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This paper investigates whether or not the adoption of the Euro has facilitated the introduction of structural reforms …, defined as deregulation in the product markets and liberalization and deregulation in the labor markets. After reviewing the … theoretical arguments that may link the adoption of the Euro and structural reforms, we investigate the empirical evidence. We …
Persistent link: https://www.econbiz.de/10012758159
This paper investigates whether or not the adoption of the Euro has facilitated the introduction of structural reforms …, defined as deregulation in the product markets and liberalization and deregulation in the labor markets. After reviewing the … theoretical arguments that may link the adoption of the Euro and structural reforms, we investigate the empirical evidence. We …
Persistent link: https://www.econbiz.de/10014212825
Persistent link: https://www.econbiz.de/10003785786
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Substantial structural reforms have been taken on labour and product markets by stressed euro area countries since 2008 … structural reforms have reduced the heterogeneity between euro area countries in terms of market rigidities. Moreover, wage and … be detected that wage flexibility has already increased in southern euro area countries. …
Persistent link: https://www.econbiz.de/10010480300
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