Adhikari, Bibek; Duval, Romain; Hu, Bingjie; Loungani, … - 2016
A number of advanced economies carried out a sequence of extensive reforms of their labor and product markets in the 1990s and early 2000s. Using the Synthetic Control Method (SCM), this paper implements six case studies of well-known waves of reforms, those of New Zealand, Australia, Denmark,...