Publications

The main purpose of this paper is to define "Schumpeterian dynamics" and to indicate how it can serve as a basis and starting point for studies in development economics irrespective of how Schumpeter…

Existing uncertainties about the correct explanations for economic growth and business cycles cannot be settled by aggregative analysis within the neoclassical framework. Current disputes in theory re…

Adaptive economizing in a decentralized economy with alternative technologies and scarce resources leads to various kinds of locally unstable behavior. Economic disequilibrium is the rule in such a wo…

Entry is widely discussed, but rarely subjected to empirical study. This study develops a competitive theory of entry, with primary focus on the relationship between entry and industry growth. The mai…

In this paper we consider the basic self-selection model for the effects of education, training, unions, and other activities on wages. We show that past models have ignored "heterogeneity of rewards"…

The machine tool industry is tiny but crucial: it supplies the machines to cut, form, and shape metals upon which about half of the manufacturing industries are dependent. The state of the art of the…

In order to construct a theory of general equilibrium without an auctioneer we extend models of "search market equilibrium" to incorporate general equilibrium considerations. The model we treat is one…

This paper develops a simple general equilibrium model with sequential search in which a non-degenerate wage offer distribution is endogenously determined. We use this model to analyze the comparative…

The purpose of this article is to provide a deeper empirical insight into the structural change of an industry which is more relevant than that obtained by an analysis based on the traditionally estim…

Recent research on the unobserved economy suggests that the phenomenon has important implications for both macroeconomic policy and public finance. This paper focuses attention on the public finance i…

Working Paper No. 91 is published as "Price and Privatization of Public Services". In Edward M. Gramlich and Bengt-Christer Ysander (eds.), Control of Local Covernment. IUI Conference Reports 1985:1.…

Working Paper No. 90 is published as "Fiscal Limitations: An Assessment of the U.S. Experience". In Edward M. Gramlich and Bengt-Christer Ysander (eds.), Control of Local Covernment. IUI Conference Re…

Working Paper No. 89 is published as "Fiscal Containment and Local Government Finance in the U.K.". In Edward M. Gramlich and Bengt-Christer Ysander (eds.), Control of Local Covernment. IUI Conference…

Working Paper No. 88 is published as "Control of Local Authority Expenditure – The Use of Cash Limits". In Edward M. Gramlich and Bengt-Christer Ysander (eds.), Control of Local Covernment. IUI Confer…

Working Paper No. 87 is published as "Exessive Government Spending in the U.S.: Facts and Theories". In Edward M. Gramlich and Bengt-Christer Ysander (eds.), Control of Local Covernment. IUI Conferenc…

Economic analysis of household micro behavior, data collection for a longitudinal data base and development of statistical methods for collection and analysis of micro data are the three general purpo…

Between 1970 and 1978, industrial subsidies in Sweden rose from 4.9 % to 16 % of value added in mining and manufacturing. Most of this increase was due to increased wage subsidies to specific firms fa…

In this paper a timesaving method is proposed for maximizing likelihood functions when the parameter space is subject to nonlinear constraints, expressible as second order polynomials. The suggested a…

The "new electronics technology" in its various manifestations has been very much in the limelight during recent years. It has been associated with future mass unemployment or scary visions of a Brave…

In this paper we extend models of “search market equilibrium” to incorporate general equilibrium considerations. The model we treat is one with a single product market and a single labor market. Imper…

In a situation when no single sample inc1udes all the endogenous variables of a simultaneous equation model but there are two (or more) non-overlapping samples and each variable is included in at leas…

The present paper is part of a study concerning the international competitiveness of Swedish industry. The two aspects of the broad and complex question of competitiveness that have been studied so fa…

The origin of this paper was the need to provide import and export functions for the IUI-model of the Swedish economy used in the 1979 forecasting exercise, later on extended to support the analysis i…

This paper includes theoretical and empirical analyses of some effects of changes in payroll taxes. First, the implication of the standard partial equilibrium analysis is explored in Section II. In pa…

In these simulation experiments for the Swedish economy, the impact of a future oil price shock was measured in terms of the stabilization policies required, and the possibility was evaluated of insur…

This paper develops a procedure for testing the signaling hypothesis as advanced by Spence, et. al. The approach used is to examine directly the question of whether employers use education for purely…

In this paper we examine the stability properties of price dispersion equi1ibrium in a market where individuals and firms have to make efforts to collect information about the prices charged by firms…

Working Paper No. 31 is published as "Taxes and Market Instability" (author: Bengt-Christer Ysander), in Gunnar Eliasson and Jan Södersten (eds.), Business Taxation, Finance and Firm Behavior - Procee…

This paper uses a simple model to explore the effects of "increasing demand risk" on business fixed investment. We show that within a putty-clay framework an increase in demand uncertainty can be expe…

In times of inflation, most existing systems of taxation introduce new distortions into the allocation of resources. In this paper, the effects of inflation via taxes on the firm's east of capital are…

This paper is concerned with the measurement of productive efficiency. Farrell's measures of efficiency are generalized to nonhomogeneous production functions. Several new measures of efficiency have…

Technical change in general milk processing is estimated within a homothetic frontier production function allowing neutrally variable scale elasticity. The results show that technical progress is char…

The human capital model predicts that in equilibrium and in the absence of discrimination units of human capital possessed by individuals are paid the same rentals. This would hold also when comparing…

How important for success on the job is uninterrupted labor force participation? Data on labor force status for a 15 year period for individual salaried employees in Swedish Industry makes possible th…

In most applications of complete systems of demand functions to national accounts data it is implicitly assumed that the demand functions are identified. For post-war Sweden this is not an altogether…

Several attempts have been made to determine the tax differential between the corporate and non-corporate sectors of the economy, implied by the present double taxation of corporate source income. A c…

By means of a new type of production function - the WDI function – an examination has been made of the production structure in thirteen branches of Swedish manufacturing industry. The function used wh…

Within the framework given by the theory of optimal income taxation this paper investigates the progressivity of the Swedish income tax. On the assumption that taxes distort labour leisure choice some…

The multiplier effects resulting from an isolated increase in the level of public consumption within different public branches are investigated and the policy implications are discussed. The article b…

The elements of corporate and personal taxation are integrated into a corporate growth model describing a value maximizing firm. The choice parameters of the firm are (1) the growth rate, (2) the debt…