Karanassou, Marika; Sala, Hector; Snower, Dennis J. - 2004
growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment … the adjustment processes and economic growth. We divide the shocks into institutional variables, price variables, and …This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain …