, financial reforms that ended decades of financial repression, and a massive privatization program. We investigate the role … played by ideas, interests and institutions. More specifically, we examine the role played by the 'reform team' investigate …

This paper deals with the reform to labor market regulation implemented by Chile during the last twenty years. We … concentrate on the reform to job security, on the decentralization of the wage bargaining process, and on the reduction in payroll …' to U.S' levels. We argue that the reduction of payroll taxes (within the context of the social security reform), and the …

sequencing of reform. I also investigate the role played by current account and fiscal imbalances, contagion, international …

success of trade liberalization is assessed. Important questions related to the sequencing of economic reform are discussed in … detail, with particular emphasis on the proper sequencing of stabilization and trade reform policies. The extent of trade … reform in Latin America is also discussed. The analysis concentrates on the evolution of productivity and exports, and it …

We analyze the way in which social security privatization reform affects labor market outcomes. We develop a model of … side by side. According to our model, a social security reform that reduces the implicit tax on labor in the formal sector …

heavily on seignorage. This result is obtained within the context of a political model of tax reform. The model implies that …