The authors examine alternative systems of financing unemployment insurance benefits in an economy with wage-sett ing unions, where, as in some Nordic countries, each union runs its o wn unemployment insurance system. It is shown that a higher lump-sum grant to the union's unemployment insurance...

We document the results of a repeat survey, which updates <link rid="b2">Agell and Lundborg &lpar;1995&rpar;</link>, on wage rigidity in a sample of 159 Swedish manufacturing firms, conducted during the severe Swedish recession of the 1990s. It is found that not even a prolonged period of very high unemployment and quite low...

The model of <link rid="b4">Akerlof, Dickens and Perry (2000)</link> (ADP) predicts that low inflation may cause unemployment to persist at high levels. When applied to U.S. data, their results strongly rejected the conventional NAIRU model. We apply the ADP model to Swedish data. The fact that our Swedish data also...

An interview survey was designed to explore how personnel managers and senior wage negotiators respond to popular models of the labor market. As in A. S. Blinder and D. H. Choi (1990), the authors' results indicate that relative wages and notions of fairness are important, and that this may...

Migration flows in the integrated Nordic labor market are heavily dominated by Finnish migration to Sweden. Differences in migration behavior across the Nordic populations are identified. Elasticities of migration are obtained from a logistic human capital model estimated as seemingly unrelated...

In this paper we introduce a general equilibrium model of search unemployment that incorporates absence from work as a distinct labor force state. Absenteeism is driven by random shocks to the value of leisure that are private information to the workers. Firms maximize profits while recognizing...