Modelling Wages and Prices for the Smaller OECD Countries

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 d...

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Detalles Bibliográficos
Autor principal: Kawasaki, Kenichi (-)
Otros Autores: Hoeller, Peter, Poret, Pierre
Formato: Capítulo de libro electrónico
Idioma:Inglés
Publicado: Paris : OECD Publishing 1990.
Colección:OECD Economics Department Working Papers, no.86.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705681806719
Descripción
Sumario: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 ...
Descripción Física:1 online resource (51 p. )