Petrongolo, Barbara; Pissarides, Christopher - London School of Economics (LSE) - 2008
rise in unemployment in Europe, reaching 24% in the mid 1990s, but policy reforms and fast growth since then brought it …In this paper we study the contribution of inflows and outflows to the dynamics of unemployment in three European …. France is still a regulated economy compared with Britain, with unemployment averaging about 8%. Spain has had the biggest …