• Increased price markup from union coordination : OECD panel evidence 

      Bjørnstad, Roger; Kalstad, Kjartan Øren (Discussion Papers;No. 470, Working paper, 2006)
      Abstract: Existing literature have focused on the influence of institutional factors on wage determination when explaining the prolonged cross-country differences in unemployment. Although coordination of wage bargaining ...
    • Learned helplessness, discouraged workers, and multiple unemployment equilibria in a search model 

      Bjørnstad, Roger (Discussion Papers;No. 303, Working paper, 2001)
      Abstract: Unemployment varies strongly between countries with comparable economic structure. Some economists have tried to explain these differences with institutional differences in the labour market. Instead, this paper ...
    • Technology, trade and inequality 

      Bjørnstad, Roger; Skjerpen, Terje (Discussion Papers;No. 364, Working paper, 2003)
      Abstract: In recent decades new technology has led to increasing demand for well-educated labour at the expense of labour with lower education levels. Moreover, increased imports from low-cost countries have squeezed ...
    • The Effect of skill mismatch on wages in a small open economy with centralized wage setting: The Norwegian case 

      Bjørnstad, Roger (Discussion Papers;No. 270, Working paper, 2000)
      Pervasive skill-biased technological changes, probably from trade in computer technology, have visualized the pros and cons of wage setting centralization in small open economies. Skill mismatch has increased in countries ...
    • The NOK/euro exhange rate after inflation targeting: : the interest rate rules 

      Bjørnstad, Roger; Jansen, Eilev S. (Discussion Papers;No. 501, Working paper, 2007)
      Abstract: Norway adopted a flexible inflation target in March 2001 following a long period with exchange rate targeting in various forms. The regime shift reverses the causal ordering between changes in the nominal exchange ...
    • Wage and profitability: Norwegian manufacturing 1967-1998 

      Bjørnstad, Roger; Nymoen, Ragnar (Discussion Papers;No. 259, Working paper, 1999)
      Economic theories of imperfectly competitive labour markets predict that wages are linked to profits. In spite of this, profit variables are not explicitly specified in empirical models of wage formation that otherwise are ...
    • Will it float? The New Keynesian Phillips curve tested on OECD panel data 

      Bjørnstad, Roger; Nymoen, Ragnar (Discussion Papers;No. 463, Working paper, 2006)
      Abstract: Galí, Gertler and Lòpez-Salido (2005), GGL, assert that the hybrid New Keynesian Phillips curve, NPC, is robust to different choices of estimation procedure and so some forms of specification bias. Specifically, ...