Modelling the effects of investment subsidies

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


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.


Transport Equipment Labour Productivity Growth Structural Unemployment Investment Subsidy Vintage Model 
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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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