, unemployment rates, and wages in fixed-effects regressions which effectively use changes in these indicators over time within … the response to unemployment shocks in these economies. In India, the unemployment rate does not seem to be a reliable …

trend in France and Germany now exceeds the one in Italy, South Korea and Japan. At the same time, the containment measures … seem more intense in Italy, South Korea and Japan than in France and Germany. Nevertheless, decision makers in France and …