producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the … should be supplemented by capital market imperfections for explaining differences in employment performances is supported by …

producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the … should be supplemented by capitalmarket imperfections for explaining differences in employment performances is supported by …

employment growth. Hence, the elimination of exchange rate volatility could be considered as a substitute for a removal of … employment protection legislation. …