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The Effects of Downturns on Labour Force Participation: Evidence and Causes
Duval, Romain; Eris, Mehmet; Furceri, Davide - Economics Department, Organisation de Coopération et … - 2011
This paper uses an impulse-response function approach to assess the magnitude and persistence of the effects of downturns on labour force participation for a sample of 30 countries over the period 1960-2008. Past severe recessions appear to have had a significant and persistent impact on...
Persistent link: https://www.econbiz.de/10009146866
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How do Institutions Affect Structural Unemployment in Times of Crises?
Furceri, Davide; Mourougane, Annabelle - Economics Department, Organisation de Coopération et … - 2009
This paper examines the effect of economic crises on structural unemployment using an Autoregressive Distributed Lags … 2008, we found that downturns have, on average, a significant positive impact on the level of structural unemployment rate …. The maximum impact varies with the severity of the downturn. Institutions (such as Employment Protection Legislation …
Persistent link: https://www.econbiz.de/10008498031