000			04230nam a2200457Ka 4500
001			bslw06333517
003			UtOrBLW
005			20210303085433.0
006			m d
007			cr un|||||||||
008			101115s1998 enka ob 001 0 eng d
020			_a9781849508476 (electronic bk.) : _c£69.95 ; €102.95 ; $124.95
040			_aUtOrBLW _cUtOrBLW
043			_ae-ne---
050		4	_aHD5792 _b.E97 1998
072		7	_aKCFM _2bicssc
072		7	_aKCB _2bicssc
072		7	_aSCI034000 _2bisacsh
072		7	_aBUS039000 _2bisacsh
080			_a331.56(492)
082	0	4	_a331.1209492 _222
245	0	0	_aExplaining unemployment _h[electronic resource] : _beconometric models for the Netherlands / _cedited by D.A.G. Draper.
260			_aBingley, U.K. : _bEmerald, _c1998.
300			_a1 online resource (xviii, 281 p.) : _bill.
490	1		_aContributions to economic analysis, _x0573-8555 ; _vv. 250
504			_aIncludes bibliographical references (p. 267-278) and index.
505	0		_aIntroduction / D.A.G. Draper -- Exports / D.A.G. Draper -- Unemployment in a small macroeconomic disequilibrium model / D.A.G. Draper -- Imports / D.A.G. Draper -- Consumption / D.A.G. Draper -- Wages, prices and factor demand / D.A.G. Draper -- The equilibrium unemployment rate in a small economical model / D.A.G. Draper -- Structural changes in the demand for labour / D.A.G. Draper -- Equilibrium unemployment in a small theoretical model / D.A.G. Draper.
520			_aEurope'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 book contributes to this investigation with its empirical analysis covering three important topics. The first part of the book investigates whether (macro) economic policies could be effective in reducing unemployment in the short run. This depends on the cause of unemployment: is it due to lack of demand for goods, or is it due to a shortage of capacity. Another question is whether macroeconomic policies can be directed to one side of the market. The high rate of unemployment among low-skilled workers is the topic of the second part of this book. How important is the impact of wage inflexibility at the lower tail of the income distribution due to institutional factors? To what extent is it caused by skill-biased technological change? 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.
588	0		_aPrint version record
650		7	_aScience _xHistory. _2bisacsh
650		7	_aBusiness & Economics _xEconomics _xMacroeconomics. _2bisacsh
650		7	_aEmployment & unemployment. _2bicssc
650		7	_aMacroeconomics. _2bicssc
650		0	_aUnemployment _zNetherlands.
650		0	_aEconometric models _zNetherlands.
700	1		_aDraper, D. A. G.
776	1		_z9780444506924
830		0	_aContributions to economic analysis ; _vv. 250.
856	4	0	_uhttps://www.emerald.com/insight/publication/doi/10.1108/S0573-8555(1998)250
913			_1BMEbacklist
999			_c32201 _d32201