KONJUNKTURANALYSE FOR BORNHOLM, 1987 TIL 1996. KAPITEL 3 ARBEJDSMARKEDET PÅ BORNHOLM 1987 TIL 1996.

Using the seminal work of Blanchard and Katz on regional development as a frame a <p> small number of macro economic key figures are looked upon for Bornholm, the Capital Area and <p> the country. The model used is presented and even though the analysed time period is short, a <p> comparison is made with the hypotheses or predictions of the model regarding employment, rate of <p> unemployment and wages or wage incomes. Participation rates and migrations are also touched <p> upon. An expectation that a negative chock to employment on Bornholm in 1988 permanently <p> reduced the level of employment has not been confirmed; rather it seems that negative trends are <p> found for Bornholm and for Københavns Amt. The data do not show a return to equilibrium values <p> of relative wages and rates of unemployment after a business cycle.