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detailed applied general equilibrium model for the Netherlands. The model is empirically grounded in the data and encompasses … in the Netherlands by a flat rate will harm labour market performance if aggregate income inequality is contained. This …
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Total employment in Germany is supposed to increase if people could realize their desired working hours. However, this back-of-the-envelope calculation overestimates the effect of loosening hours constraints, because even in a very flexible labor market there will exist hours restrictions for...
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