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Strukturelle Arbeitslosigkeit in Europa : eine Bestandsaufnahme (Structural unemployment in Europe * an inventory)

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Beissinger, Thomas

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Abstract

"This paper summarises, explains and evaluates the most important findings on the scale and causes of structural unemployment in Europe against the background of a standardised theoretical frame of reference. In literature, structural unemployment is usually interpreted as the unemployment that is consistent with a constant inflation rate in the long term. This unemployment rate is also called the long-term NAIRU or natural unemployment rate. The critical evaluation of various methods to estimate the long-term NAIRU and a short overview of the variety of results of different empirical studies make it obvious that NAIRU estimates do not permit precise statements at present regarding the scale of structural unemployment. Empirical research on the determinants of the long-term NAIRU suggests that the international differences in the development and in the level of the long-term NAIRU can best be explained by the interaction of macro-economic shocks and institutions. However, a detailed examination of the individual studies shows the low robustness and the partly inconsistent estimate results. Therefore, at the present state of research, the macro-econometric evidence concerning the scale and causes of structural unemployment must be treated with caution " (author's abstract, IAB-Doku) ((en))

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Publisher Info
Article provided by Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany] in its journal Mitteilungen aus der Arbeitsmarkt– und Berufsforschung.

Volume (Year): 36 (2003)
Issue (Month): 4 ()
Pages: 411-427
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Handle: RePEc:iab:iabmit:v:36:i:4:p:411-427

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Related research
Keywords: strukturelle Arbeitslosigkeit - internationaler Vergleich; NAIRU; Arbeitslosenquote; Europa; USA; Australien; Japan; Neuseeland; Bundesrepublik Deutschland;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    Other versions:
  2. Laurence Boone, 2000. "Comparing Semi-Structural Methods to Estimate Unobserved Variables: The HPMV and Kalman Filters Approaches," OECD Economics Department Working Papers 240, OECD, Economics Department. [Downloadable!]
  3. Nickell, Stephen & Layard, Richard, 1999. "Labor market institutions and economic performance," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 46, pages 3029-3084 Elsevier. [Downloadable!] (restricted)
    Other versions:
  4. Dean Baker & Andrew Glyn & David Howell & John Schmitt, 2002. "Labor Market Institutions and Unemployment: A Critical Assessment of the Cross-Country Evidence," SCEPA Working Papers 2002-17, Schwartz Center for Economic Policy Analysis (SCEPA), The New School. [Downloadable!]
    Other versions:
  5. George A. Akerlof & William R. Dickens & George L. Perry, 1996. "The Macroeconomics of Low Inflation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(1996-1), pages 1-76. [Downloadable!]
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  9. Bean, Charles R, 1994. "European Unemployment: A Survey," Journal of Economic Literature, American Economic Association, vol. 32(2), pages 573-619, June. [Downloadable!] (restricted)
  10. Fitoussi, J-P & Jestaz, D. & Phelps, E.S. & Zoega, G., 2000. "Roots of the Recent Recoveries : Labor Reforms or Private-Sector Forces ?," Documents de Travail de l'OFCE 2000-04, Observatoire Francais des Conjonctures Economiques (OFCE). [Downloadable!]
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  11. Stephen Nickell, 2003. "Labour Market Institutions and Unemployment in OECD Countries," CESifo DICE Report, Ifo Institute for Economic Research at the University of Munich, vol. 1(2), pages 13-26, October. [Downloadable!]
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    Other versions:
  16. Blanchard, Olivier & Wolfers, Justin, 2000. "The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence," Economic Journal, Royal Economic Society, vol. 110(462), pages C1-33, March. [Downloadable!] (restricted)
    Other versions:
  17. Nickell, Stephen, 1997. "Unemployment and Labor Market Rigidities: Europe versus North America," Journal of Economic Perspectives, American Economic Association, vol. 11(3), pages 55-74, Summer. [Downloadable!] (restricted)
  18. Giuseppe Bertola & Francine D. Blau & Lawrence M. Kahn, 2001. "Comparative Analysis of Labor Market Outcomes: Lessons for the US from International Long-Run Evidence," NBER Working Papers 8526, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  19. Lawrence Kahn, 2003. "Labour Market Institutions and Unemployment in OECD Countries," CESifo DICE Report, Ifo Institute for Economic Research at the University of Munich, vol. 1(4), pages 25-32, October. [Downloadable!]
  20. Douglas O. Staiger & James H. Stock & Mark W. Watson, 1997. "How Precise Are Estimates of the Natural Rate of Unemployment?," NBER Chapters, in: Reducing Inflation: Motivation and Strategy, pages 195-246 National Bureau of Economic Research, Inc. [Downloadable!]
    Other versions:
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