Stockhammer, Engelbert; Klär, Erik - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008
According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the … medium run. The actual empirical explanatory power of measures for labour market institutions, however, has been called into … accumulation, labour market institutions and a number of macroeconomic shocks in a panel analysis covering 20 OECD countries. The …