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future developments of the Dutch economy, and surveys the political-economic debate in the Netherlands. The focus is on the … unemployment problem, still unsolved and therefore important for policy analysis. Several constraints for unemployment policy …
Persistent link: https://www.econbiz.de/10005136745
We develop a general equilibrium analysis of the impact of active labour market policy on unemployment, wages and the … employed have little exposure to unemployment and if the demand for unskilled labour is inelastic, there may be political … support for policies which actually raise the equilibrium level of total unemployment. …
Persistent link: https://www.econbiz.de/10005662144
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this Paper we analyse a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005666625
specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment …
Persistent link: https://www.econbiz.de/10008506842
Netherlands we disentangle the true effect of training incidence from the spurious one determined by unobserved individual …
Persistent link: https://www.econbiz.de/10008921779
development of the Dutch economy pinpointed and the political-economic debate in the Netherlands surveyed. Ten rules for sound …
Persistent link: https://www.econbiz.de/10005281321
the recession and peaked at more than 1.5 million. Without the extensive use of short-time work, unemployment would have …
Persistent link: https://www.econbiz.de/10009147409
separate analyses for the USA, the UK, Germany and the Netherlands. We quantify the monopsony power due to search frictions and … we examine the policy effects of the minimum wage, unemployment benefits and search frictions. …
Persistent link: https://www.econbiz.de/10005281358
We study the determination of Irish inflation between 1926 and 2012. The difference between unemployment and the NAIRU …
Persistent link: https://www.econbiz.de/10011272719
We argue that firms’ balance sheets were instrumental in the propagation of shocks during the Great Recession. Using establishment-level data, we show that firms that tightened their debt capacity in the run-up (“high-leverage firms”) exhibit a significantly larger decline in employment in...
Persistent link: https://www.econbiz.de/10011252614