N'Semi, Noé; Gaimon, Aurélien; Theulière, Maël; … - Department of Economics, Sciences économiques - 2008
1970s, all these countries had low unemployment rates in spite of quite different labour market institutions. Using cross … to explain the differences in the OECD unemployment rate as the result of interaction between shocks and labour market … institutions. Modelling this interaction is viewed as a promising way for understanding the puzzle of unemployment disparities …