Active Labour Market Policies and Real-wage Determination: Swedish Evidence |
Common terms and phrases
1970 Spectral density active labour market ADF tests analysis autocorrelation business sector Calmfors and Forslund Change in log cointegrating vectors consumption real wage Correlogram 1960 Doornik effect of ALMPs elasticity heteroscedasticity Holmlund hourly wage cost income tax factor income tax rate Johansen labour force labour market policies labour market programmes labour productivity lags Log accommodation ratio Log income tax Log payroll tax Log relative import Log replacement rate National Accounts National Accounts Statistics non-stationary Normality tests normally distributed p-value parameter payroll tax factor point estimates price of imports product real wage programme participation rate QQ plot real wage rate rejected relative import price relative price replacement rate residual income progressivity restrictions root tests sample period serial correlation share of value single-equation Spectral density 1980 Swedish tax wedge total unemployment rate trend unem unit root unit root tests value added value-added tax wage-setting schedule Wald test