Netherlands: Selected Issues
This Selected Issues paper on the Kingdom of the Netherlands reviews the cyclical position of the Dutch economy, and provides a comparison of different estimates of the nonaccelerating inflation rate of unemployment and the potential output. The study analyzes the adjustment mechanisms embedded in the central projections of a number of forecasters, and investigates the sensitivity of the outlook to upside demand risks using macroeconometric models. The paper also evaluates the effect of changes in the monetary and fiscal policies, key features of labor, and asset markets.
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Volume/Issue:
Volume 2000
Issue 088
Publication date: July 2000
ISBN: 9781451829426
$20.00
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Topics covered in this book
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Business and Economics , Inflation , Labor , ISCR , CR , output gap , labor market , central bank , current account , equilibrium unemployment , exchange rate , house price behavior , potential GDP , Labor costs , Labor markets , Wages , Unemployment , Inflation , Global
Summary
This Selected Issues paper on the Kingdom of the Netherlands reviews the cyclical position of the Dutch economy, and provides a comparison of different estimates of the nonaccelerating inflation rate of unemployment and the potential output. The study analyzes the adjustment mechanisms embedded in the central projections of a number of forecasters, and investigates the sensitivity of the outlook to upside demand risks using macroeconometric models. The paper also evaluates the effect of changes in the monetary and fiscal policies, key features of labor, and asset markets.
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