Denmark: Selected Issues

Volume/Issue: Volume 2006 Issue 342
Publication date: October 2006
ISBN: 9781451811117
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Inflation , Labor , ISCR , CR , mortgage , labor market policy , house price , policy variable , mortgage loan , low-unemployment equilibrium , Housing prices , Mortgages , Unemployment rate , Active labor market policies , Loans , Europe

Summary

The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment performance and the flexicurity model. It also presents selected stylized facts about Danish housing price developments and focuses on tax treatment affecting the market. It also shows an empirical result on developments in the housing finance market and in the Danish taxation of housing.