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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Bibliographic Details
Main Author: Kawasaki, Kenichi
Other Authors: Hoeller, Peter, Poret, Pierre
Format: eBook
Language:English
Published: Paris OECD Publishing 1990
Series:OECD Economics Department Working Papers
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary: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 ..
Physical Description:51 p. 21 x 29.7cm