Labour market liberalisation is both one of the most important structural reforms and one of the least well understood. This is partly due to a lack of data. This column introduces a new index of labour market regulations rigidity covering over 140 countries from 1950 onwards. Trade liberalisation and per capita income are shown to be more powerful explanations of the dynamics of labour market reform than ‘legal origins’.
Nauro Campos, Jeffrey Nugent, 28 January 2016
Rafael Doménech, Mónica Correa-López, 10 August 2014
Exporting goods requires services. This column discusses new evidence showing that the improvement in services regulations that took place over the 1990s and 2000s in Spain substantially increased the volume of exports of manufacturing firms, especially of large corporations.
Most Read
Vox eBooks
Vox Talks
Events
-
17 - 17 February 2020 / /
-
19 - 19 February 2020 / Milan, Italy / SUERF and UniCredit Foundation
-
13 - 13 March 2020 / London / UK Network for Environmental Economists
-
20 - 20 March 2020 / University of Paris Nanterre / EconomiX-CNRS and the Doctoral School EOS (Université Paris Ouest - Nanterre La Défense), CeReFiM (University of Namur), LFIN (Université Catholique de Louvain-Louvain School of Management) and LEO (Université d'Orléans)
-
25 - 26 March 2020 / London, United Kingdom / Bank of England, CEPR and Imperial College
