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dc.contributor.authorRault, Christopheen
dc.contributor.authorVaubourg, Anne-Gaëlen
dc.date.accessioned2011-08-01-
dc.date.accessioned2011-11-23T11:44:14Z-
dc.date.available2011-11-23T11:44:14Z-
dc.date.issued2011-
dc.identifier.piurn:nbn:de:101:1-201104134449en
dc.identifier.urihttp://hdl.handle.net/10419/52111-
dc.description.abstractWe explore whether finance influences the impact of labour market institutions on unemployment. Using a data set of 18 OECD countries over 1980-2004, we estimate a panel VectorAutoRegressive model. We check whether causalities from labour market variables to unemployment are affected by financial factors. In Belgium, Italy, Australia, Japan and Spain, accounting for financial indicators mitigates the benefits of labour market flexibilization or makes it harmful to employment. In Austria, Canada, Finland and Portugal, it reduces its detrimental impact or makes it beneficial. In Ireland and Netherlands, both effects prevail, depending on the labour market indicator used.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x5606en
dc.subject.jelE24en
dc.subject.jelJ23en
dc.subject.jelP17en
dc.subject.ddc330en
dc.subject.keywordunemploymenten
dc.subject.keywordlabour marketen
dc.subject.keywordfinancial factorsen
dc.subject.keywordinstitutional interactionsen
dc.subject.keywordpanel VARen
dc.subject.stwArbeitsmarktflexibilitäten
dc.subject.stwFinanzintermediären
dc.subject.stwArbeitslosigkeiten
dc.subject.stwKreditrationierungen
dc.subject.stwSchätzungen
dc.subject.stwOECD-Staatenen
dc.titleLabour market institutions and unemployment: Does finance matter?-
dc.typeWorking Paperen
dc.identifier.ppn665250215en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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