The Impact of Labour Market Deregulation: Lessons from the

Arbeitspapier

Unemployment remains a major economic and social problem in many developedeconomies. Thispaper provides theoretical and empirical perspectives on the impact of labourmarket deregulation as a means of combatting unemployment and of enhancing competitivewage determination. The paper focusses specifically on The Netherlands and NewZealand, two small open economies in which unemployment rates reduced to close to half of theirrespective post-1980 peaks. The labour market policies that contributed to these outcomes arereferred to as the Polder model and the Kiwi model respectively. Despite some similarities,there are significant differences between these models. These are highlighted in thepaper. It is found that the effects of deregulation are hard to separate out from other influenceson the labour market. The success of the deregulation policies is easily overstated by aselective use of labour market indicators, or by making trough to peak comparisons along thebusiness cycle.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Tinbergen Institute Discussion Paper ; No. 99-001/3

Classification and Topics

• Classification: Wirtschaft ; Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs ; Labor-Management Relations, Trade Unions, and Collective Bargaining: Public Policy ; Comparative Studies of Countries
• Subject: labour markets ; flexibility ; deregulation ; international comparisons ; Arbeitsmarktflexibilität ; Sozialpakt ; Niederlande ; Neuseeland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Gorter, Cees ; Poot, Jacques
• Event: Veröffentlichung
• (who): Tinbergen Institute
• (where): Amsterdam and Rotterdam
• (when): 1999

Further information

• Handle: http://hdl.handle.net/10419/85649
• Last update: 10.03.2025, 11:41 AM CET