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Unemployment in the OECD Since the 1960s. What Do We Know?*

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Author

Listed:
  • Stephen Nickell
  • Luca Nunziata
  • Wolfgang Ochel

Abstract

This paper presents an empirical analysis of unemployment patterns in the OECD countries from the 1960s to the 1990s. Our results indicate the following. First, broad movements in unemployment across the OECD can be explained by shifts in labour market institutions. Second, interactions between average values of these institutions and shocks make no significant additional contribution to our understanding of OECD unemployment changes. Copyright 2005 Royal Economic Society.

Suggested Citation

  • Stephen Nickell & Luca Nunziata & Wolfgang Ochel, 2005. "Unemployment in the OECD Since the 1960s. What Do We Know?," Economic Journal, Royal Economic Society, vol. 115(500), pages 1-27, January.
    • Handle: RePEc:ecj:econjl:v:115:y:2005:i:500:p:1-27
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    Replication

    This item has been replicated by:
  • Tino Berger & Gerdie Everaert, 2009. "A replication note on unemployment in the OECD since the 1960s: what do we know?," Empirical Economics, Springer, vol. 36(2), pages 479-485, May.

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    1. Unemployment in the OECD Since the 1960s. What Do We Know? (EJ 2005) in ReplicationWiki

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