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

Steve Nickell and Jan van Ours

Economic Policy, 2000, vol. 15, issue 30, 136-180

Abstract: Summary Falling unemployment The Dutch and British casesUnemployment rates in both the UK and the Netherlands have declined substantially since the early 1980s. This has been a decline in equilibrium unemployment, the result of 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. The main overlap is in the popularity of part-time work and the re-enforcement of financial incentives for work for unemployed workers collecting benefits.— Steve Nickell and Jan van Ours

Date: 2000
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