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Evaluating the Impact of Labour Market Reforms in Greece during 2010-2018

Project Coordinator and Principal Researcher: Professor Nikolaos Vettas

Duration: September 2019 - August 2020

Overview

In the context of three consecutive bail out programs, the Greek state legislated and implemented various reforms aiming to restore its fiscal sustainability and external competitiveness. In this context, the most significant and radical structural reforms took place in the labour market. If it is true that much of the adjustment took places through fiscal measures rather than structural ones and that, within the set of structural reforms, labour market reforms where the most pronounced, it is important to understand in depth important dimensions of these reforms. The project aims to:

i) evaluate the impact of Greek labour market reforms on microeconomic incentives of individuals in relation to entering the formal labour market and

ii) estimate the impact of labour market reforms on selected macroeconomic and social indicators


Project Outputs

Briefing Report and Research Paper

- The Briefing Report is available here.

- Read the Research Paper of the project, which was published as part of the GreeSE working paper series, GreeSE Paper No.156.


Events

- The preliminary findings of the Research Project were presented at an online Research Seminaron Tuesday 13 October 2020.
Read more about the event here.
Watch the video.

- The Foundation for Economic & Industrial Research (ΙΟΒΕ) organised an event on Monday 22 February, 15:00-16:30 (GR time) to present the findings of the Project in Greece.


 Blog Articles

- Read the blog post Evaluating the Impact of Labour Market Reforms in Greece during 2010-2018


Research Team

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Project Coordinator and Principal Researcher: Nikos Vettas, Director General, Foundation for Economic and Industrial Research (IOBE); Professor, Athens University of Economics and Business

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Researcher 1: Dr Georgios Gatopoulos, Head of International Macroeconomics and Finance Unit, Foundation for Economic and Industrial Research (IOBE); Instructor, The American College of Greece

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Researcher 2: Dr Alexandros Louka, Research Associate, Foundation for Industrial and Economic Research (IOBE); Research Associate, Athens University of Economics and Business

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Researcher 3: Dr Ioannis Polycarpou, Research and Teaching Associate, Athens University of Economics and Business