Policy rule evaluation by contract-markets: 100 years of wage contract lenght in Sweden/
The length of collective wage agreements in Sweden between 1908 and 2005 is explored to evaluate a variety of policy regimes from the wage contract-makers' perspective. Adopting a new long-run test, it is found that wage contract length decreases in response to an increase in "macroeconomi...
| Κύριος συγγραφέας: | Fregert, Klas. |
|---|---|
| Corporate συγγραφέας: | European Commission : Directorate-General for Economic and Financial Affairs. |
| Άλλοι συγγραφείς: | Jonung, Lars. |
| Μορφή: | Βιβλίο |
| Γλώσσα: | Greek English |
| Στοιχεία έκδοσης: |
Bruxelles- Luxembourg:
European Comission: Directorate-General for Economic and Financial Affairs,
2006.
|
| Σειρά: |
European Economy. Economic papers ;
270. |
| Διαθέσιμο Online: |
http://ec.europa.eu/economy_finance/publications/publication_summary798_en.htm |
| Ετικέτες: |
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| 100 | 1 | |a Fregert, Klas. | |
| 245 | 1 | 0 | |a Policy rule evaluation by contract-markets: |b 100 years of wage contract lenght in Sweden/ |c Klas Fregert, Lars Jonung. |
| 260 | 0 | |a Bruxelles- Luxembourg: |b European Comission: Directorate-General for Economic and Financial Affairs, |c 2006. | |
| 300 | |a 32 σ.: |b πιν. |c 30 εκ. | ||
| 490 | 1 | |a European Economy. Economic papers ; | |
| 580 | |a Economic Papers | ||
| 520 | 0 | |a The length of collective wage agreements in Sweden between 1908 and 2005 is explored to evaluate a variety of policy regimes from the wage contract-makers' perspective. Adopting a new long-run test, it is found that wage contract length decreases in response to an increase in "macroeconomic uncertainty" across policy regimes. There is also substantial short-run variation in contract length, which cautions against regime divisions based solely on the policy rule. The inflation targeting regime 1995-2005 stands out as an exceptionally stable policy regime as judged by the willingness of contract-makers to repeatedly commit to three-year non-indexed wage agreements. The results are based on a data base on collective wage agreements unique in international comparisons in terms of length and coverage. | |
| 700 | 1 | |a Jonung, Lars. | |
| 710 | 2 | |a European Commission : Directorate-General for Economic and Financial Affairs. | |
| 773 | 0 | 8 | |a Economic Papers |g December 2006, No 270. |
| 830 | |a European Economy. Economic papers ; |v 270. | ||
| 852 | |a INST |b UNIPILB |c KET |e 20090311 |p EEEP 270 |q EEEP 270 |t NOLOAN |y 23 |4 1 | ||
| 856 | 4 | 1 | |u http://ec.europa.eu/economy_finance/publications/publication_summary798_en.htm |