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Institutional Determinants of Unemployment in OECD Countries: A Time Series Cross-Section Analysis (1960-98)

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Baccaro, L., & Rei, D. (2005). Institutional Determinants of Unemployment in OECD Countries: A Time Series Cross-Section Analysis (1960-98). IILS Discussion Paper, 160.


Cite as: https://hdl.handle.net/21.11116/0000-0002-503C-1
Abstract
The aim of this paper is to assess the empirical plausibility of a vastly popular view of the unemployment problem, endorsed by international organizations like the OECD and the IMF, as well as policy-makers in several countries. In a nutshell, this holds that unemployment is caused by labour market institutions and should be addressed through systematic institutional deregulation.