Cointegrating Sectoral Wages in Sweden
Author | : Tor Jacobson |
Publisher | : |
Total Pages | : 44 |
Release | : 1991 |
Genre | : Unemployment |
ISBN | : |
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Author | : Tor Jacobson |
Publisher | : |
Total Pages | : 44 |
Release | : 1991 |
Genre | : Unemployment |
ISBN | : |
Author | : Bertil Holmlund |
Publisher | : |
Total Pages | : 76 |
Release | : 1994 |
Genre | : Public service employment |
ISBN | : |
Author | : Mr.Alun H. Thomas |
Publisher | : International Monetary Fund |
Total Pages | : 26 |
Release | : 1998-12-01 |
Genre | : Business & Economics |
ISBN | : 1451977050 |
The paper investigates the determinants of wages in the tradables and service sectors in Norway and Sweden. Tradables wages are determined by their own productivity growth whereas service sector wages are influenced by wage growth in the tradables sector. The traditional strong sensitivity of the real wage to changes in the unemployment rate has been virtually eliminated since the recessionary period in the early 1990s in Sweden, and real wages have grown faster than macroeconomic factors alone would suggest. In contrast, real wages have become more sensitive to cyclical conditions in Norway and have grown less rapidly than macroeconomic factors indicate. These changes in the wage process have hindered the development of private sector employment in Sweden but have stimulated private sector employment in Norway.
Author | : Alun H. Thomas |
Publisher | : International Monetary Fund |
Total Pages | : 32 |
Release | : 1998-12 |
Genre | : Business & Economics |
ISBN | : |
The paper investigates the determinants of wages in the tradables and service sectors in Norway and Sweden. Tradables wages are determined by their own productivity growth whereas service sector wages are influenced by wage growth in the tradables sector. The traditional strong sensitivity of the real wage to changes in the unemployment rate has been virtually eliminated since the recessionary period in the early 1990s in Sweden, and real wages have grown faster than macroeconomic factors alone would suggest. In contrast, real wages have become more sensitive to cyclical conditions in Norway and have grown less rapidly than macroeconomic factors indicate. These changes in the wage process have hindered the development of private sector employment in Sweden but have stimulated private sector employment in Norway.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 80 |
Release | : 1998-11-20 |
Genre | : Business & Economics |
ISBN | : 145183585X |
This Selected Issues paper on Sweden reviews economic developments in Sweden during 1994–98. In 1994, the general government expenditure-to-GDP ratio stood at 70 percent, up from below 60 percent of GDP in the late 1990s; meanwhile, the revenue ratio was just under 60 percent of GDP, down from about 65 percent of GDP in the late 1980s. On the expenditure side, transfers to households accounted for 37 percent of general government expenditure in 1994, subsidies and other transfers to businesses 10 percent, consumption 39 percent, investment 4 percent, and interest payments 10 percent.
Author | : Susanne Ackum Agell |
Publisher | : |
Total Pages | : 44 |
Release | : 1993 |
Genre | : Wages and labor productivity |
ISBN | : |
Author | : Michael Lundholm |
Publisher | : |
Total Pages | : 46 |
Release | : 1991 |
Genre | : Income tax |
ISBN | : |
Author | : Henry Ohlsson |
Publisher | : |
Total Pages | : 40 |
Release | : 1994 |
Genre | : Employment (Economic theory) |
ISBN | : |
Author | : Johnny Zetterberg |
Publisher | : |
Total Pages | : 34 |
Release | : 1992 |
Genre | : Discrimination in employment |
ISBN | : |
Author | : Bertil Holmlund |
Publisher | : |
Total Pages | : 40 |
Release | : 1991 |
Genre | : Labor policy |
ISBN | : |