This paper discusses theoretical aspects and evidences related to designing labor market institutions in emerging market and developing economies. This note rev
This paper explores the short-term employment effect of deregulating job protection for regular workers and how it varies with prevailing business cycle conditi
Cross-country differences in economic resilience—in an economy’s ability to withstand and adjust to shocks—remain significant in the euro area. In part, t
The paper investigates the economic effects of major product market reforms in some of the historically most protected non-manufacturing industries. It relies o
The recovery in GDP growth since the global financial crisis has been halting and weak. Concern is widespread that countercyclical policies have run out of spac
