189. What Can Input Tell About Output? Analyzing Productivity and Efficiency in the Absence of Output measures

Erik Mellander and Bengt-Christer Ysander

188. Information in Economic Theory: An Austrian Approach

Michael Lundholm

187. How Effective are Government R&D Subsidies: The Empirical Evidence

Stefan Fölster

Government subsidized industrial R & D stands for a large and increasing segment of the total R & D conducted. Yet very little is known about the effectiveness of such subsidies. This paper summarizes the empirical literature concerning direct…

186. The “Incentive Subsidy” for Government Support of Private R&D

Stefan Fölster

An "incentive subsidy" policy for subsidizing private R & D is proposed that can be more efficient, from a social point of view, than subsidy policies in common use such as a "normal" subsidy policy (fixed amount granted at project start), and…

185. The Taxation of Income from Capital in Sweden 1980-91

Jan Södersten

184. Pricing Strategies and the Firm’s Exposure to Exchange Rate and Macroeconomic Shocks

Lars Oxelheim and Claes Wihlborg

183. Optimal Firm Size, Taxes, and Lay-offs

Kenneth Burdett

182. The Dynamics of Supply and Economic Growth: How Industrial Knowledge Accumulation Drives a Path Dependent Economic Process

Gunnar Eliasson

181. Productivity Analysis: A Micro-to-Macro Perspective

Bo Carlsson

This paper raises several issues concerning productivity analysis. An attempt is made to demonstrate the usefulness of a micro-based approach to productivity analysis which challenges some basic assumptions of conventional analyses based on aggregate…

180. Speculation, Bubbles, and Sunspots under Structural Uncertainty

Clas Wihlborg

179. Herman Wold on Optimal Properties of Exponentially Weighted Forecasts

Harald Lang

178. Documentation of the Planning Survey Data: Cross-Section and Panel

James W. Albrecht

177. Hedging and Managing Exchange Rate and Related Macroeconomic Exposure

Lars Oxelheim and Clas G. Wihlborg

Hedging transaction and translation exposures to exchange rate changes may increase the economic exposure of the firm and reduce the information value of firms' quarterly statements. In this paper hedging macroeconomic exposures, of which exchange rate…

176. Services in Industry: An International Comparison

Tomas Pousette

175. Den offentliga sektorn – effektivitet och produktivitet

Richard Murray

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