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Direct linkBassanini, Andrea; Duval, Romain – OECD Publishing (NJ1), 2006
This paper explores the impact of policies and institutions on employment and unemployment of OECD countries in the past decades. Reduced-form unemployment equations, consistent with standard wage setting/price-setting models, are estimated using cross-country/time-series data from 21 OECD countries over the period 1982-2003. In the…
Descriptors: Unemployment, Macroeconomics, Employment Patterns, Labor Market
