Table 3 Results from OLS regression of unemployment, by LLSI and covariates

A. Crisis

 Estonia

0.001 (0.004)

0.001 (0.007)

 Greece

0.013** (0.006)

0.004 (0.008)

 Ireland

0.007 (0.005)

−0.011 (0.009)

 Latvia

0.008 (0.005)

0.007 (0.007)

 Lithuania

0.000 (0.005)

−0.018** (0.007)

 Spain

0.015*** (0.004)

−0.006 (0.005)

B. Mild crisis

 Bulgaria

−0.037** (0.017)

−0.013** (0.007)

 Cyprus

0.003 (0.005)

0.004 (0.006)

 Denmark

0.026*** (0.006)

0.020** (0.007)

 Hungary

−0.010** (0.004)

−0.000 (0.004)

 Iceland

−0.002 (0.005)

−0.005 (0.010)

 Portugal

0.008 (0.006)

0.017** (0.006)

 Slovenia

0.045*** (0.007)

0.037*** (0.007)

 U.K.

0.003 (0.003)

0.005 (0.003)

C. Small increase

 Czech Republic

0.021*** (0.004)

0.017*** (0.004)

 France

0.018*** (0.004)

0.015*** (0.004)

 Italy

0.004 (0.003)

0.011** (0.003)

 Slovakia

0.009 (0.006)

0.009 (0.005)

 Sweden

0.016** (0.005)

0.031*** (0.006)

D. No crisis

 Austria

0.021*** (0.004)

0.040*** (0.004)

 Belgium

0.035*** (0.006)

0.038*** (0.006)

 Finland

0.012** (0.006)

0.014** (0.006)

 Germany

0.034*** (0.004)

0.039*** (0.003)

 Luxembourg

0.026*** (0.007)

0.037*** (0.006)

 Netherlands

0.010*** (0.003)

0.010** (0.003)

 Norway

0.003 (0.004)

0.015** (0.005)

 Poland

−0.007* (0.004)

−0.007* (0.004)

 Romania

−0.001 (0.004)

−0.002 (0.003)