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The Dutch Labour Market: Preparing for the Future

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  • Mathijs Gerritsen
  • Jens Høj
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    Abstract

    The well performing labour market has delivered low unemployment and relatively stable wage developments. However, it is divided into a small flexible segment and a large more rigid segment, where the adjustment burden of external shocks falls disproportionally on the first group. At the same time, labour utilisation is relatively low, despite a relatively high overall participation rate, due to a high frequency of part-time employment, a low effective retirement age and a high use of disability benefits. Looking ahead, it is unlikely that the organisation of the labour market will allow the economy to continue reaping fully the benefits of globalisation. That would require a labour market that facilitates the allocation of increasingly scarce labour resources to their best use and mobilises underutilised labour resources to counter the ageing related contraction of the labour force.). This Working Paper relates to the 2012 OECD Economic Survey of the Netherlands (www.oecd.org/eco/surveys/netherlands Le marché du travail néerlandais : Préparer l'avenir Le bon fonctionnement du marché du travail a permis de maintenir un faible niveau de chômage et des évolutions salariales relativement stables. Cependant, ce marché est divisé en un grand segment assez rigide et un petit segment flexible, sur lequel pèse de façon disproportionnée la charge de l'ajustement en cas de chocs extérieurs. En outre, l'utilisation de la main-d'oeuvre est faible, malgré un taux d'activité global relativement élevé, en raison de la grande fréquence de l'emploi à temps partiel, d'un faible âge effectif de départ à la retraite et d'un recours important aux prestations d'invalidité. À terme, il est peu probable que l'organisation du marché du travail permettra à l'économie de continuer à tirer pleinement parti de la mondialisation. Il faudrait pour cela un marché du travail qui facilite la réallocation des ressources de main-d'oeuvre de plus en plus rares vers leur meilleure utilisation et mobilise les ressources de main-d'oeuvre sous-utilisées pour contrer la contraction de la population active liée au vieillissement. Ce document de travail se rapporte à l'Étude économique des Pays-Bas de 2012 (www.oecd.org/eco/etudes/Pays-Bas).

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    Bibliographic Info

    Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 1012.

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    Date of creation: 14 Jan 2013
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    Handle: RePEc:oec:ecoaaa:1012-en

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    Keywords: globalisation; labour market policies; severance pay; wage formation; allocation of the labour supply; labour market; répartition de l'offre de travail; indemnités de départ; formation des salaires; mondialisation; marché du travail; politique du marché du travail;

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    1. Philip Du Caju & Gábor Kátay & Ana Lamo & Daphne Nicolitsas & Steven Poelhekke, 2010. "Inter-industry wage differentials in EU countries : What do cross-country time-varying data add to the picture ?," Working Paper Research 189, National Bank of Belgium.
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    5. Stefan Groot & Henri de Groot, 2011. "Wage inequality in the Netherlands: Evidence, trends and explanations," CPB Discussion Paper 186, CPB Netherlands Bureau for Economic Policy Analysis.
    6. Anja Deelen & Egbert Jongen & Sabine Visser, 2006. "Employment protection legislation; lessons from theoretical and empirical studies for the Dutch case," CPB Document 135, CPB Netherlands Bureau for Economic Policy Analysis.
    7. Andrea Bassanini & Andrea Garnero & Pascal Marianna & Sébastien Martin, 2010. "Institutional Determinants of Worker Flows: A Cross-Country/Cross-Industry Approach," OECD Social, Employment and Migration Working Papers 107, OECD Publishing.
    8. Muysken, Joan & Ziesemer, Thomas, 2011. "The effect of net immigration on economic growth in an ageing economy: transitory and permanent shocks," MERIT Working Papers 055, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    9. Rob Euwals & Ruud de Mooij & Daniel van Vuuren, 2009. "Rethinking retirement; from participation towards allocation," CPB Special Publication 80, CPB Netherlands Bureau for Economic Policy Analysis.
    10. Andrea Bassanini & Romain Duval, 2006. "The determinants of unemployment across OECD countries: Reassessing the role of policies and institutions," OECD Economic Studies, OECD Publishing, vol. 2006(1), pages 7-86.
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