Crises, labor market policy, and unemployment / prepared by Lorenzo E. Bernal-Verdugo, Davide Furceri, and Dominique Guillaume.

Crises, labor market policy, and unemployment /

Using a sample of 97 countries spanning the period 1980-2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with flexible labor market institutions, whereas the impact of finan...

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Bibliographic Details
Main Authors: Bernal-Verdugo, Lorenzo E. (Author), Furceri, Davide (Author), Guillaume, Dominique (Author)
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, ©2012.
Series:IMF working paper ; WP/12/65.
Subjects:
Financial crises > Econometric models.
Unemployment > Econometric models.
Labor market > Econometric models.
Manpower policy.
Online Access: Full text (Wentworth users only)
Local Note:ProQuest Ebook Central

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