haku: @indexterm Institutions / yhteensä: 260
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| Tekijä: | Blanchard, O. Wolfers, J. |
| Otsikko: | The role of shocks and institutions in the rise of European unemployment: the aggregate evidence |
| Lehti: | Economic Journal
2000 : MAR, VOL. 110:462, p. C1-C33 |
| Asiasana: | Economic shocks Institutions Unemployment |
| Kieli: | eng |
| Tiivistelmä: | Two key factors about European unemployment must be explained: the rise in unemployment since the 1960s, and the heterogeneity of individual country experiences. Based on a panel of institutions and shocks for 20 OECD nations since 1960 the authors find that the interaction between shocks and institutions is crucial to explaining both stylised facts. |
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