Call For Papers: New Date and Extended Deadline: 3rd Joint IMF-OECD-World Bank Conference on Structural Reforms - UNDERSTANDING AND IMPROVING THE INCOME DISTRIBUTION EFFECTS OF MARKET REFORMS

Conference date

25 Sep 2020

Location

OECD Headquarters, Paris, France

Description


CALL FOR PAPERS - NEW DATE AND EXTENDED DEADLINE
UNDERSTANDING AND IMPROVING THE INCOME DISTRIBUTION EFFECTS OF MARKET REFORMS

3rd Joint IMF-OECD-World Bank Conference on Structural Reforms
Friday 25 September 2020 | OECD Headquarters, Paris, France.

The Coronavirus-related crisis is taking place in a context where many countries were facing rising inequalities and reduced social mobility, leading to a growing sense of unfairness and discontent that was already challenging globalisation and related economic policies.

In fact, following a long liberalization wave in the 1980s and 1990s, the pace of market reforms —drastic changes in labour, product and financial market regulations as well as barriers to trade and FDI — gradually slowed in most advanced and emerging market and developing economies. Outside of crisis periods such as the global financial and euro area crisis, there seems to be waning political appetite for market reforms.

Waning appetite for market reforms may, in part, reflect rising concerns regarding the income distribution effects of liberalizing trade, labor, product and financial markets. For example, there is growing indication that trade liberalization, while raising average incomes, might persistently increase inequality in wages and job opportunities between individual workers and regions. At the same time, available evidence on the distributive effects of various market reforms remains sparse.
Against this background, the conference will explore the impact of various market reforms on income distribution and the extent to which it can be improved through packaging reforms or supplementing them with other policies that enhance their distributive impact.

AIM OF THE CONFERENCE AND TOPICS COVERED
The aim of the conference is to bring together policymakers and practitioners, international institutions, and leading academics to shed light on these issues from both practical and research perspectives, and draw robust and novel policy implications. Some of the key questions the conference will cover include:
• To what extent do pro-growth policies in product, labour, housing and financial markets as well as international trade affect the distribution of income among workers and households? Do these reforms help reduce inequality, or do they instead entail trade-offs between efficiency and equity? What are the channels through which reforms affect income distribution? (employment, non-wage and wage incomes, wage inequality between versus within firms, regional disparities)
• How can policymakers improve the income distribution effects of market reforms? What is the scope for, and impact on income distribution of, packaging different types of reforms, or accompanying them with flanking measures (such as through the tax-benefit system)?
• Do—actual or perceived—income distribution issues affect the political economy of market reforms? What dimensions of inequality create the biggest obstacles to reform, and how can they be addressed?
The academic conference will also feature a policy panel and keynote speakers including Philippe Aghion.

ORGANIZING COMMITTEE
 Romain Duval (IMF): rduval@imf.org
 Alain de Serres (OECD): alain.deserres@oecd.org
 Marcello Estevao and William Maloney (World Bank): mestevao@worldbank.org and wmaloney@worldbank.org

The organising committee is soliciting papers on the areas outlined above. In addition to academic research quality, preference will be given to policy-relevant papers that focus squarely on the impact of (one or several) market reforms on income distribution.

SUBMISSIONS AND IMPORTANT DATES
Please submit papers to Marina Mendes Tavares (Mmendestavares@imf.org), Alain De Serres (alain.deserres@oecd.org) and Robert Utz (rutz1@worldbank.org), copied to Ariana Tayebi (atayebi@imf.org), Lucy Mukuka (lmukuka@worldbank.org), and Lillie Kee (Lillie.kee@oecd.org) by 27 March 2020. Extended abstracts will also be accepted but preference will be given to full drafts.

Only authors of accepted papers will be notified of the decision, which will be communicated by 30 April 2020.

Final drafts will be due by 5 June 2020.

Note that in the event that the Conference cannot be held physically, it will go ahead in a virtual form, spread over two days (24th and 25th September) to accommodate to the best extent time zone differences.

CONTACT
Please address any queries you may have to:
 Lillie Kee (Lillie.kee@oecd.org) (for administrative and logistic queries)
 Ariana Tayebi (atayebi@imf.org) and Lucy Mukuka (lmukuka@worldbank.org) (for other queries)