Rolf G. H. Henriksson
Hans Bjurek, Lennart Hjalmarsson and Finn R. Forsund
Harald Lang and Stefan Lundgren
Birgitta Swedenborg
Lars Lundberg
Per Lundborg
Nils Henrik Schager
It was early noted that the Phillips Curve explanation of wage dynamics lacks a solid microeconomic basis. As the explanatory unemployment variable in the Phillips relation is intuitively to be regarded as an indicator of labour scarcity, several authors…
Anders Klevmarken
Anders Björklund and Jeanette Åkerman
Anders Björklund
Fatemeh Ibrahimi, Lars Oxelheim and Clas Wihlborg
Sten Nyberg
Firms having significant shareholdings in one another is not an unusual phenomenon in countries where the law admits such ownership arrangements, like Sweden and Japan. In this paper the role of cross-ownership as means for deterring takeovers is examined…
Karl-Markus Modén
This paper studies the relative importance of tax incentives as merger motives in the Swedish industry during the period 1983-1987. Several econometric models are estimated and statistical tests performed. The tax-hypothesis is contrasted with an…
Erik Mellander and Bengt-Christer Ysander
A general method is described which allows a production activity to be analyzed by means of input data only. According to duality theory, the input cost shares can be completely specified without any information about output if the technology is…
Stefan Fölster
State subsidies to R & D or innovative investments in firms are organized in many different ways. Examples from the plethora of extant subsidy instruments are tax incentives, grants to researchers, project grants, loans, conditional loans, and grants…
Bo Carlsson
Over the course of the last 10 or 15 years there appears to be taking place a fundamental shift in the "industrial paradigm" governing the nature of competition in advanced industrial markets. Among the characteristics of this shift are a transition from…
Thomas Lindh
This paper reviews a growing literature investigating how economic agents may learn rational expectations. Fully rational learning requires implausible initial information assumptions, therefore some form of bounded rationality has come into focus. Such…
Pavel Pelikan
Bo Axell
In a market with information costs, i.e., a search market, the equilibrium formation of prices and outputs will differ significantly from that of a purely competitive market. The equilibrium will be either a monopoly price or a price distribution. Hence,…
Gunnar Eliasson
Gunnar Eliasson
Kenneth Burdett
Lennart Carleson
Donald G. Saari
To efficiently realize a specified goal in a distributive fashion, there needs to be an appropriate "division of labor." This is true for distributive algorithms that take advantage of the concurrent features of the new generation of computers. This is…
Russell A. Johnson
Frank P. Stafford and Michael O. Stobernack
Gunnar Eliasson and Lars Lundberg
Roy Radner
Stefan Fölster
State subsidies to R & D or innovative investments in firms are organized in many different ways. Examples from the plethora of extant subsidy instruments are tax incentives, grants to researchers, project grants, loans, conditional loans, and grants…
Anders Björklund
Sweden has for a long time spent large resources on labor market policies targeted to the unemployed. In the Anglo-Saxon labor economics literature new methods have been developed for the purpose of estimating the effects of such policies. This paper…
Donald G. Saari
Kenneth Burdett and Sunil Sharma
Kenneth Burdett
Gunnar Eliasson
Siv Gustafsson and Frank Stafford
This paper utilizes data from a Swedish household survey for 1984 (The HUS data) in combination with data on public daycare fees and spaces per child by community. We argue that the subsidy rate and availability of spaces determined by the political…
Gunnar Eliasson
The lead theme of this essay asserts that a model of economic growth has to be explicit about the market dynamics of firm behavior. Firm dynamics originates in innovative behavior and in the price and quantity adjustments of agents when their mutually…
Gunnar Eliasson