This paper explores the impact of policies and institutions on unemployment in OECD countries over the past decades. Reduced-form unemployment equations, consistent with standard wage setting/price-setting models, are estimated using cross-country/time-series data from 21 OECD countries over the...

This paper is aimed to examine how individual unemployment is influenced both by location in a deprived neighborhood and public housing. Our identification strategy is twofold. First, because we estimate a simultaneous probit model of public housing accommodation, type of neighborhood, and...

The present paper examines the meaning and usefulness of the concept of a New Economy. This construct, which first began to appear in the media in the mid-1990s, is utilised today with a variety of definitions and intentions. Having identified three possible denotations or orientations relating...

This paper questions the ability of the standard HOS model to explain changes in the labor shares (LS) of income in OECD countries. We use the Davis (1998) model where there is a wage rigidity in a sub-group of countries. We show that trade openness with developing countries reduces LS in...

This paper examines the causality relationship between immigration, unemployment and economic growth of the host country. We employ the panel Granger causality testing approach of Kónya (2006) that is based on SUR systems and Wald tests with country specific bootstrap critical values. This...

This paper examines the influence of political ideology on economic growth in the French democracy since 1871. It does so by addressing three main issues : the property and the reliability of a political ideology index in the long-run, the robustness of the relationship between ideology and...

This paper examines empirically the interaction between immigration and host country economic conditions. We employ a panel VAR techniques to use a large annual dataset on 22 OECD countries over the period 1987-2009. The VAR approach allows to addresses the endogeneity problem by allowing the...

In order to explain the spatial inequalities in unemployment-to-work transitions in the Paris area, we use an exhaustive administrative data set from the French National Employment Agency (Agence Nationale pour l'Emploi). We find strong local disparities between communes, even when we control...

The French pattern of early transitions out of employment is basically explained by the low age at “normal” retirement and by the importance of transitions through unemployment insurance and early-retirement schemes before access to normal retirement. These routes have exempted French...

Alternative currencies continue to develop all around the world, taking various forms (material or immaterial) and ful ll various functions. They are created in order to promote the local economy development and to ght against social exclusion. They are principally aimed to low income people...