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...

Based on extensive institutional, and empirical analysis, the report describes a static labor market in Bosnia, unable to accommodate the economic imbalances resulting from the war, and from the legacy of the socialist era. Worker, and job flows have been rather low, lagging behind when compared...