The short-term effects of structural reforms: an empirical analysis

This paper sheds light on the impact of reforms over time, identifies the horizon over which their full effects materialise, and investigates whether such effects vary with prevailing economic conditions and institutions.

Short-term gain or pain? A DSGE model-based analysis of the short-term effects of structural reforms in labour and product markets

This paper explores the short-term effects of labour and product market reforms through a dynamic general equilibrium model that features endogenous producer entry, equilibrium unemployment and costly job creation and destruction.

Work incentives and recent reforms of the tax and benefit system in Hungary

Reducing the extent of inactivity and promoting labour supply is essential to foster labour market outcomes in Hungary in the medium term.

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The impact of changes in second pension pillars on public finances in Central and Eastern Europe

This paper studies the impact of recent changes in second pension pillars of three Central and Eastern European Countries on the deficit and implicit debt of their full pension systems.

Reforming education in England

Despite significant increases in spending on child care and education during the last decade, PISA scores suggest that educational performance remains static, uneven and strongly related to parents’ income and background.

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• Economic survey of the United Kingdom 2011

Less income inequality and more growth – are they compatible? Part 2. The distribution of labour income

This paper explores the role of macroeconomic factors and structural policies in shaping the distribution of labour income.

Less income inequality and more growth – are they compatible? Part 4. Top incomes

Over the past decades, top incomes have soared, especially in the English-speaking countries. Despite a considerable amount of research on top income developments, there is still substantial disagreement about the causes for their rapid increase.

Less income inequality and more growth – are they compatible? Part 7. The drivers of labour earnings inequality – An analysis based on conditional and unconditional quantile regressions

Unconditional and conditional quantile regressions are used to explore the determinants of labour earnings at different parts of the distribution and, hence, the determinants of overall labour earnings inequality.

Employment Protection Legislation and Plant-Level Productivity in India

Using plant-level data from the Annual Survey of Industries for the fiscal years 1998-99 through 2007-08, this study provides plant-level cross-state/time-series evidence of the impact of employment protection legislation on total factor productivity¨and labour productivity in India.

Improving educational outcomes in Slovenia

Overall, the education system fares well by international comparison. Slovenia has one of the highest shares of the population aged 25 to 64 to have completed at least upper secondary education, and ranks high in international educational achievement tests.

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• Economic Survey of Slovenia 2011