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investment through wide-ranging structural reforms. Areas that require reforms include the regulation of product and labour … institutions are particularly relevant, would stimulate private investment, facilitating the creation of new firms and jobs, and …
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sunk in zombie firms is associated with lower investment and employment growth of the typical non-zombie firm and less … investment and multi-factor productivity growth …
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Economic policies shape how much people earn as well as how stable their income and jobs are. The level and stability of earnings both matter for well-being. Standard economic aggregates do not measure accurately the economic uncertainty which households are facing. This paper shows that...
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This paper takes stock of the main structural reforms that Greece has undertaken since 2010, those currently proposed and that are in the process of implementation, and quantifies the medium and long‑term effects on output. Special attention is given to three issues that are relevant to...
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