Gjelsvik, Marit; Nymoen, Ragnar; Sparrman, Victoria - In: Econometrics : open access journal 8 (2020) 3/29, pp. 1-15
focus on wage formation in Norway, a small open economy, where it is custom to regard the manufacturing industry as the wage … leader. We estimate a model of wage formation in manufacturing and in two other sectors. Deciding cointegration rank is an …