The increasing literature on the interactions between liberalisation-integration of product markets and labour market reforms is often highly speculative and draws on a rather weak empirical basis.Cross-country indicators of regulatory frameworks are often lacking, making it difficult to...

This paper discusses growth performance in the OECD countries over the past two decades. Special attention is given to developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for changes in the composition and quality of physical...

Nicoletti and Scarpetta look at differences in the scope and depth of pro-competitive regulatory reforms and privatization policies as a possible source of cross-country dispersion in growth outcomes. They suggest that, despite extensive liberalization and privatization in the OECD area, the...

This paper examines the main determinants of the decision to retire from the labor market in OECD countries, and in particular the role of social security systems in driving down the labor-force participation rate of older people in recent decades. It demonstrates that old-age pension systems in...