Do structural policies affect macroeconomic stability?
"Using a panel of OECD countries, this study assesses the linkages between structural policies and macroeconomic stability. Business cycle and time-series characteristics of GDP and its components are employed to define various measures for economic instability and for the persistence of advers...
| Main Author: | |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Paris
2013
OECD |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19126032124919442149-Do-structural-policies-affect-.htm |
| _version_ | 1771659894491971585 |
|---|---|
| author | Ziemann, Volker |
| author_facet | Ziemann, Volker |
| collection | Library items |
| description | "Using a panel of OECD countries, this study assesses the linkages between structural policies and macroeconomic stability. Business cycle and time-series characteristics of GDP and its components are employed to define various measures for economic instability and for the persistence of adverse shocks. The results suggest that some growth-enhancing policies such as lowering employment protection also reduce macroeconomic fluctuations, while others may generate trade-offs between growth and stability. A pro-cyclical tax structure seems to help alleviating the persistence of adverse macroeconomic shocks." |
| format | TEXT |
| geographic | OECD countries |
| id | 19126032124919442149_34430a8af1724864bf5072cf8b7c4609 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19126032124919442149_34430a8af1724864bf5072cf8b7c4609 |
| is_hierarchy_title | Do structural policies affect macroeconomic stability? |
| language | English |
| physical | 32 p. Digital |
| publishDate | 2013 |
| publisher | Paris OECD |
| spellingShingle | Ziemann, Volker business cycle macroeconomics structural change Do structural policies affect macroeconomic stability? |
| title | Do structural policies affect macroeconomic stability? |
| topic | business cycle macroeconomics structural change |
| url | https://www.labourline.org/KENTIKA-19126032124919442149-Do-structural-policies-affect-.htm |