Felbermayr, Gabriel; Prat, Julien; Schmerer, Hans-Jörg - 2009
institutions do not appear to condition the effect of openness. -- International trade ; real openness ; unemployment ; GMM models … lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …