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flows on wage formation as alternative to the traditional specification of wage equations where unemployment represents the … Phillips-curve or wage curve-effects. We estimate a dynamic wage equation for the Netherlands using a cointegration approach …
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level in Belgium and the Netherlands. Wagemarkup pricing stemming from workers' monopoly power is more prevalent than … intensity of wage markups measured by workers' bargaining power in Belgium. …
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In this paper we estimate, for the 1989-93 period in Belgium, the effect of vocational classroom training on therate of … transition out of unemployment. We show that rationing of the demand for training increases theunemployment duration of non …
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ofunemployment in the Netherlands. One was based on statistical data of unemployment insurance funds of tradeunions and the other one …
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