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In this paper the effects of institutional variables on unemployment are reinvestigated for nine OECD countries. The … unemployment may differ across countries, not only in absolute terms but also in terms of sign. The main results are the following … have a hump-shaped or U-shaped relation to the unemployment rate. All things considered, the results make strong …
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market flows and reduce unemployment duration. Without attempting to evaluate the specific components of these Hartz reforms …
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