Gatti, Donatella; Rault, Christophe; Vaubourg, Anne-Gael - William Davidson Institute <Ann Arbor, Mich.> - 2010
Using annual data for 18 OECD countries over the period 1980-2004, we investigate howlabour and financial factors interact to determine unemployment by estimating a dynamicpanel model using the system generalized method of moments (GMM). We show that theimpact of financial variables depends...
