How does the relationship between earnings and schooling change with the introduction of comprehensive economic reform? This paper sheds light on this question using a unique data set and procedure to reduce sample selection bias. Our evidence is from consistently coded, non-retrospective data...

"The objective of this book is to put forward a comprehensive, detailed, yet critical assessment of the state of the art in this burgeoning literature. The book will cover most recent work related to economic impacts of structural reforms on growth (recovery), unemployment, investment,...

"Why are socially beneficial reforms not implemented? One simple answer to this question (which has received little attention in the literature) is that this may be caused by generalized uncertainty about the effectiveness of reforms. If agents are unsure about whether a proposed reform will...