Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/174935
Authors: 
Campos, Nauro F.
Grauwe, Paul De
Ji, Yuemei
Year of Publication: 
2017
Series/Report no.: 
CESifo Working Paper 6812
Abstract: 
This paper provides a critical overview of the state of the art in the economics literature on structural reforms. It takes stock of theoretical developments, measurement efforts and of the econometric evidence. We start with a simple theoretical framework for the relationship between structural reforms, economic growth and income inequality. We argue that whether structural reforms have a positive or negative impact depends on various factors. The type of reform, timing, sequence and political constraints play crucial roles in determining the effectiveness of reforms on economic growth and income inequality. We conclude by proposing a 7-point agenda for future research.
Subjects: 
structural reforms
growth
inequality
JEL: 
D60
Document Type: 
Working Paper

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