Survey Evidence on Wage Rigidity and Unemployment: Sweden in the 1990s*

Agell, Jonas; Lundborg, Per

doi:10.1111/1467-9442.00002

“…Gertler and Trigari (2009) argue that the use of matched employer-employee datasets with information about the job is important in testing for such wage rigidity. Alternatively, one could use qualitative firm-level survey data to address the issue of wage rigidity of newly hired employees, since in that case the employer directly reports on the practices followed (see, inter alia, Bewley, 1999;Agell and Lundborg, 2003;Hall and Krueger, 2008). The results from studies using these last two types of data -matched employer-employee datasets with information about the job and direct survey data -are not conclusive.…”

Section: Introductionmentioning

confidence: 99%

The determination of wages of newly hired employees: Survey evidence on internal versus external factors

Galuščák

¹

,

Keeney

²

,

Nicolitsas

³

et al. 2012

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in WO R K I N G PA PE R S E R I E S N O 1153 / F E B R UA RY 2010This paper can be downloaded without charge from http://www.ecb.europa.eu or from the Social Science Research Network electronic library at http://ssrn.com/abstract_id=1547771.In 2010 all ECB publications feature a motif taken from the €500 banknote. THE DETERMINATION OF WAGES OF NEWLY HIRED EMPLOYEES SURVEY EVIDENCE ON INTERNAL VERSUS EXTERNAL FACTORS WAGE DYNAMICS NETWORK1 We would like to thank Rebekka Christopoulou for excellent data assistance; Silvia Fabiani, Roberto Sabbatini and other members of the WDN Wage Dynamics NetworkThis paper contains research conducted within the Wage Dynamics Network (WDN). The WDN is a research network consisting of economists from the European Central Bank (ECB) and the national central banks (NCBs) of the EU countries. The WDN aims at studying in depth the features and sources of wage and labour cost dynamics and their implications for monetary policy. The specific objectives of the network are: i) identifying the sources and features of wage and labour cost dynamics that are most relevant for monetary policy and ii) clarifying the relationship between wages, labour costs and prices both at the firm and macro-economic level.The refereeing process of this paper has been co-ordinated by a team composed of Gabriel Fagan (ECB, Bihan (Banque de France) and Thomas Mathä (Banque centrale du Luxembourg).form, to encourage comments and suggestions prior to final publication. The views expressed in the paper are the author's own and do not necessarily reflect those of the ESCB. Abstract 4 Non-technical summary 5

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“…Johansson-Stenman et al 2002;Solnick and Hemenway 2005), wage setting in labor economics (e.g. Agell and Lundborg 2003;Agell 2004) and public economics (e.g. Fong 2001;Alesina and La Ferrara 2005).…”

Section: The Survey and Descriptive Resultsmentioning

confidence: 99%

Who are the trustworthy, we think?

Johansson‐Stenman¹

2008

Journal of Economic Behavior & Organization

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In a representative Swedish sample people were asked to judge the relative extent that different groups of people are considered trustworthy in several dimensions, including their political views and reading habits. A statistically significant effect of similarity on perceived trustworthiness was found in each of the seven dimensions analyzed. For example, right-wing voters consider Social Democratic voters to be much less trustworthy than right-wing voters, and vice versa. Thus, it seems that perceived trustworthiness decreases quite generally with the social distance. It is argued that social identity theory offers a plausible explanation.Moreover, older people are generally considered more trustworthy than younger, and people living in small cities are considered more trustworthy than people living in big cities.

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“…Survey evidence in e.g. Behrenz (1998) and Agell & Lundborg (1999) confirm that employers often regard individuals with extensive unemployment records as less productive. Another possibility is that search activity may decrease with the duration of open unemployment.…”

Section: The Employment Equationmentioning

confidence: 99%

An Evaluation of the Swedish Trainee Replacement Schemes

Sacklén

¹

2002

SSRN Journal

3

0

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may An evaluation of the Swedish trainee replacement schemesHans Sacklén An evaluation of the Swedish trainee replacement schemesHans Sacklén* ABSTRACT This paper estimates the employment effects of the Swedish trainee replacement schemes (an active labour market program that was in operation during the 1990s). The empirical analysis exploits a large and rich administrative data set, and we control for observed and unobserved selection bias by using a multiple equation model and the maximum likelihood estimation method. The estimation results point at a selection of participants having a high ex ante probability of employment. In addition, the results suggest that participation in replacement schemes increased the re-employment probability by 5 to 10 percentage points.

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Survey Evidence on Wage Rigidity and Unemployment: Sweden in the 1990s*

Cited by 166 publications

References 17 publications

The determination of wages of newly hired employees: Survey evidence on internal versus external factors

The determination of wages of newly hired employees: Survey evidence on internal versus external factors

Who are the trustworthy, we think?

An Evaluation of the Swedish Trainee Replacement Schemes

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