Anglo-Saxon countries have been relatively successful over the last two decades in producing employment growth and in … reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …

producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the … across countries and over time. Financial constraints are potentially important obstacles against creating new firms and jobs … should be supplemented by capital market imperfections for explaining differences in employment performances is supported by …