TY - BOOK ID - 85601902 TI - On the Impact of Structural Reforms on Output and Employment : Evidence from a Cross-country Firm-level Analysis AU - Antoun de Almeida, Luiza. AU - Balasundharam, Vybhavi. PY - 2018 SN - 1484351800 1484351770 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Finance: General KW - Labor KW - Macroeconomics KW - Production and Operations Management KW - Economics of Regulation KW - Microeconomic Policy: Formulation KW - Implementation KW - Evaluation KW - Firm Behavior: Empirical Analysis KW - Institutions and the Macroeconomy KW - General Financial Markets: General (includes Measurement and Data) KW - Labor Economics Policies KW - Macroeconomics: Production KW - Employment KW - Unemployment KW - Wages KW - Intergenerational Income Distribution KW - Aggregate Human Capital KW - Aggregate Labor Productivity KW - Labour KW - income economics KW - Finance KW - Structural reforms KW - Commodity markets KW - Labor market reforms KW - Production growth KW - Macrostructural analysis KW - Financial markets KW - Production KW - Productivity KW - Commodity exchanges KW - Manpower policy KW - Economic theory KW - Industrial productivity KW - Bosnia and Herzegovina KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:85601902 AB - This paper analyzes the effects of selected structural reforms on output and employment in the short and medium term. It uses a comprehensive cross-country firm-level dataset covering both advanced and emerging market economies over the period 2003-2014. In line with previous studies, it finds that structural reforms have in general a positive impact on output and employment in the medium term. Furthermore, the paper also assesses whether the impact of structural reforms varies with firm-specific characteristics, such as size, leverage, profitability, and sector. We find evidence that firm characteristics do influence the effectiveness of structural reforms. These findings have relevant policy implications as they help policymakers tailor the design of structural reforms to maximize their payoffs, taking into account their heterogeneous impact on firms. ER -