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The Netherlands and the United Kingdom : a European unemployment miracle?

Abstract:

The unemployment rates in both the UK and the NL have declined substantially since the early 1980s. In this paper we argue that this is because of a significant reduction in the equilibrium unemployment rate, which was itself due to combinations of supply-oriented policies. The combinations are partly overlapping and partly differing between the two countries. The main difference is in wage negotiations. Where the Dutch unions were already co-operative, British unions were made to co-operate....

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Publisher:
Tilburg University
Volume:
119
Series:
Tilburg University, Center for Economic Research, Discussion Paper
Host title:
Tilburg University, Center for Economic Research, Discussion Paper
Publication date:
1999-01-01
Paper number:
119
Language:
English
UUID:
uuid:06cbceb2-79b0-4e49-b428-f9da8ec62a4c
Local pid:
oai:economics.ouls.ox.ac.uk:12086
Deposit date:
2011-08-16

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