• Differences in Learning and Inequality 

      Cappelen, Ådne (Discussion Papers;No. 457, Working paper, 2006)
      Abstract: Rapid growth in productivity combined with increasing wage dispersion in some countries, notably Anglo-Saxon, has been the subject of numerous studies. The main hypothesis in the literature is that an increased ...
    • Macroeconomic stability or cycles : the role of the wage-price spiral 

      Kolsrud, Dag; Nymoen, Ragnar (Discussion Papers;No. 625, Working paper, 2010)
      Abstract: We derive aggregate supply (AS) relationships for an intermediate-run macro model.The wage-price spiral provides the conceptual framework for a synthesis of different contesting theoretical and empirical perspectives ...
    • Modelling the heuristic dynamics of the wage and price curve model of equilibrium unemployment 

      Kolsrud, Dag; Nymoen, Ragnar (Discussion Papers;671, Working paper, 2012)
      A standard model of equilibrium unemployment consists of static equations for real wage ambitions (wage curve) and real wage scope (price curve), which jointly determine the NAIRU. The heuristics of the model states that ...