We specify a multiple-equation model with equilibrium-correction terms, which connect inflation to the wage share and the functional income distribution, […]
A framework for forecasting new COVID-19 cases jointly with hospital admissions and hospital beds with COVID-19 cases is presented. This
In a new article in Oxford Economic Papers, by Elin Svartstad and Ragnar Nymoen, the empirical relationship between the within-establishment
Counterfactual analysis of the impact of Covid-19 can be based on a solution of a macroeconomic model for a scenario
The non-causal (“forward-looking”) solution used routinely in academic macroeconomics may represent a violation of a law of entropy, namely that
Wage coordination plays an important role in macroeconomic stabilization. Pattern wage bargaining systems have been common in Europe, but in
Oxford Research Encyclopedia of Economics and Finance. Oxford University Press in November 2021. Link to published article. The specification of
