Nymoen, Ragnar - In: Econometrics : open access journal 5 (2017) 1, pp. 1-54
related to the macroeconomic development, and presents dynamic econometric models of nominal and real wages. Single equation … and multi-equation models are reported. The econometric modelling uses a new data set with historical time series of wages …. Nevertheless, there is also evidence that global forces have been at work for a long time, in a way that links real wages to …