The relationship between price and wage frequency changes for Sweden
(2022) NEKN01 20221Department of Economics
- Abstract
- Nominal rigidity is a central question in the debates to address better models to predict the outcome of certain policies. However, there is little empirical evidence that gives a deeper understanding of the mechanism that transmits this friction into the economy. This paper aims to understand the relationship between price rigidity and wage rigidity in the Swedish economy. I found a positive relationship and some insights about the nature of that relation accounting for particular factors such as collective agreements in the labor market and labor intensity among industries.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9102597
- author
- Marquez Rojas, Jesus LU
- supervisor
- organization
- course
- NEKN01 20221
- year
- 2022
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Nominal rigidity, Price changes, Wages
- language
- English
- id
- 9102597
- date added to LUP
- 2022-11-29 15:15:14
- date last changed
- 2022-11-29 15:15:14
@misc{9102597, abstract = {{Nominal rigidity is a central question in the debates to address better models to predict the outcome of certain policies. However, there is little empirical evidence that gives a deeper understanding of the mechanism that transmits this friction into the economy. This paper aims to understand the relationship between price rigidity and wage rigidity in the Swedish economy. I found a positive relationship and some insights about the nature of that relation accounting for particular factors such as collective agreements in the labor market and labor intensity among industries.}}, author = {{Marquez Rojas, Jesus}}, language = {{eng}}, note = {{Student Paper}}, title = {{The relationship between price and wage frequency changes for Sweden}}, year = {{2022}}, }