Is there more to the Dutch miracle than a lot of part-time jobs?

The Netherlands is known for its rapid growth of part-timejobs, its strong wage moderation, and its low level of wage inequality. At the same time, the rate of unemployment has become favourably low, even below that of the US now. This is known as the 'Dutch miracle', in particular whilst in the carly 1980s the Dutch labour market performed much worse than elsewhere. The Netherlands is also known for its 'model', that is its institutions and the policies pursued. The consensus in policy making - involving government, trade unions and employers - appears to have enabled the prolonged wage moder... Mehr ...