Jump to ContentJump to Main Navigation
Fighting UnemploymentThe Limits of Free Market Orthodoxy$
Users without a subscription are not able to see the full content.

David Howell

Print publication date: 2005

Print ISBN-13: 9780195165845

Published to Oxford Scholarship Online: July 2005

DOI: 10.1093/0195165845.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 22 June 2021

 Labor Market Institutions and Unemployment: Assessment of the Cross‐Country Evidence

 Labor Market Institutions and Unemployment: Assessment of the Cross‐Country Evidence

Chapter:
(p.72) 3. Labor Market Institutions and Unemployment: Assessment of the Cross‐Country Evidence
Source:
Fighting Unemployment
Author(s):

Dean Baker

Andrew Glyn

David R. Howell

John Schmitt

Publisher:
Oxford University Press
DOI:10.1093/0195165845.003.0003

Chapter 3 takes up the question of the robustness of the cross-country evidence for the orthodox claim that labor market institutions explain the pattern of unemployment across the affluent countries. A detailed survey of the most influential cross-country statistical studies finds a wide range of results that are highly sensitive to the nature of the variables, the time period, and the econometric method employed. Simple scatter plots of unemployment against six standard measures of labor market institutions for five-year periods between 1980 and 1999 show no significant relationships. In their multivariate tests, which follow standard approaches, the authors find weak and even perverse effects of the standard institutional variables. They conclude that “the empirical case has not been made that could justify the sweeping and unconditional prescriptions for labor market deregulation which pervade much of the policy discussion.”

Keywords:   welfare state, labor market, regulation, deregulation, unemployment, employment, labor market institutions, unemployment benefits, employment protection

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .