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Gottfries, Nils
Publications (10 of 48) Show all publications
Gottfries, N. (2013). MACROECONOMICS (1ed.). Basingstoke, UK: Palgrave Macmillan
Open this publication in new window or tab >>MACROECONOMICS
2013 (English)Book (Other academic)
Place, publisher, year, edition, pages
Basingstoke, UK: Palgrave Macmillan, 2013. p. 575 Edition: 1
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:uu:diva-205910 (URN)978-0-230-27597-3 (ISBN)
Available from: 2013-08-25 Created: 2013-08-25 Last updated: 2013-08-25
Carlsson, M., Eriksson, S. & Gottfries, N. (2013). Product Market Imperfections and Employment Dynamics. Oxford Economic Papers, 65(2), 447-470
Open this publication in new window or tab >>Product Market Imperfections and Employment Dynamics
2013 (English)In: Oxford Economic Papers, ISSN 0030-7653, E-ISSN 1464-3812, Vol. 65, no 2, p. 447-470Article in journal (Refereed) Published
Abstract [en]

How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate a model of employment adjustment with search frictions, vacancy costs, hiring costs, and imperfect competition in the product market. From this model, we derive a structural equation for employment that we estimate on firm-level data. We find that product market demand shocks have significant and quantitatively large effects on employment. This supports a model with imperfect competition in the product market. We find no evidence that the level of unemployment in the local labour market has a direct effect on job creation in existing firms. In some specifications, we find evidence of congestion effects, i.e., that hiring is slowed down if there are many vacancies in the local labour market.

National Category
Social Sciences
Research subject
Economics
Identifiers
urn:nbn:se:uu:diva-185586 (URN)10.1093/oep/gps033 (DOI)000317007800012 ()
Available from: 2012-11-26 Created: 2012-11-26 Last updated: 2017-12-07
Gottfries, N. (2010). Fungerar den svenska lönebildningen?. In: Att skapa arbeten : löner, anställningsskydd och konkurrens : bilaga 5-7 till Långtidsutredningen 2011: (pp. 7-120). Stockholm: Fritzes
Open this publication in new window or tab >>Fungerar den svenska lönebildningen?
2010 (Swedish)In: Att skapa arbeten : löner, anställningsskydd och konkurrens : bilaga 5-7 till Långtidsutredningen 2011, Stockholm: Fritzes , 2010, p. 7-120Chapter in book (Other (popular science, discussion, etc.))
Place, publisher, year, edition, pages
Stockholm: Fritzes, 2010
Series
Statens offentliga utredningar, ISSN 0375-250X ; 2010:93
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:uu:diva-144926 (URN)978-91-38-23495-2 (ISBN)
Note

SOU 2010:93

Available from: 2011-02-03 Created: 2011-02-03 Last updated: 2013-08-25
Bils, M., Gottfries, N., Holden, S., Friberg, R., Liski, M. & Torvik, R. (2010). Preface to the Special Issue on Price and Wage Dynamics. Scandinavian Journal of Economics, 112(4), 643-645
Open this publication in new window or tab >>Preface to the Special Issue on Price and Wage Dynamics
Show others...
2010 (English)In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 112, no 4, p. 643-645Article in journal, Editorial material (Other academic) Published
National Category
Economics
Identifiers
urn:nbn:se:uu:diva-229546 (URN)10.1111/j.1467-9442.2010.01630.x (DOI)000284274500001 ()
Available from: 2014-08-11 Created: 2014-08-11 Last updated: 2017-12-05
Lundin, M., Gottfries, N., Bucht, C. & Lindström, T. (2009). Price and Investment Dynamics: Theory and plant-level data. Journal of Money, Credit and Banking, 41(5), 907-934
Open this publication in new window or tab >>Price and Investment Dynamics: Theory and plant-level data
2009 (English)In: Journal of Money, Credit and Banking, ISSN 0022-2879, E-ISSN 1538-4616, Vol. 41, no 5, p. 907-934Article in journal (Refereed) Published
Abstract [en]

We construct a model of a firm competing for market share in a customer market and making investments in physical capital. The firm is financially constrained and there are implementation lags in investment. Our model predicts that product prices should depend on costs and competitors' prices but respond weakly to demand shocks. Also, prices should be strongly related to investment. We estimate price and investment equations on panel data for Swedish manufacturing plants and find results that are qualitatively in line with these predictions, though the relation between investment and prices is stronger than predicted by our model.

Keyword
Credit constraint, Investment equation, Price equation, Price rigidity
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:uu:diva-108468 (URN)10.1111/j.1538-4616.2009.00238.x (DOI)000268057600005 ()
Available from: 2009-09-18 Created: 2009-09-18 Last updated: 2017-12-13
Bjoerklund, A., Gottfries, N., Krueger, A. B. & Moen, E. R. (2008). Editors' Preface. Scandinavian Journal of Economics, 110(4), 635-637
Open this publication in new window or tab >>Editors' Preface
2008 (English)In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 110, no 4, p. 635-637Article in journal, Editorial material (Other academic) Published
National Category
Economics
Identifiers
urn:nbn:se:uu:diva-229549 (URN)10.1111/j.1467-9442.2008.00554.x (DOI)000261274300001 ()
Available from: 2014-08-11 Created: 2014-08-11 Last updated: 2017-12-05
Forslund, A. & Gottfries, N. (2008). Prices, Productivity, and Wage Bargaining in Open Economies. Uppsala: Department of Economics, Uppsala University
Open this publication in new window or tab >>Prices, Productivity, and Wage Bargaining in Open Economies
2008 (English)Report (Other academic)
Abstract [en]

According to the standard union bargaining model, unemployment benefits should have big effects on wages, but product market prices and productivity should play no role in the wage bargain. We formulate an alternative strategic bargaining model, where labour and product market conditions together determine wages. A wage equation is derived and estimated on aggregate data for the Nordic countries. Wages are found to depend on unemployment and the replacement ratio, but also on productivity, international prices and exchange rates. There is evidence of considerable nominal wage rigidity. Exchange rate changes have large and persistent effects on competitiveness.

Place, publisher, year, edition, pages
Uppsala: Department of Economics, Uppsala University, 2008. p. 32
Series
Working paper / Department of Economics, Uppsala University (Online), ISSN 1653-6975 ; 2005:18
National Category
Economics
Identifiers
urn:nbn:se:uu:diva-211538 (URN)
Note

This is a revised version of "Real and nominal wage adjustment in open economies", Working paper / Department of Economics, Uppsala University (Online), ISSN 1653-6975; 2005:18. (http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-79328)

Available from: 2013-11-26 Created: 2013-11-26 Last updated: 2013-11-26Bibliographically approved
Forslund, A., Gottfries, N. & Westermark, A. (2008). Prices, Productivity, and Wage Bargaining in Open Economies. Scandinavian Journal of Economics, 110(1), 169-195
Open this publication in new window or tab >>Prices, Productivity, and Wage Bargaining in Open Economies
2008 (English)In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 110, no 1, p. 169-195Article in journal (Refereed) Published
Abstract [en]

According to the standard union bargaining model, unemployment benefits should have big effects on wages, but product-market prices and productivity should play no role in the wage bargain. We formulate an alternative strategic bargaining model, where labour and product-market conditions together determine wages. A wage equation is derived and estimated on aggregate data for four Nordic countries. Wages are found to depend not only on unemployment and the replacement ratio, but also on productivity, international prices and exchange rates. There is evidence of considerable nominal wage rigidity. Exchange rate changes have large and persistent effects on competitiveness.

Keyword
non-cooperative bargain, efficiency wage, turnover, wage share, wage curve
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:uu:diva-99071 (URN)10.1111/j.1467-9442.2008.00531.x (DOI)000255663300008 ()
Available from: 2009-03-06 Created: 2009-03-06 Last updated: 2017-12-13Bibliographically approved
Hall, R., Gottfries, N., Holden, S., Moen, E. R. & Schultz, C. (2007). Macroeconomic fluctuations and the labor market - Preface. Scandinavian Journal of Economics, 109(4), 643-644
Open this publication in new window or tab >>Macroeconomic fluctuations and the labor market - Preface
Show others...
2007 (English)In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 109, no 4, p. 643-644Article in journal, Editorial material (Other academic) Published
National Category
Economics
Identifiers
urn:nbn:se:uu:diva-229550 (URN)10.1111/j.1467-9442.2007.00512.x (DOI)000253638700001 ()
Available from: 2014-08-11 Created: 2014-08-11 Last updated: 2017-12-05
Carlsson, M., Eriksson, S. & Gottfries, N. (2006). Testing Theories of Job Creation: Does Supply Create Its Own Demand?. Uppsala: Department of Economics, Uppsala University
Open this publication in new window or tab >>Testing Theories of Job Creation: Does Supply Create Its Own Demand?
2006 (English)Report (Other academic)
Abstract [en]

Although search-matching theory has come to dominate labor economics in recent years, few attempts have been made to compare the empirical relevance of search-matching theory to efficiency wage and bargaining theories, where employment is determined by labor demand. In this paper we formulate an empirical equation for net job creation, which encompasses search-matching theory and a standard labor demand model. Estimation on firm-level data yields support for the labor demand model, wages and product demand affect job creation, but we find no evidence that unemployed workers contribute to job creation, as predicted by search-matching theory.

Place, publisher, year, edition, pages
Uppsala: Department of Economics, Uppsala University, 2006. p. 22
Series
Working paper / Department of Economics, Uppsala University (Online), ISSN 1653-6975 ; 2006:7
Keyword
Job Creation, Involuntary Unemployment, Search-Matching, Labor Demand.
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:uu:diva-83073 (URN)
Available from: 2006-10-16 Created: 2006-10-16 Last updated: 2013-11-26Bibliographically approved
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