The Equilibrium Rate of Unemployment in the Netherlands

@inproceedings{Broer2000TheER,
  title={The Equilibrium Rate of Unemployment in the Netherlands},
  author={Peter Niclas Broer and Nick Draper and Frederik Huizinga},
  year={2000}
}
The rise in unemployment in the 1970’s and its subsequent persistence have challenged the conventional wisdom embodied in the standard Philli ps curve, namely that equili brium unemployment is fairly constant over time. This paper attempts to explain the apparent non-constancy of equili brium unemployment by developing and estimating a structural model in which equili brium unemployment is endogenous and results from the interactions of wage bargaining and the price and employment determination… CONTINUE READING
10 Citations
14 References
Similar Papers

References

Publications referenced by this paper.
Showing 1-10 of 14 references

Unions, Real Wages and Employment in Britain 1951-79,

  • S. J. W Nickell, M. Andrews
  • Oxford Economic Papers
  • 1983
Highly Influential
5 Excerpts

Natural-Rate Theory and OECD Unemployment,

  • G E.S.
  • Zoega
  • 1998
Highly Influential
8 Excerpts

On the Rigour of Some Misspecification Tests for Modelli ng Dynamic Ralationships,

  • J. F. Kiviet
  • 1986
Highly Influential
3 Excerpts

Taxes and Benefits in a Non-Linear Wage Equation,

  • J.J.F.H
  • Huizinga
  • 1999

The Impact of Employment Tax Cuts on Unemployment and Wages : The Role of Unemployment Benefits and Tax Structure

  • E. S. Phelps
  • 1998
1 Excerpt

Structural changes in the Demand for Labor

  • G. B. A. Evans, N. E. Savin
  • 1997

The Time - Varying NAIRU and Its Implications for Economic Policy

  • F. H. Huizinga
  • 1997

What We Know and Do Not Know About the Natural Rate

  • O.J, L. F. Katz
  • 1997

The Macroeconomics of Specificity," NBER Working Paper

  • R.J, M.L
  • Hammour
  • 1996

Flexible Forms and Tests of Homogeneous Separabilit y,

  • W. Diewert, T. Wales
  • Journal of Econometrics
  • 1995
1 Excerpt

Similar Papers

Loading similar papers…