Serres, Alain de; Murtin, Fabrice - Economics Department, Organisation de Coopération et … - 2013
In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its long-run volatility. Using non-linear panel data models applied to 24 OECD countries between 1985 and 2007, as well as Monte-Carlo techniques, we do not find any evidence of...