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The Short-Term Effects of Structural Reforms: An Empirical Analysis
Bouis, Romain; Causa, Orsetta; Demmou, Lilas; Duval, Romain - Economics Department, Organisation de Coopération et … - 2012
effects vary with prevailing economic conditions and institutions. Impulse responses of aggregate outcomes (GDP growth … that some labour market reforms (e.g. of unemployment benefit systems and job protection) pay off more quickly in good …
Persistent link: https://www.econbiz.de/10011007419
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The short-term effects of structural reforms : an empirical analysis
Bouis, Romain; Causa, Orsetta; Demmou, Lilas; Duval, Romain - 2012
effects vary with prevailing economic conditions and institutions. Impulse responses of aggregate outcomes (GDP growth … that some labour market reforms (e.g. of unemployment benefit systems and job protection) pay off more quickly in good …
Persistent link: https://www.econbiz.de/10009690161
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How quickly does structural reform pay off? An empirical analysis of the short-term effects of unemployment benefit reform
Bouis, Romain; Causa, Orsetta; Demmou, Lilas; Duval, Romain - In: IZA Journal of Labor Policy 1 (2012), pp. 1-12
While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …
Persistent link: https://www.econbiz.de/10010331994
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How quickly does structural reform pay off? : an empirical analysis of the short-term effects of unemployment benefit reform
Bouis, Romain; Causa, Orsetta; Demmou, Lilas; Duval, Romain - In: IZA journal of labor policy 1 (2012), pp. 1-12
While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …
Persistent link: https://www.econbiz.de/10009728798
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Secular Stagnation: Evidence and Implications for Economic Policy
Rawdanowicz, Łukasz; Bouis, Romain; Inaba, Kei-Ichiro; … - Economics Department, Organisation de Coopération et … - 2014
This paper investigates whether OECD countries are facing secular stagnation. Secular stagnation is defined as a situation when policy interest rates bounded at zero fail to stimulate demand sufficiently, due to low or negative neutral real interest rates and low inflation, and when ensuing...
Persistent link: https://www.econbiz.de/10011276801
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Secular stagnation : evidence and implications for economic policy
Rawdanowicz, Łukasz; Bouis, Romain; Inaba, Kei-Ichiro; … - 2014
This paper investigates whether OECD countries are facing secular stagnation. Secular stagnation is defined as a situation when policy interest rates bounded at zero fail to stimulate demand sufficiently, due to low or negative neutral real interest rates and low inflation, and when ensuing...
Persistent link: https://www.econbiz.de/10010464897
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Implications of Output Gap Uncertainty in Times of Crisis
Bouis, Romain; Cournède, Boris; Christensen, Ane Kathrine - Economics Department, Organisation de Coopération et … - 2012
productivity gaps, except in the United States where it essentially resulted from a large increase in the unemployment gap. As … States, the large unemployment gap could also keep wage inflation under pressure despite a flattening Phillips curve. These …
Persistent link: https://www.econbiz.de/10011276902
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Implications of output gap uncertainty in times of crisis
Bouis, Romain; Cournède, Boris; Christensen, Ane Kathrine - 2012
productivity gaps, except in the United States where it essentially resulted from a large increase in the unemployment gap. As … States, the large unemployment gap could also keep wage inflation under pressure despite a flattening Phillips curve. These …
Persistent link: https://www.econbiz.de/10009690945
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How quickly does structural reform pay off? : an empirical analysis of the short-term effects of unemployment benefit reform
Bouis, Romain; Causa, Orsetta; Demmou, Lilas; Duval, Romain - In: IZA Journal of Labor Policy 1 (2012), pp. 1-12
While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …
Persistent link: https://www.econbiz.de/10010118882
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How quickly does structural reform pay off? An empirical analysis of the short-term effects of unemployment benefit reform
Bouis, Romain; Causa, Orsetta; Demmou, Lilas; Duval, Romain - In: IZA Journal of Labor Policy 1 (2012) 1, pp. 1-12
E02, E24, E60, J38, J58, J68 </AbstractSection> Copyright Bouis et al.; licensee Springer. 2012
Persistent link: https://www.econbiz.de/10010995435