Måned: september 2011

Publisert

Peter M. Solar and Jan Tore Klovland,»New series for agricultural prices in London, 1770-1914″, Economic History Review, 64, 2011

Abstract: «New annual series for the prices of major agricultural commodities sold in London markets between 1770 and 1914 are presented. These series are based on bimonthly observations drawn from newspaper market reports. The products covered are wheat, barley (grinding and malting), oats, potatoes, hay, butter, beef, mutton, and pork. Annual prices are calculated for both calendar and production years. The new series are compared to existing series.»

Fulltekstreferanse finner du her.

Full referanse: Peter M. Solar and Jan Tore Klovland,»New series for agricultural prices in London, 1770-1914″, Economic History Review, 64, 2011, 72-87.

Publisert

Gunnar Bardsen; Jurgen A. Doornik and Jan Tore Klovland, «Wage formation and bargaining power during the Great Depression», Scandinavian Journal of Economics, 112, 2010

Abstract: «We present an econometric analysis of wage behaviour in Norway during the interwar years. The analysis is based on a panel of manufacturing industry data using GMM estimation methods. Our empirical analysis shows that wage formation in the interwar period can be understood with the help of modern bargaining theory and well-established wage equations. We estimate a long-run wage curve that has all the standard features of being homogeneous in prices, proportional to productivity, and with a negative unemployment elasticity. We also present some new Monte Carlo evidence on the properties of the estimators used.»

Fulltekstversjon finner du her.

Full referanse: Gunnar Bardsen; Jurgen A. Doornik and Jan Tore Klovland, «Wage formation and bargaining power during the Great Depression», Scandinavian Journal of Economics, 112, 2010, 211-233