 | Labor Market Flexibility and Unemployment: New Empirical Evidence of Static and Dynamic Effects Author/Editor: Lorenzo E. Bernal-Verdugo, Davide Furceri, Dominique M. Guillaume. Release Date:March, 2012 The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using a panel of 97 countries from 1985 to 2008, the results of the paper suggest that more...
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| Crises, Labor Market Policy, and Unemployment Author/Editor: Lorenzo E. Bernal-Verdugo, Davide Furceri, Dominique M. Guillaume. Release Date:March, 2012 Using a sample of 97 countries spanning the period 1980“2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears more...
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