Why has unemployment in the Netherlands and the United Kingdom fallen so much?
Nickell, Stephen; and van Ours, Jan
(2000)
Why has unemployment in the Netherlands and the United Kingdom fallen so much?
Canadian Public Policy, 26 (Supple).
pp. 201-220.
ISSN 0317-0861
The Netherlands and the United Kingdom have experienced a major decline in unemployment rates since the early 1980s. Over the same period, there was also a strong decline in non-employment rates. Since in most other countries of the European Union such declines did not occur there is something of an unemployment miracle in both countries. Combinations of supply-oriented policies causing a significant reduction of equilibrium unemployment rates in both countries are responsible for this.
| Item Type | Article |
|---|---|
| Departments | Centre for Economic Performance |
| Date Deposited | 04 Dec 2008 11:14 |
| URI | https://researchonline.lse.ac.uk/id/eprint/18881 |