The Costs of Flexibility-Enhancing Structural Reforms: A Literature Review
This survey highlights the key results of the empirical literature concerning the costs of flexibility enhancing reforms in product and labour markets. The documented costs include reduced employment, loss of government revenue, undesirable distributional consequences and political instability. The...
Gespeichert in:
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2015
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| Schriftenreihe: | OECD Economics Department Working Papers
no.1264 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This survey highlights the key results of the empirical literature concerning the costs of flexibility enhancing reforms in product and labour markets. The documented costs include reduced employment, loss of government revenue, undesirable distributional consequences and political instability. The literature suggests that: i) once implemented, product and labour market reforms affect prices and quantities quite rapidly; ii) there are no major differences between the overall effects in the short and long run; iii) the costs of reforms are very much related to interactions with other policies and institutions; and iv) the costs of reforms change over the business cycle. |
| Beschreibung: | 1 Online-Ressource (74 p.) 21 x 29.7cm. |
| DOI: | 10.1787/5jrs558c5r5f-en |
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| spelling | Boeri, Tito VerfasserIn aut The Costs of Flexibility-Enhancing Structural Reforms A Literature Review Tito, Boeri, Pierre, Cahuc and André, Zylberberg = Les Coûts des Réformes de Flexibilité : Revue de Littérature / Tito, Boeri, Pierre, Cahuc et André, Zylberberg Les Coûts des Réformes de Flexibilité Paris OECD Publishing 2015 1 Online-Ressource (74 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1264 This survey highlights the key results of the empirical literature concerning the costs of flexibility enhancing reforms in product and labour markets. The documented costs include reduced employment, loss of government revenue, undesirable distributional consequences and political instability. The literature suggests that: i) once implemented, product and labour market reforms affect prices and quantities quite rapidly; ii) there are no major differences between the overall effects in the short and long run; iii) the costs of reforms are very much related to interactions with other policies and institutions; and iv) the costs of reforms change over the business cycle. Economics Cahuc, Pierre MitwirkendeR ctb Zylberberg, André. MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5jrs558c5r5f-en Volltext |
| spellingShingle | Boeri, Tito The Costs of Flexibility-Enhancing Structural Reforms A Literature Review Economics |
| title | The Costs of Flexibility-Enhancing Structural Reforms A Literature Review |
| title_alt | Les Coûts des Réformes de Flexibilité |
| title_auth | The Costs of Flexibility-Enhancing Structural Reforms A Literature Review |
| title_exact_search | The Costs of Flexibility-Enhancing Structural Reforms A Literature Review |
| title_full | The Costs of Flexibility-Enhancing Structural Reforms A Literature Review Tito, Boeri, Pierre, Cahuc and André, Zylberberg = Les Coûts des Réformes de Flexibilité : Revue de Littérature / Tito, Boeri, Pierre, Cahuc et André, Zylberberg |
| title_fullStr | The Costs of Flexibility-Enhancing Structural Reforms A Literature Review Tito, Boeri, Pierre, Cahuc and André, Zylberberg = Les Coûts des Réformes de Flexibilité : Revue de Littérature / Tito, Boeri, Pierre, Cahuc et André, Zylberberg |
| title_full_unstemmed | The Costs of Flexibility-Enhancing Structural Reforms A Literature Review Tito, Boeri, Pierre, Cahuc and André, Zylberberg = Les Coûts des Réformes de Flexibilité : Revue de Littérature / Tito, Boeri, Pierre, Cahuc et André, Zylberberg |
| title_short | The Costs of Flexibility-Enhancing Structural Reforms |
| title_sort | costs of flexibility enhancing structural reforms a literature review |
| title_sub | A Literature Review |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/5jrs558c5r5f-en |
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