Wage linkages between private and public sectors in Sweden
1992 (English)In: Labour, ISSN 1121-7081, E-ISSN 1467-9914, Vol. 6, no 2, 3-17 p.Article in journal (Refereed) Published
The paper examines wage linkages between private and public sectors in Sweden by means of Granger causality tests and estimation of error correction models. Wage changes in central and local governments are Granger caused by private sector wage changes. Public sector wage increases involve error correction mechanisms; the lower the relative wage in the past, the higher the current wage increases. Increases in unemployment are associated with relative wage improvements for public sector employees.
Place, publisher, year, edition, pages
1992. Vol. 6, no 2, 3-17 p.
Research subject Economics
IdentifiersURN: urn:nbn:se:uu:diva-20139DOI: 10.1111/j.1467-9914.1992.tb00240.xOAI: oai:DiVA.org:uu-20139DiVA: diva2:47912