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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2019.1
- 수록면
- 431 - 454 (24page)
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Reducing rigidity in labor markets is key to lowering unemployment. Theoretical models suggest that the impact of such reforms depends on the country-specific regulatory framework. We test this hypothesis by estimating the impact of changes in six categories of regulation conditional on the country-specific regulatory environment for 26 OECD countries. We overcome problems of modeling a large set of institutional interdependencies by applying a machine learning type model selection approach. We provide evidence for the existence of higher-order institutional interdependencies. We further document that especially for changes in employment protection and the unemployment benefit system the impact on unemployment is mixed across countries.
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참고문헌 (38)
참고문헌 신청
Acosta-González E. / 2007 / Model selection via genetic algorithms illustrated with cross-country growth data / Empirical Economics 33(2):313~337
Amable B. / 2011 / The effect of employment protection and productmarket regulation on labour market performance: Substitution or complementarity? / Applied Economics 43(4):449~464
Andersen T. M. / 2007 / Flexicurity: Labour market performance in denmark / CESifo Economic Studies 53(3):389~429
Arellano M. / 1991 / Some tests of specification for panel data:Monte carlo evidence and an application to employment equations / Review of Economic Studies 58(2):277~297
Arpaia A. / 2012 / Institutions and performance in european labour markets: Taking a fresh look at evidence / Journal of Economic Surveys 26(1):1~41
Amable B. / 2011 / The effect of employment protection and productmarket regulation on labour market performance: Substitution or complementarity? / Applied Economics 43(4):449~464
Andersen T. M. / 2007 / Flexicurity: Labour market performance in denmark / CESifo Economic Studies 53(3):389~429
Arellano M. / 1991 / Some tests of specification for panel data:Monte carlo evidence and an application to employment equations / Review of Economic Studies 58(2):277~297
Arpaia A. / 2012 / Institutions and performance in european labour markets: Taking a fresh look at evidence / Journal of Economic Surveys 26(1):1~41
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