Steinar Holden

University of Oslo - Department of Economics

Professor

P.O. Box 1095 Blindern

N-0317 Oslo

Norway

http://folk.uio.no/~sholden/

Norges Bank

Research advisor

P.O. Box 1179

Oslo, N-0107

Norway

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5

Munich, DE-81679

Germany

http://www.CESifo.de

SCHOLARLY PAPERS

35

DOWNLOADS
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2,874

CITATIONS
Rank 2,437

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Top 2,437

in Total Papers Citations

229

Scholarly Papers (35)

How Wages Change: Micro Evidence from the International Wage Flexibility Project

ECB Working Paper No. 697, IZA Discussion Paper No. 2487, FRB of New York Staff Report No. 275
Number of pages: 34 Posted: 07 Dec 2006
Northeastern University - Department of Economics, University of Lausanne, Federal Reserve Bank of New York, University of Oslo - Department of Economics, University of Girona, Federal Reserve Bank of Cleveland, International Monetary Fund and European Central Bank (ECB)
Downloads 196 (144,777)
Citation 43

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Wage setting, Wage change distributions, Downward nominal wage rigidity, Downward real wage rigidity

How Wages Change: Micro Evidence from the International Wage Flexibility Project

National Bank of Belgium Working Paper No. 96
Number of pages: 34 Posted: 09 Oct 2010
Northeastern University - Department of Economics, University of Lausanne, Federal Reserve Bank of New York, University of Oslo - Department of Economics, University of Girona, Federal Reserve Bank of Cleveland, International Monetary Fund and European Central Bank (ECB)
Downloads 157 (176,819)
Citation 43

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Wage setting, Wage change distributions, Downward nominal wage rigidity, Downward real wage rigidity

How Wages Change: Micro Evidence from the International Wage Flexibility Project

FRB of Cleveland Working Paper No. 06-20
Number of pages: 29 Posted: 18 Oct 2007
Northeastern University - Department of Economics, University of Lausanne, Federal Reserve Bank of New York, University of Oslo - Department of Economics, University of Girona, Federal Reserve Bank of Cleveland, International Monetary Fund and European Central Bank (ECB)
Downloads 53 (361,666)
Citation 43

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wage setting, wage change distributions, downward nominal wage rigidity, downward real wage rigidity

Behavioral Economics and Macroeconomic Models

CESifo Working Paper Series No. 4785
Number of pages: 35 Posted: 03 Jun 2014
John C. Driscoll and Steinar Holden
Federal Reserve Board and University of Oslo - Department of Economics
Downloads 133 (202,773)

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behavioral macroeconomics, New Keynesian model

Behavioral Economics and Macroeconomic Models

Journal of Macroeconomics, Forthcoming, FEDS Working Paper No. 2014-43
Number of pages: 35 Posted: 29 Jun 2014
John C. Driscoll and Steinar Holden
Federal Reserve Board and University of Oslo - Department of Economics
Downloads 102 (247,361)

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behavioral macroeconomics, New Keynesian model

Behavioral Economics and Macroeconomic Models

Number of pages: 34 Posted: 11 Apr 2014
John C. Driscoll and Steinar Holden
Federal Reserve Board and University of Oslo - Department of Economics
Downloads 78 (293,953)

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Behavioral macroeconomics, New Keynesian model

3.

Business Cycles and Fiscal Policy in an Open Economy

University of Aarhus Dept. of Economics Working Paper No. 1998-5
Number of pages: 34 Posted: 25 Jun 1998
Torben M. Andersen and Steinar Holden
University of Aarhus - Department of Economics and University of Oslo - Department of Economics
Downloads 209 (136,446)
Citation 1

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4.
Downloads 154 (179,392)
Citation 32

Downward Nominal Wage Rigidity in the OECD

Norges Bank Working Paper No. 2004/5, CESifo Working Paper No. 2009, ECB Working Paper No. 777
Number of pages: 41 Posted: 15 Feb 2005
Steinar Holden and Fredrik Wulfsberg
University of Oslo - Department of Economics and Oslo Business School
Downloads 86 (276,806)
Citation 32

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Downward nominal wage rigidity, OECD, employment protection legislation, wage setting

Downward Nominal Wage Rigidity in the OECD

ECB Working Paper No. 777
Number of pages: 46 Posted: 03 Sep 2007
Steinar Holden and Fredrik Wulfsberg
University of Oslo - Department of Economics and Oslo Business School
Downloads 68 (318,250)
Citation 32

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Downward nominal wage rigidity, oecd, employment protection legislation, wage setting

'Large' vs. 'Small' Players: A Closer Look at the Dynamics of Speculative Attacks

Norges Bank Working Paper
Number of pages: 28 Posted: 02 Mar 2006
The Norwegian School of Management BI, University of Oslo - Department of Economics, BI Norwegian Business School and Norges Bank
Downloads 88 (272,827)

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Speculative attacks, microstructure, international finance, large players

'Large' vs. 'Small' Players: A Closer Look at the Dynamics of Speculative Attacks

CESifo Working Paper Series No. 2518
Number of pages: 44 Posted: 19 Jan 2009
The Norwegian School of Management BI, University of Oslo - Department of Economics, BI Norwegian Business School and Norges Bank
Downloads 60 (340,065)

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speculative attacks, microstructure, international finance, large players

6.

Wage Formation Under Low Inflation

CESifo Working Paper Series No. 1252
Number of pages: 25 Posted: 14 Sep 2004
Steinar Holden
University of Oslo - Department of Economics
Downloads 106 (239,299)
Citation 6

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wage formation, nominal contracts, inflation

7.

Wage Setting Under Different Monetary Regimes

CESifo Working Paper Series No. 632
Number of pages: 27 Posted: 24 Feb 2001
Steinar Holden
University of Oslo - Department of Economics
Downloads 103 (244,088)
Citation 13

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Wage Bargaining, Monetary Union, Inflation Target, Monetary Regime, Equilibrium Unemployment

8.

Monetary Policy and Nominal Rigidities Under Low Inflation

CESifo Working Paper Series No. 481
Number of pages: 30 Posted: 11 Jul 2001
Steinar Holden
University of Oslo - Department of Economics
Downloads 102 (245,805)
Citation 3

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Nominal Wage Rigidity, Labour Contracts, Monetary Policy, Inflation, Equilibrium Unemployment

Do Government Purchases Affect Unemployment?

CESifo Working Paper Series No. 3482
Number of pages: 42 Posted: 08 Jun 2011
Steinar Holden and Victoria Sparrman
University of Oslo - Department of Economics and Statistics Norway
Downloads 84 (280,974)

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fiscal policy, unemployment

Do Government Purchases Affect Unemployment?

University of Oslo, Department of Economics No. 17/2011
Number of pages: 43 Posted: 30 May 2012
Steinar Holden
University of Oslo - Department of Economics
Downloads 11 (563,629)

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fiscal policy, unemployment, government purchases

Do Government Purchases Affect Unemployment?

The Scandinavian Journal of Economics, Vol. 120, Issue 1, pp. 124-158, 2018
Number of pages: 35 Posted: 29 Dec 2017
Steinar Holden and Victoria Sparrman
University of Oslo - Department of Economics and Statistics Norway
Downloads 1 (636,928)
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Fiscal policy, unemployment

10.

Downward Nominal Wage Rigidity in Europe

CESifo Working Paper Series No. 1177
Number of pages: 36 Posted: 07 May 2004
Steinar Holden and Fredrik Wulfsberg
University of Oslo - Department of Economics and Oslo Business School
Downloads 92 (263,219)
Citation 45

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downward nominal wage rigidity, European countries, employment protection legislation

Successful Fiscal Adjustments - Does Choice of Fiscal Instrument Matter?

CESifo Working Paper Series No. 4456
Number of pages: 47 Posted: 13 Nov 2013
Steinar Holden and Nina Midthjell
University of Oslo - Department of Economics and University of Oslo
Downloads 55 (355,161)

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fiscal adjustment, fiscal consolidation

Successful Fiscal Adjustments. Does Choice of Fiscal Instrument Matter?

Number of pages: 46 Posted: 26 Oct 2013
Steinar Holden and Nina Midthjell
University of Oslo - Department of Economics and University of Oslo
Downloads 34 (432,684)

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Fiscal adjustment, fiscal consolidation

12.

Are Real Wages Rigid Downwards?

CESifo Working Paper Series No. 1983
Number of pages: 45 Posted: 22 May 2007
Steinar Holden and Fredrik Wulfsberg
University of Oslo - Department of Economics and Oslo Business School
Downloads 89 (268,732)
Citation 4

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downward real wage rigidity, OECD, employment protection legislation, wage setting

Discrimination and Employment Protection

CESifo Working Paper Series No. 2822
Number of pages: 55 Posted: 30 Sep 2009
Steinar Holden and Asa Rosen
University of Oslo - Department of Economics and Stockholm University - Swedish Institute for Social Research (SOFI)
Downloads 51 (368,173)

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Discrimination, Employment Protection, Hiring Standards

Discrimination and Employment Protection

Number of pages: 58 Posted: 05 Nov 2011
Steinar Holden and Asa Rosen
University of Oslo - Department of Economics and Stockholm University - Swedish Institute for Social Research (SOFI)
Downloads 35 (428,452)

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Discrimination, Employment Protection, Hiring Standards

14.

Monetary Regimes and the Coordination of Wage Setting

CESifo Working Paper Series No. 429
Number of pages: 29 Posted: 19 Apr 2001
Steinar Holden
University of Oslo - Department of Economics
Downloads 81 (284,698)
Citation 7

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Wage Setting, Coordination, Equilibrium Unemployment, Monetary Regime, Monetary Union, Wage Moderation

15.

Contract Adjustment Under Uncertainty

CESifo Working Paper Series No. 1472
Number of pages: 36 Posted: 11 Jun 2005
Lars Holden, Helge Holden and Steinar Holden
Norwegian Computing Center, Norwegian University of Science and Technology (NTNU) and University of Oslo - Department of Economics
Downloads 72 (304,939)

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16.

Indebtedness and Unemployment: A Durable Relationship

Stockholm School of Economics Working Papers in Economics and Finance No. 186
Number of pages: 36 Posted: 19 Mar 1998
Tore Ellingsen and Steinar Holden
Stockholm School of Economics - Department of Economics and University of Oslo - Department of Economics
Downloads 71 (307,289)
Citation 1

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17.
Downloads 70 (309,699)
Citation 12

Inflation Persistence and Relative Contracting

FEDS Working Paper No. 2003-29
Number of pages: 10 Posted: 22 Sep 2003
John C. Driscoll and Steinar Holden
Federal Reserve Board and University of Oslo - Department of Economics
Downloads 70 (313,236)
Citation 12

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Inflation persistence

Inflation Persistence and Relative Contracting

American Economic Review, Forthcoming
Posted: 22 Sep 2003
John C. Driscoll and Steinar Holden
Federal Reserve Board and University of Oslo - Department of Economics

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Inflation persistence

18.

Implications of Insights from Behavioral Economics for Macroeconomic Models

Norges Bank Working Paper 2012/12
Number of pages: 33 Posted: 07 May 2013
Steinar Holden
University of Oslo - Department of Economics
Downloads 63 (327,424)

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behavioral macroeconomics

19.

An Equilibrium Model of Credit Rating Agencies

Norges Bank Working Paper 23
Number of pages: 34 Posted: 20 Mar 2013
University of Oslo - Department of Economics, BI Norwegian Business School - Department of Economics and University of Oxford - Department of Economics
Downloads 62 (329,963)

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Credit rating agencies, global games, coordination failure

20.

Do Choices Affect Preferences? Some Doubts and New Evidence

CESifo Working Paper Series No. 2868
Number of pages: 19 Posted: 11 Dec 2009
Steinar Holden
University of Oslo - Department of Economics
Downloads 62 (329,963)

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choice-induced changes in preferences, post-decision dissonance, cognitive dissonance, choice, carry-over effects

Wage Rigidity, Institutions, and Inflation

CESifo Working Paper Series No. 2554
Number of pages: 40 Posted: 26 Feb 2009
Steinar Holden and Fredrik Wulfsberg
University of Oslo - Department of Economics and Oslo Business School
Downloads 39 (411,455)

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wage inflation, downward nominal wage rigidity, OECD, wage setting

Wage Rigidity, Institutions, and Inflation

Univ. of Oslo Dept. of Economics Memorandum No. 03/2009
Number of pages: 37 Posted: 26 Jul 2009
Steinar Holden and Fredrik Wulfsberg
University of Oslo - Department of Economics and Oslo Business School
Downloads 21 (502,105)

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wage inflation, downward nominal wage rigidity, OECD, wage setting

22.

Wage Differentiation Via Subsidised General Training

CESifo Working Paper Series No. 848
Number of pages: 29 Posted: 28 Feb 2003
V. Bhaskar and Steinar Holden
University of Essex and University of Oslo - Department of Economics
Downloads 55 (349,859)
Citation 2

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23.

Monetary Regime and the Co-Ordination of Wage Setting

Number of pages: 35 Posted: 23 Apr 2000
Steinar Holden
University of Oslo - Department of Economics
Downloads 55 (349,859)
Citation 5

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24.

How Strong is the Case for Downward Real Wage Rigidity?

FRB of Boston Working Paper No. 07-6
Number of pages: 42 Posted: 23 Jul 2007
Steinar Holden and Fredrik Wulfsberg
University of Oslo - Department of Economics and Oslo Business School
Downloads 53 (356,043)
Citation 10

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Coordination, Fair Treatment and Inflation Persistence

FEDS Working Paper No. 2003-34
Number of pages: 37 Posted: 22 Sep 2003
John C. Driscoll and Steinar Holden
Federal Reserve Board and University of Oslo - Department of Economics
Downloads 33 (437,114)
Citation 8

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Inflation persistence, coordination problems, adaptive expectations

Coordination, Fair Treatment and Inflation Persistence

NBER Working Paper No. w9174
Number of pages: 38 Posted: 15 Sep 2002 Last Revised: 29 Oct 2010
John C. Driscoll and Steinar Holden
Federal Reserve Board and University of Oslo - Department of Economics
Downloads 20 (508,179)
Citation 8

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The Costs of Price Stability - Downward Nominal Wage Rigidity in Europe

NBER Working Paper No. w8865
Number of pages: 42 Posted: 28 Mar 2002 Last Revised: 27 Oct 2010
Steinar Holden
University of Oslo - Department of Economics
Downloads 22 (495,936)
Citation 27

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The Costs of Price Stability: Downward Nominal Wage Rigidity in Europe

Economica, Vol. 71, No. 282, pp. 183-208, May 2004
Number of pages: 26 Posted: 16 May 2004
Steinar Holden
University of Oslo - Department of Economics
Downloads 13 (551,265)
Citation 27
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27.

Population Dynamics and Macroeconomic Performance: Editors' Preface

Scandinavian Journal of Economics, Vol. 105, pp. 317-318, September 2003
Number of pages: 2 Posted: 20 Oct 2003
University of Oslo - Department of Economics, Uppsala University - Department of Economics, Uppsala University - Institute for Housing and Urban Research and University of Copenhagen - Department of Economics
Downloads 26 (459,236)
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28.

Measuring Structural Unemployment: Nawru Estimates in the Nordic Countries

Scandinavian Journal of Economics, Vol. 104, No. 1, pp. 87-104, March 2002
Number of pages: 18 Posted: 02 Dec 2002
Steinar Holden and Ragnar Nymoen
University of Oslo - Department of Economics and University of Oslo - Department of Economics
Downloads 24 (469,710)
Citation 8
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29.

A Note on Inflation Persistence

NBER Working Paper No. w8690
Number of pages: 14 Posted: 20 Dec 2001 Last Revised: 12 Dec 2009
Steinar Holden and John C. Driscoll
University of Oslo - Department of Economics and Federal Reserve Board
Downloads 21 (486,018)
Citation 2

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30.

Macroeconomic Risk, Policies and Institutions: Editor: Preface

Scandinavian Journal of Economics, Vol. 104, pp. 341-341, 2002
Number of pages: 1 Posted: 04 Jan 2003
Steinar Holden and Christian Schultz
University of Oslo - Department of Economics and University of Copenhagen - Department of Economics
Downloads 18 (502,391)
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31.

Wage Rigidity, Inflation, and Institutions

The Scandinavian Journal of Economics, Vol. 116, Issue 2, pp. 539-569, 2014
Number of pages: 31 Posted: 13 Mar 2014
Steinar Holden and Fredrik Wulfsberg
University of Oslo - Department of Economics and Oslo Business School
Downloads 0 (622,270)
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Downward nominal wage rigidity, OECD, wage inflation, wage setting

32.

'Large' Versus 'Small' Players: A Closer Look at the Dynamics of Speculative Attacks

The Scandinavian Journal of Economics, Vol. 116, Issue 2, pp. 506-538, 2014
Number of pages: 33 Posted: 13 Mar 2014
The Norwegian School of Management BI, University of Oslo - Department of Economics, BI Norwegian Business School and Norges Bank
Downloads 0 (622,270)
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Currency crises, foreign exchange trading, large players, microstructure

33.

Stabilization Policy in an Open Economy

Journal of Macroeconomics, Vol. 24, No. 3, Summer 2002
Posted: 31 Jul 2002
Torben M. Andersen and Steinar Holden
University of Aarhus - Department of Economics and University of Oslo - Department of Economics

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34.

Renegotiation and the Efficiency of Investments

Rand Journal of Economics, Vol. 30, No. 1, 1999
Posted: 02 Dec 1998
Steinar Holden
University of Oslo - Department of Economics

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35.

Sticky Consumption and Rigid Wages

Stockholm School of Economics WPS62
Posted: 20 May 1998
Tore Ellingsen and Steinar Holden
Stockholm School of Economics - Department of Economics and University of Oslo - Department of Economics

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