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This paper investigates a dynamic general equilibrium model with search. In particular, search externalities are reßected by an increasing returns to scale matching function, which may imply an indeterminate equilibrium. Hence, the model is capable to generate business ßuctuations, driven by...
Persistent link: https://www.econbiz.de/10009635902
This paper develops a model with multiple steady states (low tax and unemployment rate versus high tax and unemployment rate) in which equilibrium selection is not conditioned on a sunspot variable. Instead, large enough shocks initiate unavoidable transitions from one regime to the other. The...
Persistent link: https://www.econbiz.de/10009635968
general equilibrium model that integrates a theory of equilibrium unemployment into a monetary model with nominal price …
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Structures of education, vocational training and adult education systems in Europe For anyone trying to understand the general organisation of education systems in Europe, these monographs set out in some 40 pages for each country, full basic and regularly updated information on its own...
Persistent link: https://www.econbiz.de/10009636297
In the second half of 1999 Statistics Netherlands carried out an ad hoc project on environment-related employment in … the Netherlands. The European Commission co-financed this project under the Community programme Environmental protection … and employment. Direct environment-related employment in the Netherlands estimated at least at 92,000 (end of 1997), which …
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Anti-islamic reactions in the EU after the terrorist acts against the USA observed in The Netherlands …
Persistent link: https://www.econbiz.de/10009638511