Arbeitspapier
Wage dynamics in Denmark
Compared with the previous decades the rate of wage increase in Denmark has been subdued since the mid-1990s, given the pressure that gradually arose in the labour market. The paper describes changes in the labour market in recent years, including labour-market reforms and decentralisation of wage formation, and an empirical analysis of wage development in Denmark from 1975 to 2007 is performed. The results indicate that in the long term Danish wage development can be described by a real-wage curve. In the short term a wage equation with error correction towards this real-wage curve seems to outperform a simple Phillips curve.
- Sprache
-
Englisch
- Erschienen in
-
Series: Danmarks Nationalbank Working Papers ; No. 76
- Klassifikation
-
Wirtschaft
- Thema
-
Arbeitsmarkt
Lohnverhandlungen
Dezentralisierung
Lohnniveau
Phillips-Kurve
Dänemark
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Storgaard, Peter E.
- Ereignis
-
Veröffentlichung
- (wer)
-
Danmarks Nationalbank
- (wo)
-
Copenhagen
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Storgaard, Peter E.
- Danmarks Nationalbank
Entstanden
- 2011
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