Nickell, Stephen; Nunziata, Luca; Ochel, Wolfgang - In: Economic Journal 115 (2005) 500, pp. 1-27
This paper presents an empirical analysis of unemployment patterns in the OECD countries from the 1960s to the 1990s. Our results indicate the following. First, broad movements in unemployment across the OECD can be explained by shifts in labour market institutions. Second, interactions between...