02051cas a2200349 a 4500 AALejournalIMF022444 230101c9999 xx r poo 0 0eng d 5.00 USD 9798400201295 1018-5941 BD-DhAAL BD-DhAAL Duval, Romain. Preferences for Reforms : Endowments vs. Beliefs / Romain Duval, Yi Ji, Chris Papageorgiou, Ippei Shibata. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (49 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Are preferences for reforms driven by individuals' own endowments or beliefs? To address this question, we conducted a cross-country survey on people's opinions on employment protection legislation-an area where reform has proven to be difficult and personal interests are at stake. We find that individuals' beliefs matter more than their own endowments and personal pay-offs. A randomized information treatment confirms that beliefs explain views about reform, but beliefs can change with new information. Our results are robust to several robustness tests, including to alternative estimation techniques and samples. Mode of access: Internet Analysis of Collective Decision-Making imf Labor Economics Policies imf Models of Political Processes imf Plant Closings imf Severance Pay imf Unemployment Insurance imf Ji, Yi. Papageorgiou, Chris. Shibata, Ippei. IMF Working Papers; Working Paper ; No. 2022/033 Full text available on IMF http://elibrary.imf.org/view/journals/001/2022/033/001.2022.issue-033-en.xml IMF e-Library