businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates … non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes …

effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as … observed changes in policies, the paper finds that product market regulation has the largest overall single policy impact five … market regulation. The paper also shows that policy impacts can differ at different horizons. The overall long-term effects …

-factor productivity, capital deepening and employment) for an almost complete set of OECD countries, ii.) non-linear results on how … whether policy effects vary across countries depending on the level of economic development and whether institutions have an … influence on economic outcomes. The paper lists of policies and institutions that could be used to quantify the effect of …

group of structural policies, typically those where the transmission mechanism depends mainly on productivity and capital …

-factor productivity, capital deepening and employment) for an almost complete set of OECD countries, ii.) non-linear results on how … whether policy effects vary across countries depending on the level of economic development and whether institutions have an … influence on economic outcomes. The paper lists of policies and institutions that could be used to quantify the effect of …

productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …

group of structural policies, typically those where the transmission mechanism depends mainly on productivity and capital …

-13 on firm-level productivity in France, Italy and Spain. We show that relying on a single break date in 2008 misses both …-level productivity negatively, high-leverage firms suffer more from financial constraints only in Italy, when they are relatively small …-level characteristics of financial institutions and time varying financing constraints of the firms, instead of pooling data and adopting a …

, resulted in lower investment, employment, and bank debt for younger and smaller firms. Importantly, these effects dominate … those of banks’ balance-sheet variables. We also show that higher CDS spreads led to lower aggregate investment, employment …

We investigate the potential for statistical forecasting of aggregate oil and gas investment on the Norwegian … random walk benchmark in an out-of-sample environment. Second, lags of investment growth, crude oil price growth and realized … volatility is found to be adequate predictors for the investment growth. Finally, there is a clear benefit from re-estimating the …