Gatti, Donatella; Rault, Christophe; Vaubourg, Anne-Gael - In: Oxford Economic Papers 64 (2012) 3, pp. 464-489
Using annual data for 18 OECD countries over the period 1980-2004, we investigate how labour and financial factors interact to determine unemployment. We estimate a dynamic panel model using the system Generalized Method of Moments (GMM). It is shown that the impact of financial variables...