There is no or limited consensus on the quantitative impact of institutions on unemployment, which has led some to question the case for structural reforms. Recent studies suggest also that institutions interact with each other and cannot be analysed in isolation. In this paper, we estimate a...

In this paper we present an overview of GDP and productivity growth patterns in OECD countries over the past decade, on the basis of harmonized data. Our evidence suggests that fast-growing countries generally shared three characteristics: improvements in labour utilization; a generalized...