Do Flexible Labor Markets Indeed Reduce Unemployment? A Robustness Check

References

• Baccaro , L. and Rei , D. 2005 . “Institutional Determinants of Unemployment in OECD Countries: A Time Series Cross-section Analysis,” . ILO Discussion Paper 160/2005
   Google Scholar
• Baccaro , L. and Rei , D. 2007 . “Institutional Determinants of Unemployment in OECD Countries: Does the Deregulatory View hold Water?,” . International Organization , 61 Summer : 527 – 569 .
   Web of Science ®Google Scholar
• Baker , D. , Glyn , A. , Howell , D. R. and Schmitt , J. 2005 . “Labor Market Institutions and Unemployment: A Critical Assessment of the Cross-country Evidence,” . In Fighting Unemployment , Edited by: Howell , D. R. 72 – 118 . Oxford : Oxford University Press .
   Google Scholar
• Belot , M. and van Ours , J. C. 2001 . “Unemployment and Labour Market Institutions: An Empirical Analysis,” . Journal of the Japanese and International Economies , 15 ( 4 ) : 403 – 418 .
   Web of Science ®Google Scholar
• Belot , M. and van Ours , J. C. 2004 . “Does the Recent Success of Some OECD Countries in Lowering their Unemployment Rates Lie in the Clever Design of Their Labour Market Reforms?” . Oxford Economic Papers , 56 : 621 – 642 .
   Web of Science ®Google Scholar
• Blanchard , O. and Wolfers , J. 2000 . “The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence,” . Economic Journal , 110 March : C1 – C33 .
   Web of Science ®Google Scholar
• Bruno , G. S. F. 2005a . “Approximating the Bias of the LSDV Estimator for Dynamic Unbalanced Panel Data Models,” . Economic Letters , 87 : 361 – 366 .
   Web of Science ®Google Scholar
• Bruno , G. S. F. 2005b . “Estimation and Inference in Dynamic Unbalanced Panel Data Models with a Small Number of Individuals,” . Stata Journal , 5 : 473 – 500 .
   Web of Science ®Google Scholar
• Carlin , W. and Soskice , D. 1990 . Macroeconomics and the Wage Bargain: A Modern Approach to Employment, Inflation and the Exchange Rate , Oxford : Oxford University Press .
   Google Scholar
• Feldmann , H. 2009 . “The Unemployment Effects of Labor Market Regulation Around the World,” . Journal of Comparative Economics , 37 : 76 – 90 .
   Web of Science ®Google Scholar
• Freeman , R. 2010 . “Labor Regulations, Unions, and Social Protection in Developing Countries: Market Distortion or Efficient Institutions,” . In Handbook of Development Economics , Edited by: Rodrik , D. and Rosenzweig , M. R. Vol. 5 , 4657 – 4702 . North-Holland : Elsevier .
   Google Scholar
• Hausman , J. A. 1978 . “Specification Tests in Econometrics,” . Econometrica , 46 ( 6 ) : 1251 – 1271 .
   Web of Science ®Google Scholar
• Howell , D. R. , Baker , D. , Glyn , A. and Schmitt , J. 2007 . “Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence,” . Capitalism and Society , 2 ( 1 ) : 1 – 71 .
   Google Scholar
• International Monetary Fund . 2003 . “Chapter IV: Unemployment and Labour Market Institutions: Why Reforms Pay Off,” . In World Economic Outlook , 129 – 150 . Washington DC : IMF Multimedia Services .
   Google Scholar
• Kleinknecht , A. , Oostendorp , R. M. , Pradhan , M. P. and Naastepad , C. W. M. 2006 . “Flexible Labour, Firm Performance and the Dutch Job Creation Miracle,” . International Review of Applied Economics , 20 : 171 – 187 .
   Google Scholar
• Layard , R. , Nickell , S. and Jackman , R. 1991 . Unemployment: Macroeconomic performance and the Labour Market , Oxford : Oxford University Press .
   Google Scholar
• Lucidi , F. and Kleinknecht , A. 2010 . “Little Innovation, Many Jobs: An Econometric Analysis of the Italian Labour Productivity Crisis,” . Cambridge Journal of Economics , 34 ( 3 ) : 525 – 546 .
   Web of Science ®Google Scholar
• McCloskey , D. N. and Ziliak , S. T. 1996 . “The Standard Error of Regressions,” . Journal of Economic Literature , 34 : 97 – 114 .
   Web of Science ®Google Scholar
• Michie , J. and Sheehan , M. 2003 . “Labour Market Deregulation, ‘Flexibility’ and Innovation,” . Cambridge Journal of Economics , 27 : 123 – 148 .
   Web of Science ®Google Scholar
• Nickell , S. 1981 . “Biases in Dynamic Models with Fixed Effects,” . Econometrica , 49 ( 6 ) : 1417 – 1426 .
   Web of Science ®Google Scholar
• Nickell , S. 1997 . “Unemployment and Labor Market Rigidities: Europe versus North America,” . Journal of Economic Perspectives , 11 ( 3 ) Summer : 55 – 74 .
   Web of Science ®Google Scholar
• Nickell , S. , Nunziata , L. and Ochel , W. 2005 . “Unemployment in the OECD Since the 1960s. What do We Know?” . Economic Journal , 115 January : 1 – 27 .
   Web of Science ®Google Scholar
• Nunziata , L. 2005 . “Institutions and Wage Determination: A Multi-country Approach,” . Oxford Bulletin of Economics and Statistics , 67 ( 4 ) : 435 – 466 .
   Web of Science ®Google Scholar
• OECD . 1994 . The OECD Jobs Study. Facts, Analysis, Strategies , Paris : OECD Publications .
   Google Scholar
• OECD . 2006 . Employment Outlook , Paris : OECD Publications .
   Google Scholar
• Palma , J. G. 2009 . “The Revenge of the Market on the Rentiers. Why Neo-liberal Reports of the End of History Turned Out to be Premature,” . Cambridge Journal of Economics , 33 : 829 – 869 .
   Web of Science ®Google Scholar
• Rowthorn , R. E. 1999 . “Unemployment, Wage Bargaining and Capital Substitution,” . Cambridge Journal of Economics , 23 : 413 – 425 .
   Web of Science ®Google Scholar
• Scarpetta , S. , Elmeskov , J. and Martin , J. P. 1996 . “Assessing the Role of Labor Market Policies and Institutional Settings on Unemployment: A Cross Country Study,” . OECD Economic Studies , 26 : 43 – 98 .
   Google Scholar
• Storm , S. and Naastepad , C. W. M. 2009a . “The NAIRU, Demand and Technology,” . Eastern Economic Journal , 35 ( 3 ) : 309 – 337 .
   Google Scholar
• Storm , S. and Naastepad , C. W. M. 2009b . “Labour Market Regulation and Labour Productivity Growth: Evidence for 20 OECD Countries 1984–2004,” . Industrial Relations , 48 ( 4 ) : 629 – 654 .
   Web of Science ®Google Scholar
• Vergeer , R. and Kleinknecht , A. 2011 . “The Impact of Labor Market Deregulation on Productivity: A Panel Data Analysis of 19 OECD Countries (1960–2004),” . Journal of Post-Keynesian Economics , 33 ( 2 ) : 369 – 404 .
   Web of Science ®Google Scholar
• Zhou , H. , Dekker , R. and Kleinknecht , A. 2011 . “Flexible Labor and Innovation Performance: Evidence from Longitudinal Firm-level Data,” . Industrial and Corporate Change , 20 ( 3 ) : 941 – 968 .
   Web of Science ®Google Scholar