Use Fig. 2.1 in Chapter 2 to pick two economies, one which saw a dramatic fall in

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Use Fig. 2.1 in Chapter 2 to pick two economies, one which saw a dramatic fall in unemployment between the mid-80s and the millenium and one that did not (for example, The Netherlands and Germany). Following that, download data from the OECD on the harmonized rate of unemployment for your two countries between 1985 and 2000. Use the OECD data on labour market institutions referred to in Table 15.2 to discuss whether the different paths of unemployment in these two countries are consistent with the changes in labour market institutions. What other factors might have influenced the employment outcomes in the two countries over this period?

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