We study the consequences of product and labor market reforms in a two-country model with
endogenous producer entry and labor market frictions. We focus on the role of business …

With inefficient bureaucratic institutions, the effects of laws are hard to assess and
incompetent politicians may pass laws to build a reputation as skillful reformers. Since too …

This study documents that the electoral cost of major pension reforms is lower in countries
where the level of financial literacy is higher. The evidence from data on legislative elections …

Does economic uncertainty promote the implementation of structural reforms? We answer
this question using one of the most exhaustive cross‐country panel data sets on reforms in …

Based on narrative identification, we construct a novel comprehensive dataset of pension
reform measures in OECD countries from 1970 to 2017. We then study the timing of these …

This paper addresses two main questions:(a) Has European integration hindered the
implementation of labour, financial and product market structural reforms?(b) Do the effects …

Using a new real-time dataset from Beetsma et al.(2020) containing all pension reform
measures in 23 OECD countries between 1970 and 2017, we demonstrate that, in contrast …

The paper provides an overall view of communications across various areas of economic
policy, aiming to help country authorities as they increasingly use communications as a …

This paper studies the impact of product and labor market reforms when the economy faces
major slack and a binding constraint on monetary policy easing---such as the zero lower …

Using a narrative approach we construct a unique dataset of pension reform measures for a
broad sample of OECD countries over the period since 1970 and explore the determinants …