Bertola, Giuseppe; Blau, Francine D; Kahn, Lawrence - C.E.P.R. Discussion Papers - 2002
unionized and/or regulated labour markets. We regress relative employment and unemployment outcomes on a standard set of labour … market institutions, aggregate unemployment, and period and country effects. This design allows us to control for unmeasured … country-specific factors that affect relative employment and unemployment. We find that the effects of wage-setting structures …