-term contracts instead did not produce the intended results: it induced a … variation in their implementation across regions and sectors for identification. We find that the reform of apprenticeship … substitution of temporary employees in favour of permanent ones and reduced capital intensity, generating productivity losses. We …

productivity shifts arising from migration-induced knowledge diffusion and increased workforce diversity. While we find evidence …

This paper makes use of a reform that allowed firms to use patents as stand-alone collateral, to estimate the magnitude … of collateral constraints and to quantify the aggregate impact of these constraints on misallocation and productivity …. Using matched firm-bank data for Norway, we find that bank borrowing increased for firms affected by the reform relative to …

’s foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based …

this paper, we investigate whether higher productivity causally leads to lower tax evasion. We first present stylized facts … emerging and developing economies. Our results suggests that productivity improvements by firms can lead to lower tax evasion …