Studie
Models for forecasting annual wage growth
This memo documents a set of VAR models that are part of Norges Bank's model suite for forecasting annual wage growth. The models are used in conjunction with structural models, surveys, and information on wage settlements to forecast wage growth in Norway. Two models are used: one focusing on mainland Norway, and the other on the manufacturing sector. These models analyze the relationship between macroeconomic variables and wage growth, offering insights into how changes in factors like the wage share, productivity value, inflation expectations, and the output gap influence wage projections.
Publisert
Eier
Norges Bank
Forfatter
Kristine Aunvåg Matsen
Språk
engelsk
Kilde
ISBN
9788283793598
Tema
utdanning og forskning økonomi