improvements in the functioning of the labor market there is not a lot of reason to worry about the recent rise in unemployment …In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this … decline are the growth of part-time labor, the reform of the benefit system and wage moderation. Nevertheless, in 2002 the …

improvements in the functioning of the labor market there is not a lot of reason to worry about the recent rise in unemployment …In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this … decline are the growth of part-time labor, the reform of the benefit system and wage moderation. Nevertheless, in 2002 the …

Our paper revisits Okun's relationship between observed unemployment rates and output gaps. We include in the … unemployment rate) over time. The Okun coefficient is not only different for young, prime-age and older workers, it decreases with … reducing the overall unemployment rate, it will also have the distributional effect of lowering youth unemployment. …

The development of the unemployment rate differs substantially between OECD countries. In recent years some countries … experienced a mild increase, other countries had a stable unemployment rate, while there are also 'successful' countries in which … the unemployment rate decreased a lot. A common feature of the successful countries is that they implemented a …