institutions precede crises and, interestingly, positive reforms occur thereafter. Strong institutions shorten the duration of … interaction effect suggests they can be offset by appropriate institutions. …

role of institutions and macroeconomic fundamentals on countries' adjustment to shocks. Our empirical analysis shows that … the associations of growth level, growth volatility, shocks, institutions, and macroeconomic fundamentals have changed in …

price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and … factors were also important in the U.K., but less so in Sweden and Germany. Reduced matching efficiency was considerably less … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …

Europäischen Union und der USA vor und während Wirtschafts- und Finanzkrise, die 2007 begann. Dabei gehen wir insbesondere der … Blanchard and Wolfers (2000) to analyse the role of the interaction of macroeconomic shocks and labour market institutions for …