Netherlands : Selected Background Issues.

This paper analyzes whether the lower increase in wages was a factor in the labor productivity and employment developments in the Netherlands. It argues that there is indeed such a link: rapid wage growth leads to a substitution of capital for labor, and hence to less labor-intensive production; slo...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1995.
Series:IMF Staff Country Reports; Country Report ; No. 1995/049
Acceso en liña:Full text available on IMF
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245 1 0 |a Netherlands :   |b Selected Background Issues. 
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490 1 |a IMF Staff Country Reports 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper analyzes whether the lower increase in wages was a factor in the labor productivity and employment developments in the Netherlands. It argues that there is indeed such a link: rapid wage growth leads to a substitution of capital for labor, and hence to less labor-intensive production; slow wage growth leads to less rapid growth of labor productivity and, for the same output growth, results in a better employment performance. The paper also discusses the causes of the lower wage growth in the Netherlands. 
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830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 1995/049 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/1995/049/002.1995.issue-049-en.xml  |z IMF e-Library