Abstract
This paper investigates whether sectoral influences in wage formation in The Netherlands are important enough to warrant a sectoral description of wage formation in multisector models. Wage formation in wage leading sectors is found to depend partly on macroeconomic variables and partly on sector specific influences. In the other sectors wage formation is dominated by either the wage leading sector or by macroeconomic variables. Most of the coefficients of a constructed macro wage equation based on the sectoral wage equations appear to be in line with estimated coefficients of a macro wage equation. However, if employment of the wage leading sector is used as an explanatory variable instead of macro employment, the fit of the macro wage equation improves.
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