This paper investigates the endogeneity of output in the context of the standard dynamic labour-demand model. Using a panel of Dutch firms, we find that the assumption of endogeneity of output cannot be rejected, so that an adjusted procedure has to be followed in which information on the output...

We structurally analyze a job search model for unemployed individuals that allows jobs to have different wage/commuting-time combinations. The structural parameter of interest is the willingness to pay for commuting time. We use a unique dataset containing subjective responses on the optimal...

In this paper we apply the flow approach to the Dutch labour market using two sets of regional data. From the first set we estimate matching functions for unemployed using data on the period 1980-1993. Using the second dataset we compare matching functions for unemployed and employed job seekers...

A flow model of the Dutch labour market is used to calculate the effects of policy options which aim to enhance employment, especially at the lower end of the labour market. The model distinguishes between good and bad jobs, allows for endogenous wage formation and job creation, and describes...