Riskbank explains wage statistic revisions

sveriges-riksbank

Commentary published by the Riksbank on Tuesday discusses revisions to the way short-term wage statistics are derived in Sweden.

Ted Aranki and Kent Friberg, the comment's authors, create a formal test using short-term wage statistics, excluding sick pay, holiday pay, bonuses, redundancy payments and taxable benefits, on a sample of 5,700 companies in 2010. They show that there are clear indications that the difference between preliminary and final figures are systematic and that the estimates

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