Fregert, Klas; Jonung, Lars - Directorate-General Economic and Financial Affairs, … - 2007
The length of collective wage agreements in Sweden between 1908 and 2005 is explored to evaluate a variety of policy regimes from the wage contract-makers' perspective. Adopting a new long-run test, it is found that wage contract length decreases in response to an increase in â€macroeconomic...