Blar i Statistisk sentralbyrås publikasjonsserier / Published by Statistics Norway på emneord "JEL classification: E30"
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Macroeconomic stability or cycles : the role of the wage-price spiral
(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
(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 ... -
Using Engel curves to estimate purchasing power parity : a case study of the computation of the exchange rate between the Norwegian krone and the U.S. dollar
(Discussion Papers;580, Working paper, 2009)Standard practice of estimating purchasing power parities (PPP) involves using prices, in domestic currencies, of a common basket of goods and services, then calculating the price-equalizing exchange rate. In this article, ...