TITLE

Labour market institutions and unemployment volatility: evidence from OECD countries

AUTHOR(S)
Faccini, Renato; Bondibene, Chiara Rosazza
PUB. DATE
August 2012
SOURCE
Bank of England Quarterly Bulletin;2012 3rd Quarter, Vol. 52 Issue 3, p252
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article investigates whether laws regulating the labour market can help explain cross-country and time variation in this relationship. It mentions that the relationship between unemployment and output is not stable over time and differs markedly across countries. It further suggests that labour market institutions are an important factor governing cyclical unemployment fluctuations.
ACCESSION #
82152854

 

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