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来源类型Working Paper
规范类型报告
DOI10.3386/w14479
来源IDWorking Paper 14479
The Euro and Structural Reforms
Alberto Alesina; Silvia Ardagna; Vincenzo Galasso
发表日期2008-11-13
出版年2008
语种英语
摘要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 find that the adoption of the Euro has been associated with an acceleration of the pace of structural reforms in the product market. The adoption of the Euro does not seem to have accelerated labor market reforms in the "primary labor market;" however, the run up to the Euro adoption seems to have been accompanied by wage moderation. We also investigate issues concerning the sequencing of goods and labor market reforms.
主题Public Economics
URLhttps://www.nber.org/papers/w14479
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/572154
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GB/T 7714
Alberto Alesina,Silvia Ardagna,Vincenzo Galasso. The Euro and Structural Reforms. 2008.
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