Felbermayr, Gabriel J.; Prat, Julien; Schmerer, Hans-Jörg - Institut zur Zukunft der Arbeit <Bonn> - 2009
lower structural rate of unemployment. We establish this fact using:(i) panel data from 20 OECD countries, (ii) cross … within-country trade. Our main findingis robust to various definitions of unemployment rates and openness measures … institutions do notappear to condition the effect of openness.... …