variation in regional unemployment and in the development of employment is puzzling. Our explanation of this regional variation …One of the key issues in economics is the explanation of unemployment and its variation across different economies … their variation across countries. However, unemployment within the European states varies nearly as much as between these …

structure are used to explain regional (un)employment. The results support our theoretical reasoning. …One of the key issues in economics is the explanation of unemployment. Doing so "modern mainstream macroeconomics … & Soskice 2006). However, unemployment within states varies as much as between these countries. In Germany, for example, there …