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Modelling Wages and Prices for the Smaller OECD Countries

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Author Info
Kenichi Kawasaki
Peter Hoeller
Pierre Poret ()

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Abstract

This paper presents work on wage/price blocks for the smaller OECD countries which has been implemented in OECD's world econometric model, INTERLINK. The paper discusses theoretical, statistical and practical aspects of the estimation of business sector wage equations and five domestic demand deflators. It also presents a variety of diagnostic simulations in order to evaluate overall model properties ...


Ce papier présente le bloc prix-salaires des petits pays du modèle mondial de l'OCDE, INTERLINK. Le papier examine les aspects théoriques, statistiques et pratiques des équations, estimées pour le taux de salaire du secteur des entreprises et cinq déflateurs de la demande intérieure. Il présente aussi un ensemble de simulations destinées à évaluer les propriétés variantielles globales du modèle ...

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File URL: http://www.sourceoecd.org/10.1787/283111207150
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Paper provided by OECD Economics Department in its series OECD Economics Department Working Papers with number 86.

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Date of creation: Oct 1990
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Handle: RePEc:oec:ecoaaa:86-en

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  1. Jeff Borland & Ian McDonald, 2000. "Labour Market Models of Unemployment in Australia," Melbourne Institute Working Paper Series wp2000n15, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne. [Downloadable!]
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This page was last updated on 2008-11-17.


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