Structural Reforms and
European Integration

Theory, Measurement and Econometric Evidence



Upcoming Workshop

A Research Project by

About

Since the 2007 financial crisis, most EU countries have been unable to return to their pre-crisis growth path. From many European capitals, we hear incessantly that structural reforms are the key to economic growth. Although this view has led many countries in Europe into implementing reform programs, we still lack a clear understanding of structural reforms. The almost exclusive focus on product and labor market regulations (in detriment to other important reforms such as trade liberalization) has contributed to this dearth of analysis. This project aims to fill this gap by focusing on three research objectives:


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Create the Dataset

We construct a panel data set reflecting the extensive reform experience of the 28 EU members between 1990 and 2015.

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Study the Determinants

We use this data set to provide a study of the determinants of structural reforms. We will analyse the role of initial conditions, institutions and political development, and of economic growth on the dynamics of structural reforms.

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Investigate the Effect

We investigate how structural reforms may affect economic growth and income inequality. This will allow us to answer the question which individual reforms are most beneficial?

Upcoming Workshop

Friday, 11th of May 2018

London School of Economics
Portugal Street, Building: COW 1.11
The Canada Blanch Seminar Room
(first floor of the European Institute)

Download the workshop agenda as Word Document



Organisers:
Paul De Grauwe (European Institute, LSE)
Nauro Campos (Brunel University London)
Yuemei Ji (SSEES, UCL)


Welcome Dinner: Thursday May 10, 7pm, restaurant to be announced later


9.00-10.30 Session 1: Reforms and growth in Europe, Chair: Nauro Campos
(Format: 20min presentation followed by a 10min discussion for each paper)


10.30-11.00 Coffee break


11-13.00 Session 2: Crisis and reforms, Chair: Pasquale Foresti
(Format: 20min presentation followed by a 10min discussion for each paper)


1-2pm Lunch


2-3.30 Session 3: Reforms, austerity, and inequality, Chair: Yuemei Ji
(Format: 20min presentation followed by a 10min discussion for each paper)


3.30-4.00 Coffee break


4.00-5.30 Session 4: Reform experiences, Chair: Corrado Macchiarelli
(Format: 20min presentation followed by a 10min discussion for each paper)


5.30-6.30 Keynote address, Chair: Paul De Grauwe

  • Professor Wendy Carlin (UCL)



Farewell drinks Friday 7pm at The George



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Past Workshop

London School of Economics, 8th of May 2017

9am - 9.50am: Keynote speech: Prof. Eric Bartelsman (Vrije Universiteit Amsterdam)

10am - 12pm: Session 1: If reforms are good for growth, why don’t all countries implement them?


12pm - 1pm Lunch


1pm - 3pm: Session 2: On the relationships among very many different structural reforms


3.30pm - 5.30pm: Session 3: Are labor markets reforms indeed pivotal?


5.45pm - 6.30pm: Closing panel

  • Erik Berglof (Director of the Institute of Global Affairs, LSE)

  • Simeon Djankov (Executive Director, Financial Markets Group, LSE)

  • Francesco Caselli (Norman Sosnow Professor of Economics, LSE)




Projects

Coming soon

Data

Comming soon

People

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Paul De Grauwe
London School of Economics

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Professor Paul De Grauwe

John Paulson Chair in European Political Economy
European Institute, London School of Economics

Prior to joining LSE, Paul De Grauwe was Professor of International Economics at the University of Leuven, Belgium. He was a member of the Belgian parliament from 1991 to 2003. He is honorary doctor of the University of Sankt Gallen (Switzerland), of the University of Turku (Finland), the University of Genoa, the University of Valencia and Maastricht University.



He obtained his PhD from the Johns Hopkins University in 1974.
 He was a visiting professor at various universities- the University of Paris, the University of Michigan, the University of Pennsylvania, Humboldt University Berlin, the Université Libre de Bruxelles, the Université Catholique de Louvain, the University of Amsterdam, the University of Milan, Tilburg University, the University of Kiel. He was also a visiting scholar at the IMF, the Board of Governors of the Federal Reserve, the Bank of Japan and the European Central Bank.

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Yuemei Ji
University College London

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Dr Yuemei Ji

Lecturer in Economics
School of Slavonic & East European Studies, University College London

Yuemei Ji's interests cover three aspects. 1. International macroeconomics in general and the European monetary union during post-crisis period in particular. 2. Behavioural macroeconomics. 3. The Chinese economy, especial its financial development and the government and private debt problems.

Yuemei Ji did her undergraduate studies in Economics at Fudan University Shanghai and obtained her PhD in economics from the University of Leuven in 2011. She gives lectures on Intermediate Macroeconomics and International Macroeconomics. Prior to joining UCL, she was a post-doc researcher at the University of Leuven and then was a lecturer at Brunel University. She has been a visiting fellow at various institutions such as the European Institute at LSE and the Centre for European Policy Studies (CEPS) in Brussels.

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Nauro Campos
Brunel University

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Professor Nauro Campos

Professor of Economics and Finance
Brunel University

Nauro Campos is Professor of Economics and Finance at Brunel University London, a post he has held since 2005. He is also a Research Fellow at IZA-Bonn and a Research Professor at ETH-Zürich. His main fields of interest are political economy and European integration. He has taught at the Universities of Bonn, Brunel, CERGE-EI (Prague), Newcastle, Paris 1 Sorbonne and Warwick. He was a Fulbright Fellow at Johns Hopkins University (Baltimore), a Robert McNamara Fellow at The World Bank, and a CBS Fellow at Oxford University. He is a member of the Scientific Advisory Board of the (Central) Bank of Finland and was a visiting scholar (usually more than once) at the IMF, World Bank, European Commission, University of Michigan, ETH, USC, Bonn, UCL and Stockholm. From 2009 to 2014, he was seconded as Senior Economic Advisor/SRF to the Chief Economist of the Department for International Development (during the reigns of both Winters and Dercon.).

He received his Ph.D. from the University of Southern California (Los Angeles) in 1997, where he was lucky enough to learn about institutions from Jeff Nugent and Jim Robinson and (more than) happy to be Dick Easterlin’s RA for three years.

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Orkun Saka
London School of Economics

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Dr Orkun Saka

Postdoctoral Research Fellow
European Institute, London School of Economics

Orkun completed his PhD in Finance at Cass Business School, City, University of London. During his PhD studies, he also worked as a research consultant at the European Bank for Reconstruction and Development and was a visiting researcher at the Central Bank of the Republic of Turkey.

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Angelo Martelli
London School of Economics

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Dr Angelo Martelli

Postdoctoral Research Fellow
European Institute of the London School of Economics and Political Science

Postdoctoral Research Fellow at the European Institute of the London School of Economics and Political Science. He is currently a Consultant for the Jobs Group of the World Bank and a Policy Fellow for the Open Innovation Team of the UK Cabinet Office and HM Treasury. His research interests span labour economics and European political economy. He is affiliated with the LSE Institute of Global Affairs where he co-leads their migration initiative and was an integral part in the launch of the Alliance of Leading Universities on Migration (ALUM). Before arriving at the LSE for his PhD he graduated from Pompeu Fabra University with a MSc and Master of Advanced Studies in Economics. Former President of the LSE Italian Society. He has published Op-Eds for several international newspapers including WSJ and El Pais.

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Nicholas Andreoulis
London School of Economics

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Nicholas Andreoulis

Research Assistant in Economics
European Institute, London School of Economics

Nicholas has studied Economics at University College London during his masters. He has been especially interested in Macroeconomics, with a particular focus on the Economics of Fiscal Policy and unconventional monetary policy. Prior to his master program, he was a student of Economics at University of Edinburgh.

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Michael Ganslmeier
University College London

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Michael Ganslmeier

Research Assistant in Economics
School of Slavonic & East European Studies, University College London

Michael has studied International Political Economy at the London School of Economics during his masters, in which he especially focused on international economics and institutional design. Prior to his postgraduate studies, he was a student of Economics at Zeppelin Universität and Columbia University.

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