Hostname: page-component-cd9895bd7-dk4vv Total loading time: 0 Render date: 2024-12-22T19:24:00.102Z Has data issue: false hasContentIssue false
  • English
  • Français

Differing European Unemployment Rates: the Case of the Netherlands and Norway

Published online by Cambridge University Press:  28 November 2008

Gunnar Fløystad
Gunnar Fløystad
Affiliation:
late Economics, Norwegian School of Economics and Business Administration, Bergen
Get access Rights & Permissions [Opens in a new window]

Abstract

In discussing unemployment problems the current literature tends to emphasise supply shocks and real wage rigidity, hysteresis, failure of relative wages to adjust to market conditions and labour market regulations as important reasons of unemployment. By making a comparative study of the unemployment problems in the Netherlands and Norway, this study emphasises the protection of industries, real interest rates and government fiscal policy as important factors explaining the difference in unemployment between the two countries.

Type
Articles
Information
Journal of Public Policy , Volume 11 , Issue 3 , July 1991 , pp. 331 - 343
Copyright
Copyright © Cambridge University Press 1991

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Blanchard, O. J. and Summers, L. H., 1986. ‘Hysteresis and the European Unemployment Problem’, in Fischer, S. (ed.), NBER Macro-economic Annual 1986. M.I.T. Press, Cambridge, Mass., 15–84.Google Scholar
Bruno, M. and Sachs, J., 1985, The Economics of Worldwide Stagflation. Harvard University Press, Cambridge, Mass.CrossRefGoogle Scholar
Calmfors, L. and Layard, R. (eds.), 1987, The Fight Against Unemployment. M.I.T. Press, Cambridge, Mass.Google Scholar
van Eck, R. and Kazemier, B., 1988, ‘Features of the Hidden Economy in the Netherlands’, Review of Income and Wealth, 34, Sept., 251–73.CrossRefGoogle Scholar
Kremers, J. J. M., 1986, ‘The Dutch Disease in the Netherlands’, in Neary, J. P. and van Wijnbergen, S. (eds.), Natural Resources and the Macroeconomy. Oxford: Blackwell, 96–141.Google Scholar
Lindbeck, A. and Snower, D. J., 1986, ‘Wage Setting Unemployment and Insider-Outsider Relations’, in Papers and Proceedings, American Economic Review, 76, 235–39.Google Scholar
OECD, 1986, ‘Concealed Employment’, OECD Employment Outlook.Google Scholar
O'Higgins, M., ‘The Relationship between the Formal and Hidden Economics’ in Gaertner, and Wenig, (eds.), The Economic of the Shadow Economy. Spring-Verlag, Berlin, 127–43.Google Scholar