We analyse a small open economy with a tradable and a sheltered sector. If the unions that operate in each sector coordinate their wage demands sectorwise, the choice of monetary regime - floating cum inflation target vs EMU - may affect the relative wages and prices of the economy. We show that...

This paper studies gender differences in the allocation of workers across tasks of different complexity using panel data from a representative sample of Finnish metalworkers during 1990- 2000. Finnish metal industry data provide a continuous measure of the complexity of the worker’s tasks that...

This study examines employment convergence between immigrants and natives, by gender and region of origin, using data with annual information (1990-2000) on more than 200,000 individuals of which over 19,000 were born abroad. Duration of residence is found to have a significant effect on...

Empirical evidence on the cyclical behavior of technology shocks, or the relative importance of technology shocks versus other structural shocks as sources of fluctuations, hinges crucially on the identification of technological changes. In this paper, we study different measures of technology...

Ersättningsgraden i arbetslöshetsförsäkringen har förändrats flera gånger under 1990-talet. 1996 års sänkning från 80 till 75 procent ledde till en tioprocentig ökning av övergångarna till arbete enligt det statliga Institutet för arbetsmarknadspolitisk utvärdering (IFAU). I vår...

This paper analyses determinants of firm R&D and if predictions from the model of creative destruction is supported by data using matched employer-employee longitudinal data on the Swedish manufacturing industry. In particular, we analyse the impact of competition on R&D. Using various measures...

This paper uses a large matched employer-employee data set for Sweden to analyse several predictions from tournament theory. For white-collar workers, a positive effect of intra-firm wage dispersion on profits and average pay is found. This result is robust to controls for human capital...

Using a large longitudinal data set, we study the effects of increased trade on earnings and mobility in the Swedish labor market in the late 1980s and early 1990s. Earnings respond significantly to changes in industry sales, whether generated by domestic market forces or international trade:...

Procyclical absenteeism might be due to higher sick-rates of marginal workers, or a consequence of procyclical sick-report incentives. These hypotheses predict opposite signs for the correlation between sick-rates and shares of temporary contracts. This is the case, when the share of temporary...

Out-of-sample forecasting accuracy is a frequently used criterion for evaluating models of exchange rate determination. This paper shows that both UIP and PPP produce better exchange rate forecasts at the ten-year horizon than a random walk without drift. There are two novelties relative to...