Scandinavian Working Papers in Economics
Working Papers,
University of Aarhus, Aarhus School of Business, Department of Economics
No 07-9: Long-run properties of some Danish macroeconometric models: an analytical approach
Søren Harck ()
Additional contact information
Søren Harck: Department of Economics, Aarhus School of Business, Postal: The Aarhus School of Business, Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark
Abstract: This paper provides an analytical treatment of various long-run aspects of the MONA model as well as the SMEC model of the Danish economy. More specifically, the analysis lays bare the long-run and steady-state nexus between unemployment and, respectively, inflation and the wage share implied by the wage and price dynamics of these models
Keywords: MONA; SMEC; Employment; Wage share; Inflation; Phillips curve; Error correction
39 pages, January 1, 2007
Full text files
07-9_soh.pdf
Questions (including download problems) about the papers in this series should be directed to Helle Vinbaek Stenholt ()
Report other problems with accessing this service to Sune Karlsson ().
RePEc:hhs:aareco:2007_009This page generated on 2024-09-13 22:14:08.