effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as … observed changes in policies, the paper finds that product market regulation has the largest overall single policy impact five … market regulation. The paper also shows that policy impacts can differ at different horizons. The overall long-term effects …

businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …. More competition-friendly regulations, as measured by the OECDs’ Product Market Regulation (PMR) indicator improve economic …

-factor productivity, capital deepening and employment) for an almost complete set of OECD countries, ii.) non-linear results on how …

group of structural policies, typically those where the transmission mechanism depends mainly on productivity and capital …

unemployment rate climbed to unprecedented levels and the growth rate of productivity decreased considerably. More recent times …

The average employment rate for the OECD countries was close to 63 percent in the period 2000-2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation … the dynamics well and they imply interpretable estimates of the normal employment rate level, conditional on the state of …

The average employment rate for the OECD countries was close to 63 percent in the period 2000- 2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation … the dynamics well and they imply interpretable estimates of the normal employment rate level, conditional on the state of …

effects, and positive employment effects although not robustly estimated in their magnitude are found. …

educated. In 2009, the Employment Contract Law relaxed employment protection legislation and sought to raise income protection …