the employment performances of those countries. Moreoever, these institutions act asymmetrically along the business cycle …

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 …

This paper examines the factors contributing to the rise in unemployment in Australia during the depression of the 1930 … were predominant, it has also claimed that excessive real wages created unemployment. The Layard-Nickell model, which has … been used to examine the relationship between real wages and unemployment in interwar Britain, is estimated from Australian …