407
Views
6
CrossRef citations to date
0
Altmetric
Original Articles

Macroeconomic policy in recessions and unemployment hysteresis

References

  • Arellano, M. (1987) Computing robust standard errors for within-groups estimators, Oxford Bulletin of Economics and Statistics, 49, 431–4. doi:10.1111/j.1468-0084.1987.mp49004006.x
  • Baccaro, L. and Rei, D. (2007) Institutional determinants of unemployment in OECD countries: does the deregulatory view hold water?, International Organization, 61, 527–69. doi:10.1017/S0020818307070221
  • Ball, L. (1999) Aggregate demand and long-run unemployment, Brookings Papers on Economic Activity, 30, 189–252. doi:10.2139/ssrn.1171300
  • Ball, L., Furceri, D., Leigh, D. et al. (2013) The distributional effects of fiscal consolidation, IMF Working Paper No. 151, International Monetary Fund, Washington, DC.
  • Bassanini, A. and Duval, R. (2006) Employment patterns in OECD countries: reassessing the role of policies and institutions, OECD Economics Department Working Paper No. 486, OECD, Paris.
  • Bassanini, A. and Duval, R. (2009) Unemployment, institutions, and reform complementarities: re-assessing the aggregate evidence for OECD countries, Oxford Review of Economic Policy, 25, 40–59. doi:10.1093/oxrep/grp004
  • Baum, A., Poplawski-Ribeiro, M. and Weber, A. (2012) Fiscal multipliers and the state of the economy, IMF Working Paper No. 286, International Monetary Fund, Washington, DC.
  • Bertrand, M., Duflo, E. and Mullainathan, S. (2004) How much should we trust differences-in-differences estimates?, The Quarterly Journal of Economics, 119, 249–75. doi:10.1162/003355304772839588
  • Cameron, A. C., Gelbach, J. B. and Miller, D. L. (2008) Bootstrap-based improvements for inference with clustered errors, The Review of Economics and Statistics, 90, 414–27. doi:10.1162/rest.90.3.414
  • DeLong, J. B. and Summers, L. H. (2012) Fiscal policy in a depressed economy, Brookings Papers on Economic Activity, 44, 233–97. doi:10.1353/eca.2012.0000
  • Elmeskov, J., Martin, J. P. and Scarpetta, S. (1998) Key lessons for labour market reforms: evidence from OECD countries’ experience, Swedish Economic Policy Review, 5, 205–52.
  • Fitoussi, J.-P., Jestaz, D., Phelps, E. S. et al. (2000) Roots of the recent recoveries: labor reforms or private sector forces?, Brookings Papers on Economic Activity, 31, 237–311.
  • Hansen, C. B. (2007) Asymptotic properties of a robust variance matrix estimator for panel data when T is large, Journal of Econometrics, 141, 597–620. doi:10.1016/j.jeconom.2006.10.009
  • Nickell, S., Nunziata, L. and Ochel, W. (2005) Unemployment in the OECD since the 1960s. What do we know?, Economic Journal, 115, 1–27. doi:10.1111/j.1468-0297.2004.00958.x
  • Reifschneider, D., Wascher, W. and Wilcox, D. (2013) Aggregate supply in the United States: recent developments and implications for the conduct of monetary policy, Federal Reserve Board Finance and Economics Discussion Series No. 77, Federal Reserve Board, Washington, DC.
  • Stockhammer, E. and Sturn, S. (2012) The impact of monetary policy on unemployment hysteresis, Applied Economics, 44, 2743–56. doi:10.1080/00036846.2011.566199
  • Visser, J. (2013) Data Base on Institutional Characteristics of Trade Unions, Wage Setting, State Intervention and Social Pacts, 1960–2011. Available at http://www.uva-aias.net/uploaded_files/regular/ICTWSScodebook40.pdf (accessed 4 March 2014).

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.