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180827 ||| eng |
020 |
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|a 9781484350393
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100 |
1 |
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|a Antoun de Almeida, Luiza
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245 |
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0 |
|a On the Impact of Structural Reforms on Output and Employment
|b Evidence from a Cross-country Firm-level Analysis
|c Luiza Antoun de Almeida, Vybhavi Balasundharam
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2018
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300 |
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|a 35 pages
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651 |
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4 |
|a Bosnia and Herzegovina
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653 |
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|a Macrostructural analysis
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653 |
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|a Wages
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653 |
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|a Firm Behavior: Empirical Analysis
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653 |
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|a Income economics
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653 |
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|a Labor
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653 |
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|a Financial markets
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653 |
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|a Structural reforms
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653 |
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|a Production and Operations Management
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653 |
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|a Manpower policy
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653 |
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|a Production
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653 |
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|a Economic theory
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653 |
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|a Institutions and the Macroeconomy
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653 |
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|a Aggregate Labor Productivity
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653 |
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|a Macroeconomics: Production
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653 |
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|a Implementation
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653 |
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|a Finance: General
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653 |
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|a Commodity markets
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653 |
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|a Employment
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653 |
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|a Commodity exchanges
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653 |
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|a General Financial Markets: General (includes Measurement and Data)
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653 |
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|a Labor market reforms
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653 |
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|a Industrial productivity
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653 |
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|a Unemployment
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653 |
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|a Intergenerational Income Distribution
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653 |
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|a Aggregate Human Capital
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653 |
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|a Microeconomic Policy: Formulation
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653 |
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|a Finance
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653 |
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|a Labor Economics Policies
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653 |
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|a Productivity
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653 |
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|a Production growth
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653 |
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|a Economics of Regulation
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653 |
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|a Evaluation
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653 |
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|a Labour
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653 |
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|a Macroeconomics
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700 |
1 |
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|a Balasundharam, Vybhavi
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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|a IMF Working Papers
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028 |
5 |
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|a 10.5089/9781484350393.001
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856 |
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|u https://elibrary.imf.org/view/journals/001/2018/073/001.2018.issue-073-en.xml?cid=45786-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a This paper analyzes the effects of selected structural reforms on output and employment in the short and medium term. It uses a comprehensive cross-country firm-level dataset covering both advanced and emerging market economies over the period 2003-2014. In line with previous studies, it finds that structural reforms have in general a positive impact on output and employment in the medium term. Furthermore, the paper also assesses whether the impact of structural reforms varies with firm-specific characteristics, such as size, leverage, profitability, and sector. We find evidence that firm characteristics do influence the effectiveness of structural reforms. These findings have relevant policy implications as they help policymakers tailor the design of structural reforms to maximize their payoffs, taking into account their heterogeneous impact on firms
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