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the employment performances of those countries. Moreoever, these institutions act asymmetrically along the business cycle …
Persistent link: https://www.econbiz.de/10010605131
impact of labour market institutions from 1960 to 1994. The main contribution of the paper is to show that labour market …. These results are consistent with the findings of a companion paper (Nickell et al., 2001) where the effects of institutions … on unemployment are examined. The model controls for macroeconomic shocks, and include the possibility of interactions …
Persistent link: https://www.econbiz.de/10010604969
This paper studies the dynamics of labour demand and the determinants of employment rates across the OECD. We find: (i) labour demand adjusts less rapidly when employment protection is more strict and union density is higher; (ii) there is no evidence that overall job turnover is influenced by...
Persistent link: https://www.econbiz.de/10004967711
unemployment. Finally, broad movements in unemployment across the OECD can be explained by shifts in labour market institutions …This paper is an empirical analysis of unemployment patterns in the OECD countries from the 1960s to the 1990s, looking … at the Beveridge Curves, real wages as well as unemployment directly. Our results indicate the following. First, the …
Persistent link: https://www.econbiz.de/10005017024