While the negative effects of the 2008 global financial crisis on labour productivity are still fresh in people's minds, the COVID-19 pandemic raises concerns that productivity will continue to decline. To boost labour productivity and regain economic performance, there is an empirical consensus...

Which structural reforms affect labour productivity growth in developing countries? This paper answers this question by combining the local projections method and the inverse probability weighted regression adjustment (LP-IPWRA) method. We find that financial reforms, trade reforms, and product...

The way that skills contribute to productivity improvements in firms is still something of a "black box". There is general agreement that human capital (broadly defined) is important for growth. Less is known about the ways in which skills and knowledge contribute to a firm's pursuit of...

Der Aufsatz untersucht den Einfluss von immateriellem Kapital (Forschung und Entwicklung, Software, Patente) auf die Produktivität am Beispiel des Verarbeitenden Gewerbes in Deutschland. Hierzu werden Einzeldaten der Unternehmensstrukturstatistik verknüpft. Im ersten Schritt wird die...

Die Produktivität einer Volkswirtschaft ist ein Kennzeichen ihrer Wettbewerbsfähigkeit und zugleich ein entscheidender Faktor für den künftigen materiellen Wohlstand. Dabei steht meist die Arbeitsproduktivität im Fokus. Dieser Artikel beleuchtet ein alternatives Produktivitätsmaß, die...

This study represents a new way of looking at health, by investigating the effect of aggregate cancer incidence rates on labour productivity, using a macroeconomic methodology. The health of the labour force is a key determinant of labour productivity, with poor health comes both physical and...

Most people accept that structural and labour market reforms are needed in Europe. However few have been undertaken. The usual conjecture is that reforms are costly in economic performance and costly to finance. Blanchard and Giavazzi (2003) and Spector (2004) develop a general equilibrium model...

Most people accept that structural and labour market reforms are needed in Europe. However few have been undertaken. The usual conjecture is that reforms are costly in economic performance and costly to finance. Blanchard and Giavazzi (2003) and Spector (2004) develop a general equilibrium model...

This paper examines the contemporaneous relationship between the exchange rate re-gime and structural economic reforms for a sample of CEEC/CIS transition countries. We investigate empirically whether structural reforms are complements or substitutes for monetary commitment in the attempt to...

This paper explores the characteristics of the political economy process that conditioned the scope and success of the combination of fiscal reforms before and after Colombia's 1991 constitutional reforms. Using formal analysis of reforms and interviews with actors, reforms in taxation,...