The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This … paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural … unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural …

This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time … drivers of structural unemployment. Consistent with earlier studies, the level of product market regulation, union density and … the unemployment benefit replacement rate also play an important role in explaining changes in the NAIRU although there is …

This paper explores the impact of policies and institutions on employment and unemployment of OECD countries in the … and institutions affect employment not only via their impact on aggregate unemployment but also through their effects on … specific interactions across policies and institutions are found to be particularly robust, notably between unemployment …

inadvertently lead to increased income inequality and poverty. This paper focuses on the impact of institutions and redistributive … equity has taken place in OECD countries, notably in the 1990s. During this period, reductions of unemployment have been …- 2000 fails to detect any robust relationship between labour market institutions/policies and inequality as measured by the …

previously published for other countries are generally supported. Unemployment has a strongly depressing effect on happiness. A …

This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth … that private-order institutions have not historically substituted for public-order ones in enabling markets to function …, clarify the growth effects of other institutions, including contract-enforcement mechanisms, guilds, communities, serfdom, and …

Is human capital a robust predictor of good institutions? Using a new institutional quality measure, the International …

This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth … that private-order institutions have not historically substituted for public-order ones in enabling markets to function …, clarify the growth effects of other institutions, including contract-enforcement mechanisms, guilds, communities, serfdom, and …