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Author/Editor:
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Estevão, Marcello M.
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Publication Date:
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August 01, 2002
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Electronic Access:
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Free Full text
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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Summary:
Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on employment growth, in contrast to the United States where initial labor demand shocks are expanded in the long run. After the short-run adjustment is over, there is less labor migration in Belgium than in the United States or Europe, corroborating the perception that Belgians move "too little."
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Series:
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Working Paper No. 02/134
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Subject(s):
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Labor markets | Belgium | Wages | Unemployment
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Author's Keyword(s):
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Geography | labor | dynamics | divergences |
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English
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Publication Date:
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August 01, 2002
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ISBN/ISSN:
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1934-7073
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Format:
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Paper
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Stock No:
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WPIEA1342002
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Pages:
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28
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Price:
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US$15.00 )
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Price Delivery Note:
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Prepayment required for individual copies. An annual subscription is $375.00 a year. It includes 12 monthly shipments and priority mail delivery. The Stock No. for the subscription is WPEA.
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