Furceri, Davide; Mourougane, Annabelle - In: Panoeconomicus 59 (2012) 4, pp. 393-419
This paper examines the effect of economic crises on structural unemployment using an Autoregressive Distributed Lags model and accounting for the role of institutional settings on an unbalanced panel of 30 OECD economies from 1960 to 2006. We found that downturns have, on average, a significant...
