Unemployment 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...

This paper presents an analysis of the failure and completion rates of graduate students in economics at three universities in The Netherlands. We find that an indicator of the research productivity of the supervisor is an important determinant of the completion and dropout rates. However, this...