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...

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Bibliographic Details
Main Authors: Marit Gjelsvik, Ragnar Nymoen, Victoria Sparrman
Format: Article
Language:English
Published: MDPI AG 2020-07-01
Series:Econometrics
Subjects:
Online Access:https://www.mdpi.com/2225-1146/8/3/29