Unemployment in the OECD
研究了经合组织国家在最近经济衰退中的失业变化，发现严格的就业保护立法、高集体谈判覆盖率和工作分享安排有助于抑制失业上升，慷慨的失业福利也有此效果，但需修正搜索理论模型。
This article examines the course of unemployment in OECD countries during the recent recession. The severity of the recession and the strength of macro policy responses varied from country to country. However, even after correcting for these differences, unemployment experiences were various. Unemployment generally rose by less in those countries which had strict employment protection legislation, as it did in those countries with relatively high collective-bargaining coverage. Various forms of work-sharing also helped some countries to dampen the rise in unemployment. So did increasing the generosity of out-of-work benefit arrangements. The latter finding suggests that search theoretic approaches need to be modified. Institutions do matter and not just in the short run. Hysteresis effects could project their influence into the medium term. Copyright 2011, Oxford University Press.