Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/209764 
Year of Publication: 
1997
Series/Report no.: 
Arbeidsnotat No. 1997/11
Publisher: 
Norges Bank, Oslo
Abstract: 
The Norwegian authorities pursue active labour market policies to fight unemployment by qualifying the unemployed in a wide range of programmes. We discuss theoretically and investigate empirically the effects such policies might have on the wage curve using a panel of more than 5400 Norwegian firms and regional unemployment figures. Total unemployment is a better predictor of wage pressure than open unemployment. The wage flexibility is reduced when we control for labour market programmes. The results support the view that labour market programmes shift the wage curve downwards and hence increase the equilibrium employment.
Subjects: 
active labour market policy
wages
panel data
JEL: 
C23
J38
Persistent Identifier of the first edition: 
ISBN: 
82-7553-116-0
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper
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