Erken, Hugo; Loon, Eric van; Verbeek, Wouter - Centraal Planbureau (CPB), Government of the Netherlands - 2015
The Great Recession has caused unemployment in the Netherlands to rise from 3.1% in 2008 to over 7% at the beginning of 2014. Structural imbalances caused by labour mismatch could be one of the explanations underlying this high rate.
The goal of this paper is to examine this hypothesis. We...