Essays about: "wage rigidity"

Found 3 essays containing the words wage rigidity.

1. 1. Wage Adjustment and Wage Rigidity: Industrial Empirical Analysis of Swedish Economy

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Jiechao Sheng; [2022]
   Keywords : wage rigidity; labour productivity; labour market tightness; vacancies; productivity shock;

   Abstract : The main goal of this article is to estimate how the aggregate wage level is determined by the labour productivity and labour market tightness, as well as how the wage is adjusted, at industry level. I collect monthly data from ten industries in Sweden over 2019-2021, and I use an ordinary-least- square method to set up the regression. READ MORE

3. 2. The relationship between price and wage frequency changes for Sweden

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Jesus Marquez Rojas; [2022]
   Keywords : Nominal rigidity; Price changes; Wages; Business and Economics;

   Abstract : Nominal rigidity is a central question in the debates to address better models to predict the outcome of certain policies. However, there is little empirical evidence that gives a deeper understanding of the mechanism that transmits this friction into the economy. READ MORE

4. 3. Towards Optimum: Can Europe become an optimum currency area

   University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

   Author : Sofia Kaller; Ulf Strömberg; [2013-03-18]
   Keywords : Optimum Currency Are; EMU; Europe; EU; GG-LL model;

   Abstract : The purpose of this thesis is to study the Eurozone and give an answer to the question: Can Europe become an optimum currency area? Our analysis is based on theory structured in the form of several criteria for an optimum currency area, which we compare with our findings from the Eurozone. Our result shows that the Eurozone does not satisfy the criteria of high-factor mobility or wage flexibility. READ MORE