Arbeitspapier
Wage setting, taxes and demand for labour: Multivariate analysis of the cointegration relations
As an outcome of modelling wage setting and demand for labour in a bargaining framework, a lO-dimensional vector space is defined. This overparametrized system is reduced by means of conditioning. Structural restrictions which identify the long-run relations of interest are specified. The restrictions which characterize wage setting and labour demand schedules are imposed and tested first separately and then jointly.
- ISBN
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951-686-335-3
- Language
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Englisch
- Bibliographic citation
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Series: Bank of Finland Discussion Papers ; No. 22/1992
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Tyrväinen, Timo
- Event
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Veröffentlichung
- (who)
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Bank of Finland
- (where)
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Helsinki
- (when)
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1992
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Tyrväinen, Timo
- Bank of Finland
Time of origin
- 1992