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Real-Wage Determination and Labour Market Policies: The Swedish Experience Author info | Abstract | Publisher info | Download info | Related research | Statistics Calmfors, Lars
Forslund, Anders
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It is a common view that labor market programs reduce unemployment and restrain wages by increasing the competition for jobs. The Swedish case is often advanced as a blueprint to follow. This article questions the conventional wisdom on the Swedish labor-market policies. It finds empirical evidence in favor of the hypothesis that job creation and training programs weaken the incentives for wage restraint. As a consequence, it appears likely that labor-market programs have strong crowding-out effects on regular employment. Copyright 1991 by Royal Economic Society.
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Article provided by Royal Economic Society in its journal The Economic Journal .
Volume (Year): 101 (1991)
Issue (Month): 408 (September)
Pages: 1130-48
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Handle: RePEc:ecj:econjl:v:101:y:1991:i:408:p:1130-48Contact details of provider: Web page: http://www.res.org.uk/ More information through EDIRC
Order Information: Web: http://www.blackwellpublishers.co.uk/asp/journal.asp?ref=0013-0133
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