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In this paper we apply the flow approach to the Dutch labour market using two sets of regional data. From the first set we estimate matching functions for unemployed using data on the period 1980-1993. Using the second dataset we compare matching functions for unemployed and employed job seekers...
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This paper analyzes the impact of supply shocks, demand shocks and policy shocks on labour market dynamics, using a consistent macroeconomic flow model of the Dutch labour market. The long run properties of the model mimic those of the theoretical equilibrium search models, with endogenous...
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