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 …

This paper provides a quantitative evaluation of the macroeconomic, distributional, and fiscal effects of three reform … deregulation reform are relatively small due to the small size of the professional services in Germany.Policy reforms i) and ii …

Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster … macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises … interdependencies between the two types of crises, feedbacks between the two types of reform, the use of alternative measures of …

, especially in societies with highly skewed distribution of ownership. We however argue that the success of CG reform would, in …

structure and evolution of gender differentials in China by simultaneously estimating demand-side wage and productivity outcomes …