Logo: to the web site of Uppsala University

uu.sePublications from Uppsala University
Change search
Refine search result
1 - 50 of 50
CiteExportLink to result list
Permanent link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Rows per page
  • 5
  • 10
  • 20
  • 50
  • 100
  • 250
Sort
  • Standard (Relevance)
  • Author A-Ö
  • Author Ö-A
  • Title A-Ö
  • Title Ö-A
  • Publication type A-Ö
  • Publication type Ö-A
  • Issued (Oldest first)
  • Issued (Newest first)
  • Created (Oldest first)
  • Created (Newest first)
  • Last updated (Oldest first)
  • Last updated (Newest first)
  • Disputation date (earliest first)
  • Disputation date (latest first)
  • Standard (Relevance)
  • Author A-Ö
  • Author Ö-A
  • Title A-Ö
  • Title Ö-A
  • Publication type A-Ö
  • Publication type Ö-A
  • Issued (Oldest first)
  • Issued (Newest first)
  • Created (Oldest first)
  • Created (Newest first)
  • Last updated (Oldest first)
  • Last updated (Newest first)
  • Disputation date (earliest first)
  • Disputation date (latest first)
Select
The maximal number of hits you can export is 250. When you want to export more records please use the Create feeds function.
  • 1. Bils, Mark
    et al.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Holden, Steinar
    Friberg, Richard
    Liski, Matti
    Torvik, Ragnar
    Preface to the Special Issue on Price and Wage Dynamics2010In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 112, no 4, p. 643-645Article in journal (Other academic)
  • 2. Bjoerklund, Anders
    et al.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Krueger, Alan B.
    Moen, Espen R.
    Editors' Preface2008In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 110, no 4, p. 635-637Article in journal (Other academic)
  • 3.
    Calmfors, L
    et al.
    Stockholms Universitet.
    Flam, H
    Stockholms Universitet.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Jerneck, M
    Lindahl, R
    Nordh Berntsson, C
    Rabinowicz, E
    Vredin, A
    Sverige och EMU1996Book (Other academic)
  • 4.
    Calmfors, Lars
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Flam, H
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Haaland Matlary, J
    Jerneck, M
    Lindahl, R
    Nordh Berntsson, C
    Rabinovicz, E
    Vredin, A
    EMU: A Swedish Perspective1997Book (Other (popular science, discussion, etc.))
  • 5.
    Carlsson, Mikael
    et al.
    Riksbanken.
    Eriksson, Stefan
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Product Market Imperfections and Employment Dynamics2013In: Oxford Economic Papers, ISSN 0030-7653, E-ISSN 1464-3812, Vol. 65, no 2, p. 447-470Article in journal (Refereed)
    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.

  • 6.
    Carlsson, Mikael
    et al.
    Sveriges Riksbank.
    Eriksson, Stefan
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Testing Theories of Job Creation: Does Supply Create Its Own Demand?2006Report (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.

    Download full text (pdf)
    wp2006_7
  • 7. Drazen, Allan
    et al.
    Gottfries, Nils
    Stockholms universitet.
    Seniority Rules and the Persistence of Unemployment1994In: Oxford Economic Papers, ISSN 0030-7653, E-ISSN 1464-3812, Vol. 46, no 2, p. 228-244Article in journal (Refereed)
  • 8.
    Eriksson, Stefan
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Ranking of job applicants, on-the-job search, and persistent unemployment2005In: Labour Economics, ISSN 0927-5371, Vol. 12, no 3, p. 407-428Article in journal (Refereed)
    Abstract [en]

    We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use information on whether the searching worker is employed or unemployed as a hiring criterion. We show theoretically that such ranking of job applicants by employment status raises both the level and the persistence of unemployment and numerically that the effects may be substantial. More prevalent ranking in Europe compared to the US (because of more rigid wage structures etc.) could potentially help to explain the high and persistent unemployment in Europe.

  • 9.
    Forslund, Anders
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Prices, Productivity, and Wage Bargaining in Open Economies2008Report (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.

    Download full text (pdf)
    fulltext
  • 10.
    Forslund, Anders
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Uppsala University, Units outside the University, Office of Labour Market Policy Evaluation.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Westermark, Andreas
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Prices, Productivity, and Wage Bargaining in Open Economies2008In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 110, no 1, p. 169-195Article in journal (Refereed)
    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.

  • 11.
    Forslund, Anders
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Westermark, Andreas
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Real and nominal wage adjustment in open economies2005Report (Other (popular science, discussion, etc.))
  • 12.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Booms and Busts in EMU2003Report (Other academic)
  • 13.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Comment on "Fiscal Balance During Inflation, Disinflation and Immigration: Policy Lessons."1996Other (Other academic)
  • 14.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Comment on R.W. Cooper, Business cycles: Theory, evidence and policy implications1998Other (Other academic)
    Abstract [en]

    Cooper's paper reviews some current research directions in macroeconomics. The paper made me worried about the state of macroeconomic research and my comments below consist of some critical remarks on the methodological approach in the literature reviewe

  • 15.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Comment on R.W. Cooper, Business cycles: Theory, evidence and policy implications1998In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 100, no 1, p. 243-245Article in journal (Other academic)
    Abstract [en]

    Cooper's paper reviews some current research directions in macroeconomics. The paper made me worried about the state of macroeconomic research and my comments below consist of some critical remarks on the methodological approach in the literature reviewed in the paper.

  • 16.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Comment on "The Swedish Boom to Bust Cycle: Tax Reform, Consumption and Asset Structure"1995Other (Other academic)
  • 17.
    Gottfries, Nils
    Stockholms universitet.
    Customer Markets, Credit Market Imperfections and Real Price Rigidity1991In: Economica, ISSN 0013-0427, E-ISSN 1468-0335, Vol. 58, no 231, p. 317-323Article in journal (Refereed)
  • 18.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Euron kan inte säkra Sveriges reala konkurrenssituation2003In: Dagens Industri, no Aug. 26Article in journal (Other academic)
  • 19.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Fungerar den svenska lönebildningen?2010In: 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.))
  • 20.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Growing Government Debt - International Experiences: An Introduction1996Other (Other academic)
  • 21.
    Gottfries, Nils
    Stockholms Universitet.
    Insiders, Outsiders, and Nominal Wage Contracts1992In: Journal of Political Economy, ISSN 0022-3808, E-ISSN 1537-534X, Vol. 100, no 2, p. 252-270Article in journal (Refereed)
    Abstract [en]

    While the consequences of nominal wage contracts have been rather thoroughly analyzed, there is no generally accepted theory of why such contracts prevail. In this paper I argue that the distinction between insiders and outsiders is important for understanding nominal wage contracts. Since most employment fluctuations take the form of fluctuations in hiring, insiders are normally not affected by them. Since prices are primarily determined by costs, demand shocks have small effects on real wages. Thus insiders have little incentive to change to more complicated contracts. With rigid nominal wages, nominal demand shocks have large effects on the employment opportunities of outsiders, but outsiders have little influence on labor contracts.

  • 22.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Jasidans teser vacklar2003In: Svenska Dagbladet, no Sept. 2Article in journal (Other academic)
  • 23.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Kriitinen arvio EMU-jäsenyyden taloudellisista perusteista1997In: PTT Katsaus, Vol. 1997, no 2, p. 6-Article in journal (Other academic)
  • 24.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    MACROECONOMICS2013 (ed. 1)Book (Other academic)
  • 25.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Market shares, financial constraints and pricing behaviour in the export market2002In: Economica, ISSN 0013-0427, E-ISSN 1468-0335, Vol. 69, no 276, p. 583-607Article in journal (Refereed)
    Abstract [en]

    A structural dynamic model of price and quantity adjustment is estimated on time series data for exports and export prices, Two sources of dynamics are considered: customer markets and preset prices. As predicted by the customer market model, the market share adjusts slowly after a change in the relative price and Financial conditions affect prices, Prices are found to be sticky in the sense that they do not reflect the most recent information about costs and exchange rates. A parsimoniously parameterized structural model explains about 90% of the variation in market share and the relative price.

  • 26.
    Gottfries, Nils
    Stockholms Universitet.
    Multiple Perfect Foresight Equilibriums and Convergence of Learning-Processes1985In: Journal of Money Credit and Banking, ISSN 0022-2879, Vol. 17, no 1, p. 111-117Article in journal (Refereed)
  • 27.
    Gottfries, Nils
    Stockholms universitet.
    Price Dynamics of Exporting and Import-Competing Firms1986In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 88, no 2, p. 417-436Article in journal (Refereed)
  • 28.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Ränta och växelkurs i och utanför EMU2003In: Ekonomisk Debatt, ISSN 0345-2646, Vol. 31, no 4, p. 43-49Article in journal (Other (popular science, discussion, etc.))
    Abstract [sv]

    Att ha samma ränta som övriga länder i EMU och samma växelkurs mot länder utanför EMU kan vara problematiskt om utvecklingen i Sverige skiljer sig starkt från den i valutaunionen som helhet. Att problemet med ”asymmetriska chocker” inte är något hjärnspöke visas av vad som hänt i Irland och Tyskland under EMU: s första år.

  • 29.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Rätt ränta ger ekonomisk stabilitet2003In: Upsala Nya Tidning, no Sept. 1Article in journal (Other academic)
  • 30.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Stabilitetspaktens sammanbrott ökar risken för skuldkriser2005In: Ekonomisk Debatt, Vol. 33, no 4, p. 61-63Article in journal (Other (popular science, discussion, etc.))
  • 31.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    The Persistence of Unemployment in a Dynamic Insider-Outsider Model1990In: Advances in the Theory and Measurement of Unemployment / [ed] Yoram Weiss, Gideon Fishelson, London: Macmillan Publishers Ltd., 1990Chapter in book (Other academic)
  • 32.
    Gottfries, Nils
    Stockholms universitet.
    The Scientific Illusion in Empirical Macroeconomics - Comment1991In: New Approaches to Empirical Macroeconomics / [ed] Hylleberg, S; Paldam, M, Oxford: Basil Blackwell Publ Ltd , 1991, p. 21-26Conference paper (Other academic)
  • 33.
    Gottfries, Nils
    Stockholms universitet.
    The Scientific Illusion in Empirical Macroeconomics - Comment1991In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 93, no 2, p. 149-154Article in journal (Refereed)
  • 34.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Varför finns det arbetslöshet?1995In: Ekonomisk Politik -- En vänbok till Assar Lindbeck / [ed] Calmfors, Lars, SNS , 1995, p. 75-114Chapter in book (Other (popular science, discussion, etc.))
  • 35.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Vinstdelning, vinstandelsstiftelser, löner och sysselsättning2000In: VinstandelsstiftelserArticle in journal (Other academic)
  • 36.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Why is Sweden not in EMU?2002In: Current Sweden, no 435, p. 5-Article in journal (Other (popular science, discussion, etc.))
    Abstract [en]

    Euro notes and coins are now being introduced in 12 countries in Europe, but Sweden is not among them. The decision to keep Sweden out of the EU’s Economic and Monetary Union was taken by the Riksdag (Swedish parliament) in December 1997. The aim of this article is to provide some insight into the public debate that led to the Swedish decision and also to describe something of what has happened since. The emphasis is on the economic issues but the political aspects of the matter are also discussed. To a great extent, of course, EMU is a political project. The question of Swedish membership is expected to be the subject of a national referendum in 2003.

    Download full text (pdf)
    fulltext
  • 37.
    Gottfries, Nils
    et al.
    Stockholms universitet.
    Horn, Henrik
    Stockholms universitet.
    Wage Formation and the Persistence of Unemployment1987In: Economic Journal, ISSN 0013-0133, E-ISSN 1468-0297, Vol. 97, no 388, p. 877-884Article in journal (Refereed)
  • 38.
    Gottfries, Nils
    et al.
    Stockholms universitet.
    Hylton, Keith
    Massachusetts Institute of Technology.
    Are Mit Students Rational: Report on A Survey1987In: Journal of Economic Behavior and Organization, ISSN 0167-2681, E-ISSN 1879-1751, Vol. 8, no 1, p. 113-120Article in journal (Refereed)
  • 39.
    Gottfries, Nils
    et al.
    Stockholms universitet.
    McCormick, Barry
    Southampton University.
    Discrimination and Open Unemployment in A Segmented Labor-Market1995In: European Economic Review, ISSN 0014-2921, E-ISSN 1873-572X, Vol. 39, no 1, p. 1-15Article in journal (Refereed)
    Abstract [en]

    Jobs in the primary sector require firm-specific training, with wages determined as a result of bargaining. Firms pay for the training and since they are imperfectly informed about worker productivity, they test workers before hiring them. The secondary sector is competitive. Taking a job in the secondary sector signals low productivity, and therefore workers in the secondary sector are unable to get jobs in the primary sector. Open unemployment coexists with unfilled vacancies for low wage jobs.

  • 40.
    Gottfries, Nils
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    McCormick, Barry
    University of Southampton.
    Discrimination and Open Unemployment in a Segmented Labour Market1995In: European Economic Review, ISSN 0014-2921, Vol. 39, no 1, p. 1-15Article in journal (Refereed)
  • 41.
    Gottfries, Nils
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Mickelsson, Glenn
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Stadin, Karolina
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Deep Dynamics2018Report (Other academic)
    Abstract [en]

    Combining micro and macro data, we construct demand-side shocks, which we take to be exogenous for individual firms. We estimate a reduced-form model to describe how firms adjust their production, employment, capital stock, and inventories in response to such shocks. Then, we chose the structural parameters of a theoretical model so that the theoretical model can match the impulse-response functions from the estimated reduced-form model. Firms’ reactions to demand-side shocks are well explained by a model where firms have modest market power, face convex adjustment costs and where they can vary utilization flexibly. The stock-out motive helps to explain inventory dynamics.

    Download full text (pdf)
    fulltext
  • 42.
    Gottfries, Nils
    et al.
    Stockholms universitet.
    Persson, Torsten
    Stockholms universitet.
    Empirical Examinations of the Information Sets of Economic Agents1988In: Quarterly Journal of Economics, ISSN 0033-5533, E-ISSN 1531-4650, Vol. 103, no 1, p. 251-259Article in journal (Refereed)
  • 43.
    Gottfries, Nils
    et al.
    Stockholms universitet.
    Persson, Torsten
    Stockholms universitet.
    Palmer, Edward
    Regulation, Financial Buffer Stocks, and Short-Run Adjustment: An Econometric Case-Study of Sweden, 1970-821989In: European Economic Review, ISSN 0014-2921, E-ISSN 1873-572X, Vol. 33, no 8, p. 1545-1565Article in journal (Refereed)
  • 44.
    Gottfries, Nils
    et al.
    Stockholms universitet.
    Sjostrom, Tomas
    Pennsylvania State University.
    Profit-Sharing, Employment Efficiency and Wage Stability1995In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 97, no 2, p. 281-294Article in journal (Refereed)
    Abstract [en]

    A contract between a risk-neutral firm and its risk-average workers is considered under uncertainty about product demand. We show that profit sharing can be used to attain the efficient level of employment and, at the same time, preserve optimal risk sharing between the parties. Optimal profit sharing does not imply wage variability; instead, wages are stabilized across states.

  • 45.
    Gottfries, Nils
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Sjöström, Tomas
    Pennsylvania State University, University Park, USA.
    Insider bargaining power, starting wages and involuntary unemployment2000In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 102, no 4, p. 669-688Article in journal (Refereed)
    Abstract [en]

    Recent studies of wage bargaining and unemployment have emphasized the distinction between insiders and outsiders, and that unions act in the interest of insiders. Yet it is typically assumed that insiders and recently hired outsiders are paid the same wage. We consider a model where the starting wage may differ from the insider wage, but incentive constraints associated with turnover affect the form of the contract. We examine under what conditions the starting wage is linked to the insider wage so that increased bargaining power of insiders raises the starting wage and reduces the hiring of outsiders.

  • 46.
    Gottfries, Nils
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Stadin, Karolina
    Ratio.
    The Matching Process: Search Or Mismatch?2016Report (Other academic)
    Abstract [en]

    We examine the matching process using monthly panel data for local labour markets in Sweden. We find that an increase in the number of vacancies has a very weak effect on the number of unemployed workers being hired: unemployed workers appear to be unable to compete for many available jobs. Vacancies are filled quickly and there is no (or only weak) evidence that high unemployment makes it easier to fill vacancies; hiring appears to be determined by labour demand while frictions and labour supply play small roles. These results indicate persistent mismatch in the Swedish labour market.

    Download full text (pdf)
    fulltext
  • 47.
    Gottfries, Nils
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Westermark, A
    Nominal wage contracts and the persistent effects of monetary policy1998In: European Economic Review, ISSN 0014-2921, E-ISSN 1873-572X, Vol. 42, no 2, p. 207-223Article in journal (Refereed)
    Abstract [en]

    We consider an efficiency wage model where wages affect turnover and firms choose optimal labor contracts under uncertainty about demand and productivity. We show that there may be an equilibrium with nominal wage contracts where monetary shocks affect output. Furthermore, monetary shocks have persistent effects on output because the previous state of the labor market affects the reemployment probability of quitting workers. Persistence increases if workers have bargaining power. With endogenous policy, a credibility problem arises naturally in the model. Equilibrium inflation increases with persistence but decreases with the natural rate of unemployment for given persistence.  

  • 48. Hall, Robert
    et al.
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Holden, Steinar
    Moen, Espen R.
    Schultz, Christian
    Macroeconomic fluctuations and the labor market - Preface2007In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 109, no 4, p. 643-644Article in journal (Other academic)
  • 49.
    Lundin, Magnus
    et al.
    National Institute of Economic Research, Stockholm .
    Gottfries, Nils
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Bucht, Charlotte
    Ministry of Finance, Stockholm .
    Lindström, Thomas
    Skandinaviska Enskilda Banken, Stockholm.
    Price and Investment Dynamics: Theory and plant-level data2009In: Journal of Money, Credit and Banking, ISSN 0022-2879, E-ISSN 1538-4616, Vol. 41, no 5, p. 907-934Article in journal (Refereed)
    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.

  • 50.
    Lundin, Magnus
    et al.
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Gottfries, Nils
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Lindström, Tomas
    Price and Investment Dynamics: An Empirical Analysis of Plant Level Data2004Report (Other scientific)
1 - 50 of 50
CiteExportLink to result list
Permanent link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf