Cointegration and Structure in Norwegian Wage–Price Dynamics
Wage coordination plays an important role in macroeconomic stabilization. Pattern wage bargaining systems have been common in Europe, but in different forms, and with different degrees of success in terms of actual coordination reached. We focus on wage formation in Norway, a small open economy, whe...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2020-07-01
|
Series: | Econometrics |
Subjects: | |
Online Access: | https://www.mdpi.com/2225-1146/8/3/29 |