The “Dutch Model” has attracted wide international attention for its presumed ability to reduce unemployment, introduce market incentives in the former public domain, and maintain essential provisions of the welfare state. This paper documents and evaluates policy changes, labor market...

In this paper we test for risk compensation in wages using Danish panel data. With the conviction that the type of education is as important as the education length, we use a very detailed description of the type of education reached by the Danish population to calculate different measures of...

We use data from Spain to test for an effect of earnings risk and skewness on individual wages. We carry out separate estimation for men, women, public and private sector employees. In accordance with previous evidence for the US we show the existence of a risk-return trade-off across...