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The Global Economic Crisis: Long-Term Unemployment in the OECD
long-term unemployment global crisis labour market policies OECD
2012/10/22
This paper analyses the impact of the global economic crisis on unemployment and long term unemployment in the OECD. It uses simple econometric models using panel data (quarterly) and time series data...
During the 1990-91 recession, the long-term jobless rate was much lower than that associated with the 1981-82 contraction. However, unemployment of more than 6 months has been very slow to recover fro...
