Robust political economy correlates of major product and labor market reforms in advanced economies: Evidence from BAMLE for logit models
发达经济体重大产品与劳动力市场改革的稳健相关因素：Logit 模型的 BAMLE 证据
Summary The political economy literature has put forward a multitude of hypotheses regarding the drivers of structural reforms, but few, if any, empirically robust findings have emerged thus far. To make progress, we draw a parallel with model uncertainty in the growth literature and provide a new version of the Bayesian averaging of maximum likelihood estimates (BAMLE) technique tailored to binary logit models. Relying on a new database of major past labor and product…