N'Semi, Noé; Gaimon, Aurélien; Theulière, Maël; … - Department of Economics, Sciences économiques - 2008
This paper provides a theoretical and empirical appraisal of the shocks-institutions controversy as an explanation of unemployment heterogeneity in OECD countries. Since the influential work of Blanchard and Wolfers (2000), many studies have tried to explain the differences in the OECD...