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lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …
Persistent link: https://www.econbiz.de/10010269047
lower structural rate of unemployment. We establish this fact using:(i) panel data from 20 OECD countries, (ii) cross … within-country trade. Our main findingis robust to various definitions of unemployment rates and openness measures … institutions do notappear to condition the effect of openness.... …
Persistent link: https://www.econbiz.de/10009360638
lower structural rate of unemployment. We es- tablish this fact using: (i) panel data from 20 OECD countries, (ii) cross … within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures. The … preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one percentage …
Persistent link: https://www.econbiz.de/10004968927
This paper analyzes the effect of Product Market Regulation (PMR) on unemployment in a search model with heterogeneous … rate of unemployment. We distinguish between PMR related to entry costs and PMR that generates recurrent fixed costs. We … find that: (i) higher entry costs raise the rate of unemployment mainly through our novel selection effect, (ii) higher …
Persistent link: https://www.econbiz.de/10005566563
lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …
Persistent link: https://www.econbiz.de/10005030877
equilibrium unemployment. We show that firing costs, sunk entry costs and bureaucratic flow costs have countervailing effects on …
Persistent link: https://www.econbiz.de/10005040986
This paper studies the relationship between disembodied technological progress and unemployment in a standard search … that disembodied technological progress increases the rate of unemployment. (Copyright: Elsevier) …
Persistent link: https://www.econbiz.de/10005090965
This paper analyzes the effect of Product Market Regulation (PMR) on unemployment in asearch model with heterogeneous … rate of unemployment... …
Persistent link: https://www.econbiz.de/10005863042
lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …
Persistent link: https://www.econbiz.de/10013159504
This paper analyzes the effect of Product Market Regulation (PMR) on unemployment in a search model with heterogeneous … rate of unemployment. We distinguish between PMR related to entry costs and PMR that generates recurrent fixed costs. We … find that: (i) higher entry costs raise the rate of unemployment mainly through our novel selection effect, (ii) higher …
Persistent link: https://www.econbiz.de/10013317110