Publikationer

Genom den så kallade Lissabonstrategin har EU föresatt sig att bli världens ledande ekonomi före 2010. Avgörande för EU:s möjligheter att nå detta mål är att fler människor kommer i arbete. En viktig…

This book is the third annual report of the American Law Institute (ALI) project on World Trade Organization Law. The project undertakes yearly analysis of the case law from the adjudicating bodies of…

Denna utredning är strukturerad på så vis att den först beskriver de grundläggande principerna bakom regelverket för elektroniska kommunikationer i Sverige och EU. Därefter diskuteras sedan ett antal…

This study consists of an examination of productivity growth following three major technological breakthroughs: the steam power revolution, electrification and the ICT revolution. The distinction betwe…

The paper addresses mainly three questions. One, do workers tend to be employed by employers of the same ethnic group; two, what is the structure of the equilibrium wage contract; and three, do more e…

This chapter studies the importance of efficiency gains from horizontal mergers. A general theme throughout the chapter is that efficiency gains, and their pass-on to consumers, may vary substantially…

Inflödet av utländska direktinvesteringar till Sverige har ökat betydligt under de senaste femton åren. Det finns anledning att tro att detta kan påverka lönenivåer och företagens lönestruktur. Denna…

I vad mån bidrar de nya International Financial Reporting Standards (IFRS) till minskad asymmetri i information om makroekonomiska faktorers inverkan på företags »underliggande« prestation och konkurr…

Andelen av alla personliga inkomster (före skatt) som går till den översta decilen i inkomstfördelningen halverades från 1900-talets början fram till runt 1980. Därefter har deras andel ökat. Denna ut…

Den ökade integrationen i världsekonomin anses utgöra ett hot mot jobben och vår ekonomi. Enligt flera bedömare kan konkurrensen från låglöneländer som Kina och Indien förväntas leda till förlorade ar…

Vilka effekter kan skattesystemets utformning och nivån på det totala skatteuttaget få på den ekonomiska tillväxten och jobbskapandet i ekonomin? Denna fråga analyseras med utgångspunkt från teorin om…

I takt med hårdnande konkurrens om forskningsmedel har behovet av att mäta och utvärdera forskningsprestationer ökat, liksom vikten av att de mått som används verkligen fångar det vi vill mäta. I denn…

Transparens och ekonomisk tillväxt har under senare blivit mycket vanligt förekommande ord i samhällsdebatten. Å ena sidan har brist på transparens använts som förklaring till förekomsten av företagss…

De svenska, kollektivavtalsreglerade minimilönerna är höga jämfört med andra länder. Sysselsättningseffekterna av ökade minimilöner tycks också vara mer negativa i länder med höga minimilöner. Den öka…

I denna artikel undersöks, med hjälp av en patentdatabas, utfallet av statlig såddfinansiering som ges till företag och uppfinnare innan tillverkning har startat. Denna finansiering har sådana mjuka v…

Artikeln kartlägger och diskuterar internationaliseringen inom svensk ekonomisk-historisk forskning baserat på de senaste 35 årens internationella vetenskapliga publikationer. Resultaten visar på en b…

Denna artikel undersöker om tillgången på jobb i närområdet påverkar individers sysselsättning och förvärvsinkomst. Analysen bygger på mycket detaljerade geografiska uppgifter om bostäder och arbetspl…

We analyze the effects of offshoring of intermediate input production on labor demand in Sweden, distinguishing between workers with different educational attainments. The econometric results using da…

Analyzing a large panel that matches public firms with worker-level data, we find that managerial entrenchment affects workers’ pay. CEOs with more control pay their workers more, but financial incent…

We first develop a theoretical model in which individuals are embedded within a network of social relationships. We show that, conditional on being employed, the probability to find a job through soci…

We construct a model of endogenous mergers and study some issues of whether and how to control mergers, taking into account firms equilibrium response to policy. Anti-competitive mergers benefit compe…

Previous research has been inconclusive as regards the effect of outward foreign direct investment (FDI) on domestic investments. In this article, we show that this inconclusiveness can be explained a…

This study explores how wage costs for high-skilled and less-skilled labor in host countries affect the level of affiliate activities conducted by foreign MNEs. We find support for vertical FDI, in th…

Entrepreneurship is largely ignored or treated in a highly simplified way in endogenous growth theory. Still, it is now widely recognized that the supply of entrepreneurial talent is likely to be impo…

The Todaro Paradox states that policies aimed at reducing urban unemployment are bound to backfire: they will raise rather than reduce urban unemployment. The aim of this paper is to reexamine this pa…

We highlight the role of commuting cost, location and housing market in crime decision. By assuming that all crimes are committed in the central business district and that criminals create both positi…

We investigate the occurrence of bubble-crash pricing patterns in laboratory financial markets with a mixture of experienced and inexperienced traders. We find that even with a minority of experienced…

This paper studies privatization policy in an international oligopoly. The argument that equal treatment of foreign investors will be detrimental to domestic welfare by shifting profits from domestic…

This article attempts a formal analysis of the connection between property tax and urban sprawl in U.S. cities. We develop a theoretical model that includes households (who are also landlords) and lan…

This paper investigates the effects of horizontal acquisitions on the performance of target firms in the 1990's. Using French manufacturing firm-level data, we examine two main indicators of performan…

We present a growth model where agents divide time between rent seeking in the form of resource competition; and working in a human capital sector, interpreted as trade or manufacturing. Rent seeking…

The paper serves as a documentation of the survey IUI has conducted on Swedish multinational firms (MNEs) in 2004. It describes recent trends in the operations of Swedish multinational firms participa…

We develop a model in which non-white individuals are defined with respect to their social environment (family, friends, neighbors) and their attachments to their culture of origin (religion, language…

This paper tests the insiders’ dilemma hypothesis in a laboratory experiment. The insiders’ dilemma means that a profitable merger does not occur, because it is even more profitable for each firm to unil…

We analyze an oligopoly model in which differentiated criminal organizations globally compete on criminal activities and engage in local corruption to avoid punishment. When bribing costs are low, tha…

The knowledge-capital model (KC model), described in Markusen (2002), encompasses both market size (horizontal) as well as factor endowment (vertical) explanations to why multinational production occu…

We provide a possible explanation for the empirical puzzle that mergers often reduce profits, but raise share prices. If being an “insider” is better than being an “outsider”, firms may merge to preem…

The paper discusses a number of threats to the financial sustainability of social spending: increased internationalization of national economies, gradually higher relative costs of producing a number…

This paper studies whether structural properties of friendship networks affect individual outcomes in education and crime. We first develop a model that shows that, at the Nash equilibrium, the outcom…

Heterogeneous firms facing demand-induced price fluctuations imperfectly compete for heterogeneous workers. It is shown that unemployment may arise in equilibrium because of the combination of uncerta…

This study examines the impact of Anglo-American financial markets on CEO compensation. Starting from a sample of Norwegian and Swedish listed firms, we analyse this effect as manifested in the capita…

We develop a theoretical model in which whites mainly use private vehicles to commute whereas nonwhites use public transportation. We show that, for both whites and nonwhites, higher (time) distance t…

The growth effects of international financial liberalization and integration are investigated using the methodology and data developed by Rajan and Zingales (1998). The main result is that industries…

Investment liberalizing countries are often concerned that cross-border mergers & acquisitions, in contrast to greenfield investments, might have an adverse effect on domestic firms and consumers.…

Cash‐Flow‐at‐Risk (CFaR) is the cash flow equivalent of Value‐at‐Risk (VaR), a measure widely used as the basis for risk management in financial institutions. Whereas VaR‐based systems specify the max…

This paper evaluates the welfare consequences of the failing firm defense (FFD) in the EU and U.S. merger laws. To this end, I combine an oligopoly model with an ‘endogenous valuations’ auction model.…

The issue considered in this study is whether objective, official reports on disability status are reliable. While there is a rather large literature on the reliability of self-reported disability, ev…

We analyze the evolution of cultural traits when parents purposefully invest resources in order to socialize their children to the cultural traits that maximize child lifetime utility. We assume that…

We examine the effect of corruption on foreign direct investments (FDI). Starting out from the theory of FDI, we show that corruption can have different effects on horizontal investments, which are pr…

In this paper, we empirically address the hypothesis that there is a relationship between the supply of human capital and the rate and direction of skill-biased technical change (SBTC). Using country-…

Workers can find a job either directly or through personal contacts. From this micro scenario, we derive an aggregate matching function that has the standard properties but fails to be homogeneous of d…

We develop a model of vertical pricing in which an original manufacturer sets wholesale prices in two markets that are integrated at the distributor level by parallel imports (PI). The manufacturing f…

The major strand of finance literature understands market efficiency through the market's ability to process information into prices. Another strand of literature refers to the economists’ usual sense…

This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated goods. We show that welfare is a U-shaped function in the transport cost as long a…

We investigate monetary-policy autonomy under different exchange-rate regimes in small, open European economies during the 1980s and 1990s. We find no systematic link between ex post monetary-policy a…

In this paper we derive an exposure-based measure of Cash-Flow-at-Risk (CFaR). Existing approaches to calculating CFaR either only focus on cash flow conditional on market changes or neglect market-ri…

This paper contributes to the study of tacit collusion by analyzing infinitely repeated multiunit uniform price auctions in a symmetric oligopoly with capacity constrained firms. Under both the Market…

Theoretically, cross ownership may mitigate mergers, i.e. market concentrations. Holding a share in a competing firm before the acquisition of another firm, outsider-toehold, is more profitable in som…

Due to underlying technological and organizational di erences, industries di er in their need for external ÿnance. Since services provided by the ÿnancial sector are largely immobile across countries,…

A large matched employer–employee data set for Sweden is used to test several predictions from tournament theory. For white-collar workers a positive and significant effect of intra-firm wage dispersi…

This book develops and presents in an easily comprehensible way the essential elements of a corporate strategy for managing uncertainty in the macroeconomic environment. This Macroeconomic Uncertainty…

Vid Europeiska rådets möte i Lissabon våren 2000 enades EU:s stats- och regeringschefer om målsättningen att på ett decennium omvandla unionen till världens mest konkurrenskraftiga kunskapsekonomi. En…

This book is the second annual report of the American Law Institute (ALI) project on World Trade Organisation Law. The project undertakes yearly analysis of the case law from the adjudicating bodies o…