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Explaining Unemployment

  • Livre Relié
  • 300 Nombre de pages
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Klappentext This book investigates why Dutch economic policy has been relatively effective in lower unemployment rate in the Nethe... Lire la suite
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Description

Klappentext This book investigates why Dutch economic policy has been relatively effective in lower unemployment rate in the Netherlands compared to OECD Europe. Its empirical analysis examines whether macroeconomic policies could be effective in reducing unemployment in the short run and if they can be directed to one side of the market. Zusammenfassung This book investigates why Dutch economic policy has been relatively effective in lower unemployment rate in the Netherlands compared to OECD Europe. Its empirical analysis examines whether macroeconomic policies could be effective in reducing unemployment in the short run and if they can be directed to one side of the market. Inhaltsverzeichnis Part 1: Which Macroeconomic Policy is Most Effective to Reduce Unemployment in the Short Run? Part 2: Why Did Unemployment Hit Low-Skilled Labour So Much Harder? Part 3: What Explains Persistent Unemployment?

Texte du rabat

A central issue is, again, how economic policy could contribute to reducing unemployment among low-skilled workers? The persistence of unemployment is investigated in the third part. Since the early eighties, Dutch policymakers have employed wage moderation as a remedy for unemployment in The Netherlands. Substantial cutbacks were made in the social security programme. This had a moderating effect on wages, which is thought to have contributed to employment growth. However, unemployment remained rather high up to 1997. Why didn't unemployment fall more quickly? To answer these questions, economists have developed different structural macroeconometric models. The Netherlands has a rich tradition in using macroeconomic models for policy analysis. This tradition originates in the work of Jan Tinbergen, Nobel laureate in economics, and the first director of CPB Netherlands Bureau for Economic Policy Analysis. This book, which builds on CPB's broad experience with macroeconomic modelling, makes an important contribution to this fine Dutch tradition.

Contenu

Part 1: Which Macroeconomic Policy is Most Effective to Reduce Unemployment in the Short Run? Part 2: Why Did Unemployment Hit Low-Skilled Labour So Much Harder? Part 3: What Explains Persistent Unemployment?

Informations sur le produit

Titre: Explaining Unemployment
Sous-titre: Econometric Models for the Netherlands
Auteur:
Éditeur:
Code EAN: 9780444506924
ISBN: 0444506926
Format: Livre Relié
nombre de pages: 300
Poids: 619g
Taille: H240mm x B161mm x T20mm
Année: 1998