Does economic uncertainty promote the implementation of structural reforms? We answer this question using one of the … most exhaustive cross-country panel data sets on reforms in six major areas and measuring economic uncertainty with stock … stock market volatility has a positive and significant effect on the adoption of reforms. This result is robust to the …

Does economic uncertainty promote the implementation of structural reforms? We answer this question using one of the … most exhaustive cross-country panel data set on reforms in six major areas and measuring economic uncertainty with stock … find that uncertainty has a positive and significant effect on the adoption of reforms. This result is robust to the …

Does economic uncertainty promote the implementation of structural reforms? We answer this question using one of the … most exhaustive cross-country panel data set on reforms in six major areas and measuring economic uncertainty with stock … find that uncertainty has a positive and significant effect on the adoption of reforms. This result is robust to the …

adopting costly reforms with future benefits and reconciles it with the evidence that reformist governments are not punished by … voters. To do so, it proposes a model of elections where political ability is ex-ante unknown and investment in reforms is …, politicians make too little reforms in an attempt to signal high ability and increase their reappointment probability. Although in …

adopting costly reforms with future benets and reconciles it with the evidence that reformist governments are not punished by … voters. To do so, it proposes a model of elections where political ability is ex-ante unknown and investment in reforms is …, politicians make too little reforms in an attempt to signal high ability and increase their reappointment probability. Although in …

adopting costly reforms with future benefits and reconciles it with the evidence that reformist governments are not punished by … voters. To do so, it proposes a model of elections where political ability is ex-ante unknown and investment in reforms is …, politicians make too little reforms in an attempt to signal high ability and increase their reappointment probability. Although in …

Does economic uncertainty promote the implementation of structural reforms? We answer this question using one of the … most exhaustive cross‐country panel data sets on reforms in six major areas and measuring economic uncertainty with stock … stock market volatility has a positive and significant effect on the adoption of reforms. This result is robust to the …

adopting costly reforms with future benefits and reconciles it with the evidence that reformist governments are not punished by … voters. To do so, it proposes a model of elections where political ability is ex-ante unknown and investment in reforms is …, politicians make too little reforms in an attempt to signal high ability and increase their reappointment probability. Although in …

adopting costly reforms with future benefits and reconciles it with the evidence that reformist governments are not punished by … voters. To do so, it proposes a model of elections where political ability is ex-ante unknown and investment in reforms is …, politicians make too little reforms in an attempt to signal high ability and increase their reappointment probability. Although in …