Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
We build a simple model of reforms and reform backlashes into an overlapping generations model which is extended to the multi-country situation typical for Europe. As a particular feature of our model, we add the distinction between exogenous labor supply components – representing the key results of labor market and pension reform – and endogenous labor supply components – representing household reactions to those reforms and possible reform backlash.