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Modelling Wages and Prices for the Smaller OECD Countries

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  • Kenichi Kawasaki
  • Peter Hoeller
  • Pierre Poret

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 ...

Suggested Citation

  • Kenichi Kawasaki & Peter Hoeller & Pierre Poret, 1990. "Modelling Wages and Prices for the Smaller OECD Countries," OECD Economics Department Working Papers 86, OECD Publishing.
    • Handle: RePEc:oec:ecoaaa:86-en
    DOI: 10.1787/283111207150
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    Cited by:

    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.
    2. Jeff Borland & Steven Kennedy, 1998. "Dimensions, Structure and History of Australian Unemployment," RBA Annual Conference Volume (Discontinued), in: Guy Debelle & Jeff Borland (ed.),Unemployment and the Australian Labour Market, Reserve Bank of Australia.
    3. Freddy Heylen & André Van Poeck, 1995. "National Labour Market Institutions and the European Economic and Monetary Integration Process," Journal of Common Market Studies, Wiley Blackwell, vol. 33(4), pages 573-595, December.

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