Using panel data of public unemployment expenditure as a percentage of GDP of 34 OECD nations across year 1980-2010, I explore the effect of this ratio on three unemployment outcomes: total unemployment rate, long-term unemployment rate and youth unemployment, as well as labor participation rate...

This study uses a two-way fixed effect model for panel data of all OECD nations, which includes most of the determinants of growth in previous empirical growth studies for either cross section or panel data as control variables and carefully checks possible endogeneity of the key variables of...

Using a dynamic panel model and two estimators: Arellano-Bond estimator and Arellano-Bover/Blundell-Bond system estimator, this paper provides empirical evidences to support the hypothesis that expenditure on entitlement programs increases voluntary and involuntary unemployment, decreases labor...

Using panel data of public unemployment expenditure as a percentage of GDP of 34 OECD nations across year 1980-2010, I explore the effect of this ratio on three unemployment outcomes: total unemployment rate, long-term unemployment rate and youth unemployment, as well as labor participation rate...