Showing 1 - 10 of 12
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...
Persistent link: https://www.econbiz.de/10005305930
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...
Persistent link: https://www.econbiz.de/10005157272
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...
Persistent link: https://www.econbiz.de/10005666069
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...
Persistent link: https://www.econbiz.de/10005225962
Persistent link: https://www.econbiz.de/10005225968
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...
Persistent link: https://www.econbiz.de/10005226157
The determinants of unemployment duration are studied in the presence of multiple exits out of unemployment. The results indicate that state aggregation may be a severe problem in empirical analysis of a labor market such as the one in Sweden. Estimating a joint model for all transitions out of...
Persistent link: https://www.econbiz.de/10005157271
This paper addresses the consequences of wage compression for the gender wage gap in Sweden during the period 1968-1991. We find that the effects of changes in the wage structure on women's wages have varied over time and have been partly counteracting. Changes in industry wage differentials...
Persistent link: https://www.econbiz.de/10005666274
This paper focuses on the effects of marginal tax rates, wealth, income, and a set of socioeconomic and demographic variables on the portfolio composition of households using detailed micro data on 2,000 Swedish households. In particular, efforts are made to disentangle the effects of marginal...
Persistent link: https://www.econbiz.de/10005666292
Persistent link: https://www.econbiz.de/10010728372