Abstract
Understanding the causes of high unemployment requires first understanding the structure of labor markets. The latter is necessarily a historical agenda, since it is only over time that one observes significant variation in the socioeconomic institutions structuring labor market outcomes. While some investigators have fruitfully adopted international comparisons as a way of gaining purchase on institutional variation, contemporary labor markets share many common features, rendering the relevant variation fairly modest.
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Eichengreen, B. (1996). Unemployment and the Structure of Labor Markets: The Long View. In: Giersch, H. (eds) Fighting Europe’s Unemployment in the 1990s. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-61134-6_1
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