首页    期刊浏览 2024年12月01日 星期日
登录注册

文章基本信息

  • 标题:How do institutions affect structural unemployment in times of crises?
  • 本地全文:下载
  • 作者:Furceri Davide ; Mourougane Annabelle
  • 期刊名称:Panoeconomicus
  • 印刷版ISSN:1452-595X
  • 出版年度:2012
  • 卷号:59
  • 期号:4
  • 页码:393-419
  • DOI:10.2298/PAN1204393F
  • 出版社:Savez ekonomista Vojvodine
  • 摘要:

    This paper examines the effect of economic crises on structural unemployment using an Autoregressive Distributed Lags model and accounting for the role of institutional settings on an unbalanced panel of 30 OECD economies from 1960 to 2006. We found that downturns have, on average, a significant positive impact on the level of structural unemployment rate. The maximum impact varies with the severity of the downturn. Institutions (such as employment protection legislation, average replacement ratio and product market regulation) influence both the extent of the initial shock and the adjustment pattern in the aftermath of an economic downturn.

  • 关键词:crisis; structural unemployment; institutions; employment protection legislation
国家哲学社会科学文献中心版权所有