• Have inflation targeting and EU labour immigration changed the system of wage formation in Norway 

      Gjelsvik, Marit Linnea; Nymoen, Ragnar; Sparrman, Victoria (Discussion papers;No.824, Working paper, 2015-10)
      Collective agreements have played a central role in the system of wage formation in Norway for more than fifty years. Although the degree of coordination achieved has been variable, pattern wage bargaining has been a ...
    • Import price formation and pricing to market: A test on Norwegian data 

      Naug, Bjørn E.; Nymoen, Ragnar (Discussion Papers;No. 157, Working paper, 1995)
      This paper investigates the determinants of Norwegian import prices of manufactures over the period 1970(1) - 1991(4). Multivariate cointegration analysis establishes a long-run relationship between import prices, foreign ...
    • Labour market institutions, shocks and the employment rate 

      Haraldsen, Kristine Wika; Nymoen, Ragnar; Sparrman, Victoria (Discussion Paper;No. 901, Working paper, 2019-03-29)
      The average employment rate for the OECD countries was close to 63 percent in the period 2000-2015 but there is considerable variation within and between countries. We find that a dynamic model for employment, derived ...
    • Macroeconomic shocks and the probability of being employed 

      Kornstad, Tom; Nymoen, Ragnar; Skjerpen, Terje (Discussion Papers;675, Working paper, 2012)
      Macroeconomic theories take polar views on the importance of choice versus chance. At the micro level, it seems realistic to assume that both dimensions play a role for individual employment outcomes, although it might ...
    • Macroeconomic shocks and the probability of being employed 

      Kornstad, Tom; Nymoen, Ragnar; Skjerpen, Terje (Discussion papers;675, Working paper, 1-01)
      Macroeconomic theories take polar views on the importance of choice versus chance. At the micro level, it seems realistic to assume that both dimensions play a role for individual employment outcomes, although it might be ...
    • 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 ...
    • Robustness of the Norwegian wage formation system and free EU labour movement: Evidence from wage data for natives 

      Dapi, Bjorn; Nymoen, Ragnar; Sparrman, Victoria (Discussion Paper;No. 895, Working paper, 2019-02-05)
      Norway experienced a high immigration flow after the EEA directive in 2004 stating workers right to free movement within the European Union and EEA-countries. There is no clear consensus in the literature on how immigration ...
    • 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, ...