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Unemployment and Labor Market Institutions: An Empirical Analysis

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  • Belot, Michele
  • van Ours, Jan C.

Abstract

The development of the unemployment rate di¤ers substantially between OECD countries.In this paper we investigate to what extent these differences are related to labor market institutions.In our analysis we use data of eighteen OECD countries over the period 1960-1994 and show that the way in which institutions interact is important

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Bibliographic Info

Article provided by Elsevier in its journal Journal of the Japanese and International Economies.

Volume (Year): 15 (2001)
Issue (Month): 4 (December)
Pages: 403-418

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Handle: RePEc:eee:jjieco:v:15:y:2001:i:4:p:403-418

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Web page: http://www.elsevier.com/locate/inca/622903

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  1. Michèle Belot & Jan C. van Ours, 2004. "Does the recent success of some OECD countries in lowering their unemployment rates lie in the clever design of their labor market reforms?," Oxford Economic Papers, Oxford University Press, vol. 56(4), pages 621-642, October.
  2. Boone, Jan & van Ours, Jan C., 2000. "Modeling Financial Incentives to Get Unemployed Back to Work," IZA Discussion Papers 108, Institute for the Study of Labor (IZA).
  3. Freeman, Richard B., 1998. "War of the models: Which labour market institutions for the 21st century?1," Labour Economics, Elsevier, vol. 5(1), pages 1-24, March.
  4. Nickell, S.J. & Ours, J.C. van, 1999. "The Netherlands and the United Kingdom: A European Unemployment Miracle?," Discussion Paper 1999-119, Tilburg University, Center for Economic Research.
  5. Bertola, Giuseppe, 1991. "Labour Turnover Costs and Average Labour Demand," CEPR Discussion Papers 601, C.E.P.R. Discussion Papers.
  6. Steve Nickell & Jan van Ours, 2000. "Why has Unemployment in the Netherlands and the United Kingdom Fallen so Much?," Canadian Public Policy, University of Toronto Press, vol. 26(s1), pages 201-220, July.
  7. Olivier Blanchard & Justin Wolfers, 1999. "The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence," NBER Working Papers 7282, National Bureau of Economic Research, Inc.
  8. Richard Layard & Stephen Nickell, 1998. "Labour Market Institutions and Economic Performance," CEP Discussion Papers dp0407, Centre for Economic Performance, LSE.
  9. Dennis J. Snower & David T. Coe, 1996. "Policy Complementarities: The Case for Fundamental Labor Market Reform," IMF Working Papers 96/93, International Monetary Fund.
  10. Nickell, Stephen, 1998. "Unemployment: Questions and Some Answers," Economic Journal, Royal Economic Society, vol. 108(448), pages 802-16, May.
  11. Francesco Daveri & Guido Tabellini, . "Unemployment, Growth and Taxation in Industrial Countries," Working Papers 122, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
  12. Modigliani, Franco & Fitoussi, Jean-Paul & Moro, Beniamino & Snower, Dennis J. & Solow, Robert M. & Steinherr, Alfred & Sylos Labini, Stefano, 1998. "An economists' manifesto on unemployment in the European Union," Open Access Publications from Kiel Institute for the World Economy 1776, Kiel Institute for the World Economy (IfW).
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