We test the significance of the relationship between the exchange rate regime and the degree of structural reforms by estimating panel regressions for a world and an OECD country sample. The empirical results suggest a positive correlation between on the one side the adoption of an exchange rate...

We test the significance of the relationship between the exchange rate regime and the degree of structural reforms by estimating panel regressions for a world and an OECD country sample. The empirical results suggest a positive correlation between on the one side the adoption of an exchange rate...

We test the significance of the relationship between the exchange rate regime and the degree of structural reforms by estimating panel regressions for a world and an OECD country sample. The empirical results suggest a positive correlation between on the one side the adoption of an exchange rate...

Main description: In der scientific community der Ökonomen wird seit längerem der schwindende Einfluss der Volkswirtschaftslehre auf die praktische Wirtschaftspolitik beklagt. Diese Klage ist nicht neu, aber es gibt Indizien, die zu bestätigen scheinen, dass die Kluft zwischen ökonomischer...