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Title: Do the Institutional Features of the Labour Market Provide a Norm for Determining the Okun’s Coefficient? A Cross-country Analysis
Author: Olasolo Artero, Albert
Director: Sanromà, Esteve
Keywords: Economia
Mercat de treball
Política laboral
Treballs de fi de grau
Labor market
Labor policy
Bachelor's thesis
Issue Date: Jun-2015
Abstract: Mainly asserted by the experts, there is a common acceptance that the combination of the institutional features of the labour markets play a crucial role to determine if countries are more volatile in terms of creating and destroying employment. As a continuation of the previous assortment I tried to find out if there is any cross-country empirical relationship which relates the institutional features with the Okun’s coefficient. After estimate the Okun’s coefficients and carry out an analysis of correlation for different explanatory variables, this paper extract the conclusion that the institutional features show a not-so-clear and straightforward correlation for the different market labour features such as the EPL or the temporality, but in an indirect way by explaining the agents adaptability to the status-quo changes when facing the shocks.
Note: Treballs Finals del Grau d'Economia, Facultat d'Economia i Empresa, Universitat de Barcelona, Curs: 2014-2015, Tutor: Esteve Sanromà Meléndez
Appears in Collections:Treballs Finals de Grau (TFG) - Economia

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