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This paper examines the endogeneity of several structural variables which enter unemployment rate equations—the generosity of unemployment benefits, nonwage labor costs, the relative minimum wage, and the degree of unionization. It finds evidence of reverse causality for these structural...
Persistent link: https://www.econbiz.de/10014396024
This paper presents empirical estimates of the policy and structural determinants of the natural rate of unemployment in Canada. The paper begins with a discussion of structural features of the economy which impinge on the adjustment of real wages to their equilibrium level. Estimates are...
Persistent link: https://www.econbiz.de/10014396305
The Netherlands has a long-standing legal framework concerning Anti-Money Laundering and Combating the Financing of …
Persistent link: https://www.econbiz.de/10014401005
confidence and growth in the Kingdom of the Netherlands—Netherlands Antilles. Although exports moderated temporarily, tourism was … Netherlands government under the dissolution agreement to set the budget and the economy on a more sustainable footing …
Persistent link: https://www.econbiz.de/10014403574
The Netherlands showed strong growth and employment performance owing to its fiscal consolidation and structural …
Persistent link: https://www.econbiz.de/10014404488
Aruba is one of the most developed islands in the Caribbean. Still, it is vulnerable to external shocks owing to its heavy dependence on tourism and a steady increase in public debt. Policies to support further fiscal consolidation and boost Aruba’s growth potential are needed. Maintaining...
Persistent link: https://www.econbiz.de/10014404490
The 2007 Article IV Consultation with the Kingdom of the Netherlands explains fiscal policy and financial sector issues … implementation of supervision in the Netherlands are international best practice …
Persistent link: https://www.econbiz.de/10014404495
The Netherlands showed economic recovery, supported by strong polices, public finances, and structural reforms …
Persistent link: https://www.econbiz.de/10014404659
The Selected Issues paper of the Netherlands provides an overview of the Dutch pension system. It examines the … past macroeconomic performance of the Netherlands, addresses the issues of wage dispersion and differentiation, and … discusses future prospects and challenges for the bargaining model. It also estimates the potential growth in the Netherlands …
Persistent link: https://www.econbiz.de/10014406569
Following several years of expansion, the Dutch economy is in its third year of weak growth. Executive Directors commended the authorities on prudent economic policy, and advised for fiscal consolidation in view of population aging. They welcomed the multiyear fiscal framework, and underscored...
Persistent link: https://www.econbiz.de/10014406571