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Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence
Howell, David - 2013
market institutions explain the pattern of unemployment across countries. The main culprits are held to be protective … institutions, namely unemployment benefit entitlements, employment protection laws, and trade unions. Our assessment of the … is the generally significant and robust effect of the standard measure of unemployment benefit generosity, but there are …
Persistent link: https://www.econbiz.de/10013087981
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The $1 Trillion Wage Deficit
Baker, Dean; Schmitt, John - Center for Economic and Policy Research (CEPR) - 2009
The strong rise in the U.S. stock market since the spring and the return to positive economic growth in the third quarter of this year have created a consensus among economists that the Great Recession is very likely over. Unfortunately, the end of the official recession will have little visible...
Persistent link: https://www.econbiz.de/10008545825