Explaining High Unemployment in ECCU Countries

Explaining High Unemployment in ECCU Countries
In recent years, unemployment rates in some ECCU countries have been among the highest globally. This paper evaluates several factors that could explain them, finding that high unit labor costs, in a context of strong unionization, are significantly associated with high structural unemployment, while the global crisis added a cyclical component.... READ MORE...

Publication date: July 2019
ISBN 9781498318709
$18.00

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