Thursday, April 05, 2007

Greg Mankiw, 'Call your office.'

The Pigou Club is best advised not to recruit in Denmark:

High taxes on cars effectively put the brakes on the country's economy, according to a study conducted for the Danish National Union of Metalworkers.

The country's 180 percent registration fee makes Denmark one of the most expensive countries in which to own a car. If the fee was reduced, some 200,000 people would have an easier time finding work, the union found.

'High demands are made to employees' mobility, but efforts that make it easier or less expensive for people to be more mobile are few,' Mikael Bay Hansen, an economist for the union, told Berlingske Tidende newspaper.

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