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dc.contributor.authorBårdsen, Gunnarnb_NO
dc.contributor.authorDoornik, Jurgennb_NO
dc.contributor.authorKlovland, Jan Torenb_NO
dc.date.accessioned2014-12-19T14:31:58Z
dc.date.available2014-12-19T14:31:58Z
dc.date.created2006-10-09nb_NO
dc.date.issued2002nb_NO
dc.identifier126121nb_NO
dc.identifier.urihttp://hdl.handle.net/11250/267171
dc.description.abstractWe present an econometric analysis of wage behaviour in Norway during the interwar years. Applying GMM estimation methods to a newly constructed panel of manufacturing industry data, we Þnd that the interwar years do not seem to be such an anomalous time period as has been suggested with respect to wage behaviour. We estimate a long-run wage curve that has all the modern features of being homogeneous in prices, proportional to productivity, and having an unemployment elasticity of -0.1. We also present some new Monte Carlo evidence on the properties of the estimators used.nb_NO
dc.languageengnb_NO
dc.publisherInstitutt for samfunnsøkonominb_NO
dc.relation.ispartofseriesWorking Paper Series, 1503-299X; 2002:18nb_NO
dc.titleA Wage Curve for the Interwar Labour Market: Evidence from a Panel of Norwegian Manufacturing Industriesnb_NO
dc.typeResearch reportnb_NO
dc.contributor.departmentNorges teknisk-naturvitenskapelige universitet, Fakultet for samfunnsvitenskap og teknologiledelse, Institutt for samfunnsøkonominb_NO


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