Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/149257 
Year of Publication: 
2016
Series/Report no.: 
CESifo Working Paper No. 6170
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
This paper painstakingly restores a vintage empirical model of unemployment determination by interacting shocks and institutions, and runs it on recent data featuring dramatic shocks and controversial institutional change. Theoretical insights and empirical results suggest that reforms and capital flows contribute sensible and interrelated explanations for the recent twists and turns of unemployment rates in Europe and elsewhere.
JEL: 
E24
Document Type: 
Working Paper
Appears in Collections:

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.