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Europe's notoriously high level of unemployment is one of the big puzzles of empirical macroeconomics. In recent years …, the unemployment rate has fallen in The Netherlands, but the overall level in OECD Europe remains high. An investigation … into why Dutch economic policy has been relatively effective could be useful for the unemployment debate in Europe. This …
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, such as involuntary unemployment, imported goods in the consumption bundle and a new identified vector auto …
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