Unemployment

−0.4293128*

(−1.74)

Pensions as % of GDP

0.0262941

(0.13)

Profit tax

0.0282127

(0.37)

Public debt

0.0410753

(1.47)

Constant

61.91975***

(5.34)

89.95344***

(87.44)

90.10035***

(76.63)

87.15879***

(33.10)

80.19324***

(8.82)

86.21189***

(31.36)

93.03231***

(78.92)

99.05479***

(19.62)

97.21274***

(40.83)

94.00123***

(49.52)

91.99539***

(25.11)

90.77644***

(47.79)

Observations

20

19

20

19

19

19

18

19

20

18

20

20

Adjusted R-squared

0.2502

0.4914

0.3465

0.2418

0.0652

0.2803

0.0218

0.0055

0.0964

−0.0614

−0.0477

0.0579