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Wages and Subjective Assessments of Regional Labour Market Pressure

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Author Info
Kåre Johansen () (Department of Economics, Norwegian University of Science and Technology)
Fredrik Carlsen () (Department of Economics, Norwegian University of Science and Technology)

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Abstract

We utilise a rich set of regional labour market variables to explain regional variation in Norwegian manufacturing wages. In particular, regional indicators of labour market pressure are computed from survey data in which respondents are asked to evaluate local job prospects. We find that average reported satisfaction with local job prospects and other survey-based indicators perform better in regional wage equations than traditional labour market variables, including the regional unemployment rate. Our results suggest that surveys may provide useful information about regional labour markets.

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Publisher Info
Paper provided by Department of Economics, Norwegian University of Science and Technology in its series Working Paper Series with number 2002.

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Length: 34 pages
Date of creation:
Date of revision: 15 Apr 2002
Handle: RePEc:nst:samfok:2002

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Related research
Keywords: Regional wages Labour market pressure Survey data

Find related papers by JEL classification:
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    Other versions:
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