An recent story in the Financial Times newspaper highlights the relevance of research by BC professor Fabio Schiantarelli, coauthored with BC Ph.D. ('2000) Prof. Silvia Ardagna of Wellesley College, Alberto Alesina of Harvard and Guiseppe Nicoletti of the OECD. The Feb. 22 story, "Wolfgang Munchau: Focusing on reform" considers the widely-discussed poor performance of the major Eurozone economies in terms of lagging economic growth and high unemployment. Munchau focuses on the adverse effects of government regulation on economic performance, citing Alesina et al.'s findings in "Regulation and Investment", NBER Working Paper 9560, as indicative of the hindrances caused by slow deregulation in a number of European industrial sectors. The Boston College Economics Working Paper version of the study may be freely accessed.
23 Feb 2004