Modelling the effects of investment subsidies

  • W. Driehuis
  • P. J. Van Den Noord
Part of the International Studies In Economic Modelling book series (ISIM)

Abstract

From 1970 onwards unemployment in the Netherlands has risen continuously. In 1985 and 1986 a small decline can be observed, but the unemployment rate still amounts to 14.5%. The increase in unemployment was accompanied by a decline in the rate of inflation, which is almost nil in 1986, and a strong rise in the public deficit. Despite recent reductions in this deficit (as a percentage of national income) it is the view of the policy-maker that a further reduction is needed and this aim has first priority in economic policy.

Keywords

Transport Equipment Labour Productivity Growth Structural Unemployment Investment Subsidy Vintage Model 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Chapman and Hall Ltd 1988

Authors and Affiliations

  • W. Driehuis
  • P. J. Van Den Noord

There are no affiliations available

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