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Roots of the Recent Recoveries: Labor Reforms, Sound Public Finance or Private Sector Forces?
BibTeX
@MISC{Columbia_rootsof,
author = {Edmund Phelps Columbia and Edmund Phelps and Jean Paul Fitoussi and David Jestaz and Observatoire Français and Observatoire Français and Conjonctures Économiques and Conjonctures Économiques},
title = {Roots of the Recent Recoveries: Labor Reforms, Sound Public Finance or Private Sector Forces?},
year = {}
}
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Abstract
this paper will try to gauge the strength of the average relationship between the stock market and employment growth in the OECD countries and proceed to investigate whether disparities in the size of the stock market booms are broadly consistent with the selectivity, unevenness and timing of the recent recoveries. Of course, this relationship will not be tight-fitting so it is desirable to try to identify factors blocking some non-recovering countries 12
