How Long to Read When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies

How Long Does it Take to Read When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies?

It takes the average reader and 28 minutes to read When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies by MissAnna Rose Bordon

Assuming a reading speed of 250 words per minute. Learn more

Description

Structural reforms are expected to lift growth and employment, but their effects are surprisingly difficult to pin down empirically. One reason is their potential endogeneity to the economic environment in which they are conducted. For example, the impact of a reform implemented shortly before a cyclical upswing is difficult to distinguish from the recovery itself. Similarly, macroeconomic policies conducted along a structural reform could affect the estimated impact. Exploring various options, this paper develops robust estimates of the impact of labor and product market reforms by using local projection techniques while controlling for endogeneity of reforms and other biases. The results suggest that labor and product market reforms have a lagged but positive impact on employment creation, and the positive effect remains even after controlling for the endogeneity of the decision to reform. Supportive macroeconomic policies are found to increase the effect of labor and product market reforms, consistent with the view that some structural reforms are best initiated in conjunction with supportive fiscal or monetary policy.

How long is When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies?

When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies by MissAnna Rose Bordon is 28 pages long, and a total of 7,224 words.

This makes it 9% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies aloud.

What Reading Level is When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies?

When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies?

When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies by MissAnna Rose Bordon is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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