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The Labor Market in Norway: 2000-2018

Author

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  • Nilsen, Øivind A.

    (Dept. of Economics, Norwegian School of Economics and Business Administration)

Abstract

Norway has a rather high labor force participation rate and a very low unemployment rate. Part of the reason for this fortunate situation is the so-called “tripartism”: a broad agreement among unions, employers and government to maintain a high level of coordination in wage bargaining. This has led to downward real wage flexibility, which has lessened the effects of negative shocks to the economy. Reduced net immigration, especially from neighboring countries, also mitigated the negative effects of the oil price drop in 2014. A potential drawback of tripartism is the difficulty of reducing employee absences and disability.

Suggested Citation

  • Nilsen, Øivind A., 2020. "The Labor Market in Norway: 2000-2018," Discussion Paper Series in Economics 4/2020, Norwegian School of Economics, Department of Economics.
    • Handle: RePEc:hhs:nhheco:2020_004
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    References listed on IDEAS

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    1. Espen Bratberg & Øivind Anti Nilsen & Kjell Vaage, 2015. "Assessing the intergenerational correlation in disability pension recipiency," Oxford Economic Papers, Oxford University Press, vol. 67(2), pages 205-226.
    2. Acemoglu, Daron & Autor, David, 2011. "Skills, Tasks and Technologies: Implications for Employment and Earnings," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 12, pages 1043-1171, Elsevier.
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    Cited by:

    1. Jonas Tungodden & Alexander Willén, 2023. "When Parents Decide: Gender Differences in Competitiveness," Journal of Political Economy, University of Chicago Press, vol. 131(3), pages 751-801.
    2. Thorleifsson, Oskar, 2021. "Unemployment Dynamics in the Nordics : Is there Heterogeneity in the Relative Importance of Ins and Outs?," Warwick-Monash Economics Student Papers 22, Warwick Monash Economics Student Papers.
    3. Hirshman, Samuel D. & Willén, Alexander, 2022. "Does Increasing Risk Widen Gender Gaps?," Discussion Paper Series in Economics 20/2022, Norwegian School of Economics, Department of Economics.

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    More about this item

    Keywords

    Wages; unemployment; Norway; gender equality; tripartism;
    All these keywords.

    JEL classification:

    • J00 - Labor and Demographic Economics - - General - - - General

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