Steinar Holden, June 2009

Publications in international journals or books.

• "How strong is the macroeconomic case for downward real wage rigidity?"  (with Fredrik Wulfsberg), Journal of Monetary Economics Vol. 56:4; May 2009.
• "The three outsiders and the monetary union". Chapter in EMU at ten. Should Denmark, Sweden and the UK join? (Swedish) SNS Förlag. Chapter 6 in the report by SNS Economic Policy Group, consisting of Harry Flam (chairman), Antonio Fatas, Steinar Holden, Tullio Jappeli, Ilian Mihov, Marco Pagano and Charles Wyplosz. 
• "Downward nominal wage rigidity in the OECD" (with Fredrik Wulfsberg), The B.E. Journal of Macroeconomics: Vol. 8 (2008) : Iss. 1 (Advances), Article 15. 
• "How wages change: micro evidence from the International Wage Flexibility Project", by William T. Dickens, Lorenz Götte, Erica L. Groshen, Steinar Holden, Julián Messina, Mark E. Schweitzer, Jarkko Turunen and Melanie Ward-Warmedinger, Journal of Economic Perspectives, 21, 2, Spring 2007, 195-214.
• "Monetary regimes and the co-ordination of wage setting". European Economic Review 49, 2005, 833-843.
• "Behavioural macroeconomics and the aggregate supply puzzle". The Nordic Journal of Political Economy 30 (1), 2004, 27-36.
• "Wage formation under low inflation". In Collective Bargaining and Wage Formation - Challenges for an European Labour Market, H. Piekkola and K. Snellman (eds), Springer-Verlag, 2004, pp 39-58.
• "Fairness and inflation persistence".). Journal of European Economic Association 2, (2-3), Papers and Proceedings, 2004, 240-251. With John Driscoll.
• "The costs of price stability - downward nominal wage rigidity in Europe" Economica 71, 2004, 183-208.
• "Inflation persistence and relative contracting", American Economic Review 93, September 2003, 1369-1372. With John Driscoll.
• "Wage setting under different monetary regimes", Economica, 70, 2003, 251-266.
• "Stabilization policy in an open economy". Journal of Macroeconomics 24, 2002, 293-312. With Torben Andersen.
• "Measuring structural unemployment: NAWRU-estimates in the Nordic countries", Scandinavian Journal of Economics 104, 2002, no 1, 87-104. With Ragnar Nymoen.
• "Does price stability exacerbate labour market rigidities in the EMU?", Empirica 28, 2001, 401-417.
• "Noisy signals in target zone regimes: Theory and Monte Carlo experiments". European Economic Review 43, 1999, 1531-1567. With Dag Kolsrud.
• "Renegotiation and the efficiency of investments". Rand Journal of Economics 30, No 1, 1999, 106-119.
• "Wage drift and the relevance of centralised wage setting". Scandinavian Journal of Economics 100, 1998, 711-731.
• "Sticky consumption and rigid wages". In Brakman, S., H. van Ees and S.K. Kuipers (eds): Market Behaviour and Macroeconomic Modelling, 183-200. Basingstoke: MacMillan, 1998. With Tore Ellingsen.
• "Ratifying quorum and bargaining power". International Economic Review 38, 1997, 825-851. With Hans Haller.
• "Optimal contract length in a reputational model of monetary policy". European Economic Review 41, 1997, 227-243. With Chris Ellis.
• "Wage bargaining, holdout, and inflation". Oxford Economic Papers 49, 1997, 235-255.
• "The credibility of a fixed exchange rate. How reputation is gained and lost". Scandinavian Journal of Economics 98, 1996, 485-502. With Birger Vikøren.
• "Wage bargaining and nominal rigidities". European Economic Review 38, 1994, 1021-1039.
• "Interest rates in the Nordic countries: A test based on devaluation expectations". Scandinavian Journal of Economics 96, 1994, 15-30. With Birger Vikøren.
• "Entry into a new market: A game of timing". International Journal of Industrial Organization 12, 1994, 549-568. With Christian Riis.
• "Bargaining and commitment in a permanent relationship". Games and Economic Behaviour 7, 1994, 169-176.
• "Network or pay-per-view? A welfare analysis". Economics Letters 43, 1993, 59-64.
• "Wage moderation and union structure". Oxford Economic Papers 43, 1991, 409-423. With Oddbjørn Raaum.
• "Exchange rate policy and wage formation in an economy with many trade unions". European Economic Review 35, 1991, 1543-1557.
• "Insiders and outsiders in labour market models". Journal of Economics 52, 1990, 43-54.
• "Wage drift in Norway: A bargaining approach". In Wage Formation and Macroeconomic Policy in the Nordic Countries, 333-358. L. Calmfors (ed), SNS og Oxford University Press, 1990.
• "Wage formation in Norway". In Wage Formation and Macroeconomic Policy in the Nordic Countries, 237-280. L. Calmfors (ed), SNS og Oxford University Press, 1990. With Asbjørn Rødseth.
• "A letter to the Editor on wage bargaining". Journal of Economic Theory 52, 1990, 232-236. With Hans Haller.
• "Wage drift and bargaining: Evidence from Norway". Economica 56, 1989, 419-432.
• "Wage bargaining: Theory and some Norwegian evidence". PhD Dissertation, Department of Economics, University of Oslo, submitted 16 August 1989.
• "Local and central wage bargaining". Scandinavian Journal of Economics 90, 1988, 93-99.

Other selected papers.

• "Measures to improve wage formation in Sweden. Comments on proposals regarding mediation and conflict resolution", November 1999. Report to the Commission on the Strengtening of the Mediation Authority in Sweden, led by Svante Öberg. (with Karl Ove Moene)
• "The cyclical budget balance - fiscal indicators and cyclical sensitivity in the Nordic countries", Report for the Nordic Council of Ministers, August 1999. (With Henrik Braconier)
• "The unemployment problem - A Norwegian perspective". OECD Economics Department Working Papers 172, 1997, Paris.
• "Wage formation in Norway". I NAUT 1990:4 (Nordisk Ministerråd), Nordic Labour Market Policies and Labour Market Research, 209-217.

Selected publications in Norwegian or other Scandinavian languages

• "Kortere arbeidsdag – bedre liv eller trussel mot velferdsstaten?", Søkelys på arbeidsmarkedet 23, 2006, 83-87.
• "Om god og dårlig deflasjon". Økonomisk forum 58, nr 6, 2004, 14-15.
• "Konkurranseevne, lønnsdannelse og kronekurs", Økonomisk forum 57, nr 5, juni 2003, 15-19.
• "Oljepenger og "ubetalte regninger"" (Om Nasjonalbudsjettet 2002). Økonomisk forum 55, nr 5, oktober 2001, 8-10.
• "En strategi for sysselsetting og verdiskaping". Sosialøkonomen 54, nr 6, september 2000, 10-15.
• "Inntektspolitikk ved et inflasjonsmål". In Jan Fredrik Qvigstad og Øistein Røisland (eds), Perspektiver på pengepolitikken, 143-186, Gyldendal Akademisk, 2000.
• "Pengepolitisk regime for Norge". In A.J. Isachsen and O.B. Røste (eds). Euroen og den norske krones skjebne, 127-152. Bergen: Fagbokforlaget, 1999.
• "Frie kapitalkrefter. Noen konsekvenser for nasjonal økonomisk-politisk styring". Fafo rapport 273, 1999. Det 21. århundrets velferdssamfunn.
• "Sentrale lønnsforhandlinger, lønnsforskjeller og samfunnsøkonomisk effektivitet", Søkelys på arbeidsmarkedet 15, 1998, 69-76.
• "Inntektspolitikken - hvordan virker den og hva kan oppnås?", Arbeidsnotat ved Finansdepartementet, nr 29, 1998. "Kronekurs og valutakursregime - må kronen appresiere?", Sosialøkonomen 51, nr 5, 1997, 2-8.
• "Strukturledighet og stabiliseringspolitikk", Norsk Økonomisk Tidsskrift 110, 1996, 139-175.
• "Makroekonomisk teori om arbetslöshet", Arbetsmarknad & Arbetsliv 2, nr 1, 1996, 37-51.
• "Nytt avgiftssystem kan gi dyrere biler", Sosialøkonomen 50, nr 4, 30-36, 1996.
• "Valg av penge- og valutapolitisk regime", Arbeidsnotat ved Finansdepartementet nr 27, 1995.
• "Norsk EU-medlemskap - konsekvenser for arbeidsledigheten". Sosialøkonomen 48, nr 7/8, 22-27, 1994.
• "Inflasjon og arbeidsledighet - Om tolkning av empiriske funn og implikasjoner for økonomisk politikk". Sosialøkonomen 47, nr 9, 10-15, 1993.
• "Spill mellom fagforeninger og regjering". Norsk Økonomisk Tidsskrift 104, 1990, 289-30.