In this study we construct a business cycle indicator for the Netherlands. The Christiano-Fitzgerald bandpass filter is employed to isolate the cycle using the definition of business cycle frequencies as waves with lengths longer than 3 years and shorter than 11 years. The coincident business...

This study analyses the dynamic characteristics of staffing employment across different business sectors and across different geographical regions in the Netherlands. We analyse a micro data set of the market leader of the Dutch staffing employment market, i.e. Randstad. We apply the dynamic...

In the mid ninetees unemployment substantially decreased in some EMU-countries, notably in Ireland, Spain and the Netherlands. One important factor underlying this development is wage moderation. This paper investigates wage formation and wage development. Using a theoretical wage bargaining...

This paper examines whether the preliminary releases of GDP incorporate efficiently all available information or whether the preliminary estimates contain information that can be useful in predicting forthcoming GDP data revisions. Forecast rationality tests are applied to distinguish between...

This paper employs concepts from information theory to choosing the dimension of a data set. We propose a relative information measure connected to Kullback-Leibler numbers. By ordering the series of the data set according to the measure, we are able to obtain a subset of a data set that is most...