Eva M. Meyerson, Trond Petersen and Vemund Snartland
It is extraordinarily difficult to determine the extent to which the gender wage gap reflects discriminatory behaviors by employers or differences in productive capacities between men and women. We note that where piece-rate work is performed, wages…
Roger Svensson
A unique database on individual tender documents is used to analyze the relationship between strategical factors and outcomes when technical consultancy firms (TCFs) compete for foreign assignments in the infrastructure sectors. TCFs, which sell services…
Maria Saez-Marti and Jörgen W. Weibull
In the models of Young (1993a,b), boundedly rational individuals are recurrently matched to play a game, and they play myopic best replies to the recent history of play. It could therefore be an advantage to instead play a myopic best reply to the myopic…
Paul S. Segerstrom
This paper presents a model of R&D-driven growth without scale effects where firms can engage in both horizontal and vertical R&D activities. Unlike in earlier models of R&D-driven growth without scale effects by Jones (1995), Segerstrom…
Assar Lindbeck
Can income equality be combined with high economic efficiency and rapid economic growth? Fortunately, we need not to answer such a general question. Indeed, the question is poorly phrased. The relationship between income and wealth distribution, on one…
Karolina Ekholm and Rikard Forslid
This paper analyses the effect on agglomeration tendencies of allowing firms to become multi-region firms in a standard model of trade and location. More specifically, we introduce horizontal and vertical multi-region firms into the core-periphery (CP)…
Stefan Fölster and Magnus Henrekson
A number of cross-country comparisons do not find a robust negative relationship between government size and economic growth. In part this may reflect the prediction in economic theory that a negative relationship should exist primarily for rich countries…
Erika Ekström
This thesis contains two studies. The first study investigates the income distribution among Namibian households. The second study examines the differences in earnings between males and females in the Namibian labour market. In both studies we use the…
Eric van Damme and Jörgen W. Weibull
Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive dynamics in Kandori, Mailath and Rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model…
Mike Orszag and Dennis J. Snower
The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on employment, and the political difficulties in implementing more extensive reform…
Assar Lindbeck and John Hassler
This paper considers the possibility of letting a pay-go pension system mimic a fully funded pension system. Generically, it turns out to be impossible to make a less than fully funded pension system actuarially fair on average. But a non-funded pay-go…
Assar Lindbeck
Sweden experienced exceptionally fast economic growth during the century-long period 1870-1970. This illustrates that a decentralized market economy, highly open to international transactions, may be quite conductive to sustained productivity growth if…
Magnus Henrekson and Dan Johansson
In this paper it is argued that the size distribution of firms may largely be determined by institutional factors. This hypothesis is tested in an exploratory fashion by studying the evolution of the size distribution of firms over time in Sweden for a…
Richard E. Baldwin, Philippe Martin and Gianmarco I. P. Ottaviano
This paper takes a step towards formalizing the theoretical interconnections among four post-Industrial Revolution phenomena - the industrialization and growth take-off of rich "northern" nations, massive global income divergence, and rapid trade…
Erik Mellander and Per Skedinger
Investment in human capital is a central issue in the literature on economic growth. The purpose of this study is to shed light on the economic incentives for investment in university education across countries. An empirical investigation of earnings for…
Erik Mellander
Lam and Schoeni (1993) consider an equation where earnings are explained by schooling and ability. They assume that ability data are lacking and that schooling is measured with error. The estimate obtained by regressing earnings on schooling thus contains…
John Hassler and Assar Lindbeck
In an analysis of the risk-sharing properties of different types of pension systems, we show that only a fixed-fee pay-as-you-go (PAYG) pension systems can provide intergenerational risk sharing for living individuals. Under some circumstances, however,…