The Wage Curve in the Nordic Countries

The Wage Curve in the Nordic Countries PDF Author:
Publisher: Nordic Council of Ministers
ISBN: 9789289303972
Category : Unemployment
Languages : en
Pages : 76

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Book Description
Engelsk tekst. 109 s., hf., 1999. (TemaNord 1999 ; 597)

The Wage Curve in the Nordic Countries

The Wage Curve in the Nordic Countries PDF Author:
Publisher: Nordic Council of Ministers
ISBN: 9789289303972
Category : Unemployment
Languages : en
Pages : 76

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Book Description
Engelsk tekst. 109 s., hf., 1999. (TemaNord 1999 ; 597)

The Wage Curve

The Wage Curve PDF Author: David G. Blanchflower
Publisher: MIT Press
ISBN: 9780262023757
Category : Business & Economics
Languages : en
Pages : 504

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Book Description
The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.

Wage Formation in the Nordic Countries Viewed from an International Perspective

Wage Formation in the Nordic Countries Viewed from an International Perspective PDF Author: Richard Jackman
Publisher:
ISBN:
Category :
Languages : en
Pages : 78

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Book Description


Wage Formation and Macroeconomic Policy in the Nordic Countries

Wage Formation and Macroeconomic Policy in the Nordic Countries PDF Author: Torben M. Andersen
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
Scandinavian Labor market policies have always represented one of the strongest alternatives to those adopted by recent governments in the United Kingdom and the United States, and the ability of these countries to maintain such low unemployment is currently of great interest to economists. This book offers a comprehensive analysis of both wage formation in the individual Nordic economies and general aspects of Nordic wage setting institutions, in particular the relation between centralized bargaining and wage drift. This book will be of special interest to economists, policy makers, and trade unions.

Worker Well-Being

Worker Well-Being PDF Author: Solomon W. Polachek
Publisher: Gulf Professional Publishing
ISBN: 9780762306930
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
How do technology, public works projects, mental health, race, gender, mobility, retirement benefits, and macroeconomic policies affect worker well-being? This volume contains fourteen original chapters utilizing the latest econometric techniques to answer this question. The findings include the following: technology gains explain over half the decline in U.S. unemployment and over two-thirds the reduction in U.S. inflation; universal health coverage would reduce U.S. labor force participation by 3.3 per cent; blacks respond to regional rather than national changes in schooling rates of return, perhaps implying a more local labor market for blacks than whites; employee motivation enhances labor force participation, on-the-job training, job satisfaction and earnings; male and female promotion and quit rates are comparable once one controls for individual and job characteristics; public works programs designed to increase a worker's skills do not always increase reemployment; and, U.S. pension wealth increased about 20 per cent - 25 per cent over the last two decades.

Economic Modeling in the Nordic Countries

Economic Modeling in the Nordic Countries PDF Author: L. Bergman
Publisher: Elsevier
ISBN: 1483294870
Category : Business & Economics
Languages : en
Pages : 315

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Book Description
A selection of macroeconomic models used, or intended for, economic forecasting or policy analysis in the four Nordic countries (Denmark, Finland, Norway and Sweden), is presented in this volume. New features and model applications are discussed and the models used by the Ministries of Finance are evaluated, with special attention to the role of relative prices and their treatment of the supply side. In addition there is a systematic comparison of results from model simulations on the main macroeconomic models in the four Nordic countries. The papers fall naturally into two sections. In Part One the focus is on the short-to-medium term models; in Part Two the focus switches to a presentation of three models that may all be classified as applied general equilibrium (AGE) models.

Regional Wage Responsiveness to Unemployment -- Rural-Urban Heterogeneity and Policy Implications

Regional Wage Responsiveness to Unemployment -- Rural-Urban Heterogeneity and Policy Implications PDF Author: Ulf Johansen
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Previous studies of regional wage formation in Norway have indicated low regional wage responses to regional unemployment. However, previous analyses have not investigated whether wages are more rigid in rural areas than in urban areas, which in the case of Norway is important for the efficiency of regional differentiated payroll taxes. In the paper, the authors focus on the rural-urban nature of the wage curve in Norway. We re-estimate the wage curve on the basis of a large Norwegian microlevel dataset covering the entire Norwegian labour market during the years 2008-13. Our findings are rural-urban heterogeneity in the wage curve, with higher unemployment elasticity of pay in the urban region than in the rural regions. The elasticity of the average rural wage curve is about 70 per cent that of the of the urban wage curve. The authors conclude that to achieve the goals of regional policy in Norway, more rigid wages in rural areas seem to be an argument for continuing to have an active labour market policy for rural regions.

Wage Formation and Macroeconomic Policy in the Nordic Countries

Wage Formation and Macroeconomic Policy in the Nordic Countries PDF Author: Lars Calmfors
Publisher:
ISBN:
Category : Wages
Languages : en
Pages : 102

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Book Description


The European Labour Market

The European Labour Market PDF Author: Floro Ernesto Caroleo
Publisher: Springer Science & Business Media
ISBN: 3790816809
Category : Business & Economics
Languages : en
Pages : 341

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Book Description
This book brings together up-to-date findings on the regional dimensions of European labour markets. It provides a conceptual and empirical study of the interactions between the European economy and its regions, paying particular attention to the issue of the transition of Central and Eastern European countries to a market economy. The topics analysed include: the structure of the shocks affecting employment (regional, industrial, national), the relationships between labour market efficiency and the regional distribution of unemployment, wage flexibility in EU member countries or in their regions and the role of active labour market policies in affecting the regional distribution of employment and unemployment.

Increasing Income Inequality in the Nordics

Increasing Income Inequality in the Nordics PDF Author: Rolf Aaberge
Publisher: Nordic Council of Ministers
ISBN: 9289355123
Category : Political Science
Languages : en
Pages : 213

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Book Description
The contributions document how income inequality in the Nordics in various dimensions have increased over recent decades. These developments are put in an international context. Developments in Denmark, Finland, Norway and Sweden are compared. Important aspects analysed in detail are overall inequality of both market and disposable incomes, the redistribution through the tax and transfer system as well as through the provision of government welfare services, the importance of demographic factors, the developments of both relative poverty and top income shares, and gender inequality.