The shallow growth response to Eurozone rebalancing policies could point towards structural impediments. To uncover such impediments and design effective structural reforms, it is necessary to focus on the path from micro behaviour to macro outcomes. This column argues that firm-level data from the CompNet database can shed light on the impacts of structural reforms.
Eric Bartelsman, Filippo di Mauro, Ettore Dorrucci, 17 March 2015
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