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The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence

Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. La disoccupazione in Italia: una carenza di flessibilità o di domanda aggregata?
    by keynesblog in Keynes Blog on 2015-10-21 15:56:52
  2. En bra arbetslöshetsförsäkring skapar inte arbetslöshet men ger en bättre matchning på arbetsmarknaden
    by Roger Mörtvik in Utredarna on 2012-09-14 18:51:48

Citations

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Cited by:

  1. Francesco Devicienti, 2002. "Downward Nominal Wage Rigidity in Italy: Evidence and Consequences," LABORatorio R. Revelli Working Papers Series 20, LABORatorio R. Revelli, Centre for Employment Studies.
  2. Lars Calmfors, 2004. "Activation versus Other Employment Policies – Lessons for Germany," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 5(02), pages 35-42, October.
  3. F. Langot & L. Patureau & T. Sopraseuth, 2014. "Fiscal Devaluation and Structural Gaps," Working papers 508, Banque de France.
  4. Baxa Jaromír & Plašil Miroslav & Vašíček Bořek, 2017. "Inflation and the steeplechase between economic activity variables: evidence for G7 countries," The B.E. Journal of Macroeconomics, De Gruyter, vol. 17(1), pages 1-42, January.
  5. Jacques Pelkmans & Andrea Renda, "undated". "Does EU Regulation Hinder or Stimulate Innovation?," IRMO Occasional Papers 5, Institute for Development and International Relations, Zagreb.
  6. Richard Rogerson, 2006. "Understanding Differences in Hours Worked," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(3), pages 365-409, July.
  7. Alessandro Taberna & Tatiana Filatova & Andrea Roventini & Francesco Lamperti, 2021. "Coping with increasing tides: technological change, agglomeration dynamics and climate hazards in an agent-based evolutionary model," LEM Papers Series 2021/44, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  8. Laurence Ball & Nicolás Roux & Marc Hofstetter, 2013. "Unemployment in Latin America and the Caribbean," Open Economies Review, Springer, vol. 24(3), pages 397-424, July.
  9. Ronald Schettkat, 2003. "Institutions in the Economic Fitness Landscape: What Impact Do Welfare State Institutions Have on Economic Performance?," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(2), pages 27-33, October.
  10. Victor Montuenga & Roberto Bande & Melchor Fernandez, 2011. "Wage flexibility and local labour markets: homogeneity of the wage curve in Spain," ERSA conference papers ersa11p414, European Regional Science Association.
  11. Wey, Christian & Beck, Jonathan & Grajek, Michal, 2005. "Hypermarket Competition and the Diffusion of Retail Checkout Barcode Scanning," CEPR Discussion Papers 5386, Centre for Economic Policy Research.
  12. Beissinger, Thomas & Büsse, Oliver, 2002. "The Impact of the Unemployment Benefit System on International Spillover Effects," University of Regensburg Working Papers in Business, Economics and Management Information Systems 376, University of Regensburg, Department of Economics.
  13. Gnocchi, Stefano & Lagerborg, Andresa & Pappa, Evi, 2015. "Do labor market institutions matter for business cycles?," Journal of Economic Dynamics and Control, Elsevier, vol. 51(C), pages 299-317.
  14. Boeri, Tito & Jimeno, Juan Francisco, 2015. "The unbearable divergence of unemployment in Europe," LSE Research Online Documents on Economics 65001, London School of Economics and Political Science, LSE Library.
  15. John Addison & Paulino Teixeira, 2005. "What Have We Learned about the Employment Effects of Severance Pay? Further Iterations of Lazear Et al," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 32(3), pages 345-368, September.
  16. Jean-Olivier Hairault & François Langot & Thepthida Sopraseuth, 2010. "Distance to Retirement and The Job Search of Older Workers: The Case For Delaying Retirement Age," Post-Print hal-00517107, HAL.
  17. Stephen Nickell, 2003. "Labour Market Institutions and Unemployment in OECD Countries," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(2), pages 13-26, October.
  18. Ansgar Belke & Rainer Fehn & Neil Foster, 2001. "Venture Capital Investment and Labor Market Performance: A Panel Data Analysis," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 197/2001, Department of Economics, University of Hohenheim, Germany.
  19. Burak GÜRIŞ & İpek M. YURTTAGÜLER & Muhammed TIRAŞOĞLU, 2017. "Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(610), S), pages 45-56, Spring.
  20. Di Pace, F. & Faccini, R., 2012. "Deep habits and the cyclical behaviour of equilibrium unemployment and vacancies," Journal of Economic Dynamics and Control, Elsevier, vol. 36(2), pages 183-200.
  21. de Ridder, M. & Pfajfar, D., 2017. "Policy Shocks and Wage Rigidities: Empirical Evidence from Regional Effects of National Shocks," Cambridge Working Papers in Economics 1717, Faculty of Economics, University of Cambridge.
  22. Denisa Maria Sologon & Cathal O'Donoghue, 2014. "Shaping Earnings Insecurity: Labor Market Policy and Institutional Factors," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(S1), pages 205-232, May.
  23. repec:hum:wpaper:sfb649dp2016-014 is not listed on IDEAS
  24. Baas, Timo & Belke, Ansgar, 2014. "Labor Market Reforms and Current Account Imbalances - Beggar-thy-Neighbor Policies in a Currency Union?," Ruhr Economic Papers 505, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
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  26. Monastiriotis, Vassilis, 2006. "Macro-determinants of UK regional unemployment and the role of employment flexibility," MPRA Paper 44, University Library of Munich, Germany.
  27. Engelbert Stockhammer, 2011. "Wage norms, capital accumulation, and unemployment: a post-Keynesian view," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 27(2), pages 295-311.
  28. Dosi, G. & Pereira, M.C. & Roventini, A. & Virgillito, M.E., 2017. "When more flexibility yields more fragility: The microfoundations of Keynesian aggregate unemployment," Journal of Economic Dynamics and Control, Elsevier, vol. 81(C), pages 162-186.
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  30. Flaig Gebhard & Rottmann Horst, 2009. "Labour Market Institutions and the Employment Intensity of Output Growth," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 229(1), pages 22-35, February.
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  32. Vindigni, Andrea, 2008. "Uncertainty and the Politics of Employment Protection," IZA Discussion Papers 3509, IZA Network @ LISER.
  33. Gebhard Flaig & Horst Rottmann, 2004. "Erhöht der Kündigungsschutz die Beschäftigungsschwelle?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 57(17), pages 13-17, September.
  34. repec:ces:ifodic:v:7:y:2009:i:2:p:14567123 is not listed on IDEAS
  35. Campos, Nauro F. & Eichenauer, Vera Z. & Sturm, Jan-Egbert, 2025. "Are unemployment differentials among advanced economies still explained by the Shocking Institutions Hypothesis?," Economic Systems, Elsevier, vol. 49(4).
  36. Raquel Fonseca & Natalia Utrero, 2005. "Financial Development, Labor and Market Regulations and Growth," Documents de recherche 05-05, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
  37. Pagés, Carmen & Micco, Alejandro, 2004. "Employment Protection and Gross Job Flows: A Differences-in-Differences Approach," IDB Publications (Working Papers) 1106, Inter-American Development Bank.
  38. Heshmati Almas & Karlson Nils & Box Marcus, 2013. "Generality, State Neutrality and Unemployment in the OECD," Global Economy Journal, De Gruyter, vol. 13(3-4), pages 333-358, December.
  39. Ansgar Belke & Rainer Fehn, "undated". "Institutions and Structural Unemployment: Do Capital-Market Imperfections Matter?," German Working Papers in Law and Economics 2001-default/2001/1-1008, Berkeley Electronic Press.
  40. Kilponen, Juha, 2000. "On the Efficiency of Job and Income Protection in the Dynamic Labour Markets," Discussion Papers 219, VATT Institute for Economic Research.
  41. Gylfi Zoega, 2012. "Employment and asset prices," Applied Economics, Taylor & Francis Journals, vol. 44(26), pages 3343-3355, September.
  42. Can, Raif, 2015. "The Impact of Employment Protection Legislation on the Unemployment Rate in Selected OECD Countries," MPRA Paper 63329, University Library of Munich, Germany.
  43. Lawrence Kahn, 2003. "Labour Market Institutions and Unemployment in OECD Countries," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(4), pages 25-32, October.
  44. Sirine MNIF, 2016. "Bilateral Relationship between Technological Changes and Income Inequality in Developing Countries," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, vol. 1, pages 1-1, June.
  45. Kluve, Jochen & Schaffner, Sandra & Schmidt, Christoph M., 2006. "Labor Force Status Dynamics in the German Labor Market: Individual Heterogeneity and Cyclical Sensitivity," Technical Reports 2006,20, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen.
  46. Axel Hall & Gylfi Zoega, 2015. "Why do Europeans Work Less than Americans? Public Consumption and Welfare Benefits as a Cause of the North-Atlantic Divide," CESifo Working Paper Series 5264, CESifo.
  47. Carmen Pagés-Serra & Alejandro Micco, 2008. "Efectos económicos de la protección del empleo: Elementos de juicio a partir de datos internacionales a nivel de actividad económica," Research Department Publications 4497, Inter-American Development Bank, Research Department.
  48. Gehrke, Britta & Lechthaler, Wolfgang & Merkl, Christian, 2019. "The German labor market during the Great Recession: Shocks and institutions," Economic Modelling, Elsevier, vol. 78(C), pages 192-208.
  49. Mekki Hamdaoui & Abderraouf Ben Ahmed Mtiraoui & Zohra Aroussi & Mounir Smida, 2025. "Understanding the dynamics of financial and economic crises: a comprehensive analysis," Post-Print hal-04950052, HAL.
  50. Antoine Bouveret & Bruno Ducoudre, 2007. "On the Contingency of Equilibrium Exchange Rates with Time - Consistent Economic Policies," Sciences Po Economics Publications (main) hal-01066080, HAL.
  51. Sebastian Weber, 2006. "Labor Market Structures, Trade and their Effect on Unemployment: A Theoretical Analysis and Empirical Investigation," IHEID Working Papers 22-2006, Economics Section, The Graduate Institute of International Studies.
  52. Antoine Bouveret, 2010. "Economic policies, long run equilibrium and exchange rate dynamics [Politiques économiques, dynamique et équilibre de long terme du taux de change]," Sciences Po Economics Publications (main) tel-04097866, HAL.
  53. Raquel Fonseca & Lise Patureau & Thepthida Sopraseuth, 2009. "Divergence in Labor Market Institutions and International Business Cycles," Annals of Economics and Statistics, GENES, issue 95-96, pages 279-314.
  54. David G. Blanchflower & Alex Bryson, 2021. "The Economics of Walking About and Predicting Unemployment," NBER Working Papers 29172, National Bureau of Economic Research, Inc.
  55. Pryor, Frederic L., 2005. "Market economic systems," Journal of Comparative Economics, Elsevier, vol. 33(1), pages 25-46, March.
  56. International Monetary Fund, 2007. "Portugal: Selected Issues," IMF Staff Country Reports 2007/342, International Monetary Fund.
  57. Floro Ernesto Caroleo & Gianluigi Coppola, 2005. "The Impact of the Institutions on Regional Unemployment Disparities," CELPE Discussion Papers 98, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.
  58. Vodopivec, Milan & Raju, Dhushyanth, 2002. "Income support systems for the unemployed : issues and options," The Social Policy and Labor Discussion Paper Series 25529, The World Bank.
  59. Alain Jousten & Mathieu Lefèbvre & Sergio Perelman & Pierre Pestieau, 2010. "The Effects of Early Retirement on Youth Unemployment: The Case of Belgium," NBER Chapters, in: Social Security Programs and Retirement around the World: The Relationship to Youth Employment, pages 47-76, National Bureau of Economic Research, Inc.
  60. Bokan, Nikola & Hughes Hallett, Andrew, 2008. "The Impact of Tax and Market Distortions on the Phillips Curve and the Natural Rate of Unemployment," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, vol. 2, pages 1-28.
  61. Juan J. Dolado & Marcel Jansen & Juan F. Jimeno, 2005. "Dual employment protection legislation: a framework for analysis," Working Papers 0510, Banco de España.
  62. Odile Chagny & Frédéric Reynès & Henri Sterdyniak, 2002. "Le taux de chômage d'équilibre. Discussion théorique et évaluation empirique," Revue de l'OFCE, Presses de Sciences-Po, vol. 81(2), pages 205-244.
  63. Enrico Saltari & Giuseppe Travaglini, 2009. "The Productivity Slowdown Puzzle. Technological and Non-technological Shocks in the Labor Market," International Economic Journal, Taylor & Francis Journals, vol. 23(4), pages 483-509.
  64. repec:spo:wpmain:info:hdl:2441/6krnfp4alc80oa55v0i3jrhl18 is not listed on IDEAS
  65. Jocelyn Maillard, 2020. "Heterogeneity, Rigidity and Convergence of Labor Markets in the Euro Area," Annals of Economics and Statistics, GENES, issue 140, pages 127-167.
  66. Laeven, Luc & McAdam, Peter & Popov, Alexander, 2023. "Credit shocks, employment protection, and growth:firm-level evidence from spain," Journal of Banking & Finance, Elsevier, vol. 152(C).
  67. Luca Nunziata, 2005. "Institutions and Wage Determination: a Multi‐country Approach," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 67(4), pages 435-466, August.
  68. Raurich, Xavier & Sala, Hector & Sorolla, Valeri, 2006. "Unemployment, Growth, And Fiscal Policy: New Insights On The Hysteresis Hypothesis," Macroeconomic Dynamics, Cambridge University Press, vol. 10(3), pages 285-316, June.
  69. Predrag Trpeski & Dragan Tevdovski, 2015. "Nairu Estimates In Transitional Economy With Extremely High Unemployment Rate: The Case Of Republic Of Macedonia," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 60(206), pages 167-186, July - Se.
  70. MacLeod, W. Bentley, 2011. "Great Expectations: Law, Employment Contracts, and Labor Market Performance," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 18, pages 1591-1696, Elsevier.
  71. Kim, Jaewon, 2006. "The Determinants of Labor Market Institutions: A Panel Data Study," Research Papers in Economics 2006:10, Stockholm University, Department of Economics, revised 06 Dec 2006.
  72. Yu‐Fu Chen & Dennis Snower & Gylfi Zoega, 2003. "Labour‐market Institutions and Macroeconomic Shocks," LABOUR, CEIS, vol. 17(2), pages 247-270, June.
  73. Tyran, Jean-Robert & Vanin, Paolo & Strulik, Holger, 2006. "Staying on the Dole," CEPR Discussion Papers 5967, Centre for Economic Policy Research.
  74. Michal Moszynski, 2016. "Institutional conditioning of the German labour market in the face of the global economic crisis 2008–2009," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 15(3), pages 371-383, September.
  75. Berger, Tino & Everaert, Gerdie, 2010. "Labour taxes and unemployment evidence from a panel unobserved component model," Journal of Economic Dynamics and Control, Elsevier, vol. 34(3), pages 354-364, March.
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  77. Kwiatkowski, Eugeniusz & Włodarczyk, Przemysław, . "Znaczenie prawnej ochrony zatrudnienia dla elastyczności zatrudnienia w krajach OECD," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2017(3).
  78. Berthold, Norbert & Fehn, Rainer & Thode, Eric, 1999. "Rigide Arbeitsmärkte und ungleiche Einkommensverteilung: Ein unlösbares Dilemma?," Discussion Paper Series 31, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
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  80. Wasmer, Etienne, 2002. "Interpreting Europe and US Labor Markets Differences: The Specificity of Human Capital Investments," IZA Discussion Papers 549, IZA Network @ LISER.
  81. Olga Bohachova & Bernhard Boockmann & Claudia M. Buch, 2011. "Labor Demand During the Crisis: What Happened in Germany?," CESifo Working Paper Series 3625, CESifo.
  82. Bruno, VAN DER LINDEN, 2003. "Unemployment insurance and training in an equilibrium matching model with heterogeneous agents," LIDAM Discussion Papers IRES 2003001, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  83. Bocean Claudiu & Mimi Petrisan, 2007. "Links Between Macroeconomic Key Variables And Employment Levels In Romania," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(8), pages 99-104, April.
  84. Olivier Pierrard & Henri Sneessens, 2004. "Biased Technological Shocks, Wage Rigidities and Low-Skilled Unemployment," DNB Working Papers 020, Netherlands Central Bank, Research Department.
  85. Algan, Yann, 2002. "How well does the aggregate demand-aggregate supply framework explain unemployment fluctuations? A France-United States comparison," Economic Modelling, Elsevier, vol. 19(1), pages 153-177, January.
  86. Holden Steinar & Wulfsberg Fredrik, 2008. "Downward Nominal Wage Rigidity in the OECD," The B.E. Journal of Macroeconomics, De Gruyter, vol. 8(1), pages 1-50, April.
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  88. Takalo, Tuomas & Castrén, Olli & Wood, Geoffrey, 2004. "Labour market reform and the sustainability of exchange rate pegs," Working Paper Series 406, European Central Bank.
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  90. Chéron, Arnaud & Hairault, Jean-Olivier & Langot, François, 2004. "Labor Market Institutions and the Employment-Productivity Trade-Off: A Wage Posting Approach," IZA Discussion Papers 1364, IZA Network @ LISER.
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  93. Belardi Jan, 2025. "When Convergence is Crisis-Driven:Evidence From Unemployment Dynamics Across Czech Districts," Review of Economic Perspectives, Sciendo, vol. 25(2), pages 91-108.
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  95. Taberna, Alessandro & Filatova, Tatiana & Roventini, Andrea & Lamperti, Francesco, 2022. "Coping with increasing tides: Evolving agglomeration dynamics and technological change under exacerbating hazards," Ecological Economics, Elsevier, vol. 202(C).
  96. Lucifora, Claudio & Origo, Federica, 2025. "Rigid Yet Resilient: Firms' Margins of Adjustment to Demand Shocks in Regulated Labour Markets," IZA Discussion Papers 17670, IZA Network @ LISER.
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  120. Bernhard Boockmann & Raimund Krumm & Michael Neumann & Pia Rattenhuber, 2013. "Turning the Switch: An Evaluation of the Minimum Wage in the German Electrical Trade Using Repeated Natural Experiments," German Economic Review, Verein für Socialpolitik, vol. 14(3), pages 316-348, August.
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  122. Carlos David Cardona-Arenas & Lya Paola Sierra-Su�rez, 2020. "Impacto de la política monetaria en el equilibrio del mercado de trabajo: países de la Alianza del Pacífico," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 12(2), pages 491-521.
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  126. Sá, Filipa, 2011. "Does employment protection help immigrants? Evidence from European labor markets," Labour Economics, Elsevier, vol. 18(5), pages 624-642, October.
  127. Vesna Stavrevska, 2011. "The efficiency wages perspective to wage rigidity in the open economy: a survey," International Journal of Manpower, Emerald Group Publishing Limited, vol. 32(3), pages 273-299, June.
  128. Lindbeck, Assar, 2003. "Improving the Performance of the European Social Model - The Welfare State over the Life Cycle," Seminar Papers 717, Stockholm University, Institute for International Economic Studies.
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  892. Michel-Pierre Chélini & Georges Prat, 2019. "Verständnis der langfristigen Dynamik von Arbeitslosigkeit und Löhnen in Frankreich [Understanding the Long Run Dynamics of French Unemployment and Wages]," Post-Print hal-04400810, HAL.
  893. Andrea Tafuro, 2015. "The Effects of Fiscal Policy on Employment: an Analysis of the Aggregate Evidence," Working Papers 2015: 03, Department of Economics, University of Venice "Ca' Foscari".
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  918. Bothner, Jonathan & Rottmann, Horst, 2025. "Empirische Evidenz für den Einfluss von Demokratie auf Wachstum und Resilienz," Weidener Diskussionspapiere 98, University of Applied Sciences Amberg-Weiden (OTH).
  919. Anna Lo Prete, 2016. "Labour Market Institutions and Household Consumption Insurance within OECD Countries," The World Economy, Wiley Blackwell, vol. 39(6), pages 755-771, June.
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  921. Leroy, Aurélien & Pop, Adrian, 2019. "Macro-financial linkages: The role of the institutional framework," Journal of International Money and Finance, Elsevier, vol. 92(C), pages 75-97.
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