A longstanding puzzle of empirical economics is that average labor productivity de­clines during recessions and increases during booms. This paper provides a framework to assess the empirical importance of competing hypotheses for explaining the observed pro­cyclicality. For each competing...

The phenomenon of migrant entrepreneurship refers to business activities undertaken by migrants with a specific socio-cultural and ethnic background or migrant origin. The studies on migrant entrepreneurship in both the US and Europe have recognized the significant share of immigrants in SME...

In this paper we discuss the Dutch social-economic model that has proved so successful in recent years. We pay special attention to the reform of the social security system and to the role of formal Institutions for Policy Coordination. The Dutch experience learns that in redesigning social...

Het economisch nut van sociale zekerheid wordt in navolging van Okun vaak afgeschilderd als een afruil tussen gelijkheid en efficiency. Sociale zekerheidsvoorzieningen kunnen daarentegen ook de dynamiek in de economie ten goede komen en zo bijdragen aan betere economische prestaties (de...

This paper develops a national accounting system for the construction of consistent time series data for worker and job flows at the macro level. The construction method is applied for The Netherlands, and is based on the availability of actual time series and a number of additional assumptions....

This paper documents two new findings linking firm-size and gender pay gaps to informal employment using micro-level data from Turkey. First, we show that the firm-size wage gap, defined as larger firms paying higher wages to observationally equivalent workers, is greater for informal employment...

This article examines some of the key factors that will influence Australia's potential employment growth rate over the medium term. This includes the outlook for labour force growth, particularly in the light of demographic factors.

Despite a series of broad and deep macroeconomic and microeconomic reforms boosting Australia's productivity growth, the level of Australia’s GDP per capita remains well below that of the United States. A continuing gap in the levels of productivity plays a central role in explaining...