European Unemployment Revisited: Shocks, Institutions, Integration

This paper painstakingly restores a vintage empirical model of unemployment determination by interacting shocks and institutions, and runs it on recent data featuring dramatic shocks and controversial institutional change. Theoretical insights and empirical results suggest that reforms and capital flows contribute sensible and interrelated explanations for the recent twists and turns of unemployment rates in Europe and elsewhere.

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Year of publication:	2016
Authors:	Bertola, Giuseppe
Publisher:	Munich : Center for Economic Studies and ifo Institute (CESifo)

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Series:	CESifo Working Paper ; 6170
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	872243486 [GVK] hdl:10419/149257 [Handle] RePec:ces:ceswps:_6170 [RePEc]
Classification:	E24 - Employment; Unemployment; Wages
Source:	EconStor

Persistent link: https://www.econbiz.de/10011584869