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This study analyses Dutch employment growth and dynamics during the booming end 1990s. In this period many new jobs were created as employment growth was strongly positive. Next to these net flows of employment the gross flows of employment – i.e. the numbers of jobs created and number of jobs...
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As large physical capital stock projects need long periods to be built, a time-to-build specification is incorporated in factor demand models. Time-to-build and adjustment costs dynamics are identified since by the first moving average dynamics, whereas by the latter autoregressive dynamics are...
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