This paper provides a critical view of the cross country literature on the impact of labour market institutions and … policies on the evolving pattern of unemployment in OECD countries. Such widely used indicators as the generosity of … unemployment insurance or the strength of trade unions are neither strongly correlated individually with unemployment nor …

the employment performances of those countries. Moreoever, these institutions act asymmetrically along the business cycle …

This paper contributes to the debate on the causes of unemployment in interwar Germany. It applies the Layard …, combined with nominal inertia in the labour market, were important in explaining unemployment. In addition real wage pressures … due to the political processes of wage determination were a major influence on unemployment. Negative demand shocks appear …

British regions display persistent differences in both earnings and unemployment rates. A number of studies have found … that in general, regions that have high unemployment tend to have low wages. This runs contrary to a compensating … differentials argument that high wages should compensate for high unemployment. However, levels of labour mobility in Britain, and …

impact of labour market institutions from 1960 to 1994. The main contribution of the paper is to show that labour market …. These results are consistent with the findings of a companion paper (Nickell et al., 2001) where the effects of institutions … on unemployment are examined. The model controls for macroeconomic shocks, and include the possibility of interactions …

This paper examines an open economy model in which equilibrium unemployment depends on capacity in the traded …-goods sector. The model is estimated using U.K. quarterly data and compared with alternative concepts of equilibrium unemployment … utilisation and the degree of volatility of the real exchange rate interact to generate changes in equilibrium unemployment. This …

equalization allows the divergent wage experience as well as unemployment experience of Europe and America to be explained. Europe … reduces European unemployment (which increased under factor price equalization). …