In this paper the effects of institutional variables on unemployment are reinvestigated for nine OECD countries. The … unemployment may differ across countries, not only in absolute terms but also in terms of sign. The main results are the following … have a hump-shaped or U-shaped relation to the unemployment rate. All things considered, the results make strong …

This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the … of the unemployment rate. Our novel contribution is the estimation of panel models where we allow for heterogeneous … effects of institutions on unemployment. Our main results are that on the average a tighter employment protection, a higher …

state support across European regions and leverage the rapid integration of China into the world economy to show that higher …

state support across European regions and leverage the rapid integration of China into the world economy to show that higher …

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting … lagged adjustment processes. In the context of estimated labor market systems for Germany, the UK, and the US, we construct …

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting … lagged adjustment processes. In the context of estimated labour market systems for Germany, the UK, and the US, we construct …