Showing 1 - 10 of 92
The paper provides SVAR estimates for four open economies: the UK, Canada, Sweden and Denmark, making explicit a … another: monetary union appears easy to recommend for Sweden and Denmark, much less so for Canada and the UK. …
Persistent link: https://www.econbiz.de/10005789208
private sector employment. Our analysis suggests that the dramatic decline of the skill premium in Sweden is the result of an …Swedish census data and tax records reveal an astonishing wage compression; the Swedish skill premium fell by more than …
Persistent link: https://www.econbiz.de/10005661889
permits in Icelandic waters could conceivably remove the main current obstacle to EC membership for Iceland. This reform would …
Persistent link: https://www.econbiz.de/10005789101
We study a model that integrates productive and socialization efforts with network choice and parental investments. We characterize the unique symmetric equilibrium of this game. We first show that individuals underinvest in productive and social effort, but that solving only the investment...
Persistent link: https://www.econbiz.de/10011145425
We study how the city system is affected by the possibility for the members of the same cultural diaspora to interact across different cities. In so doing, we propose a simple two-city model with two mobile cultural groups. A localized externality fosters the productivity of individuals when...
Persistent link: https://www.econbiz.de/10005082542
This Paper is an empirical study of fiscal policy in countries with extreme monetary regimes. We study members of multilateral currency unions, dollarized countries that officially use the money of another country, and countries using currency boards. We find that belonging to an international...
Persistent link: https://www.econbiz.de/10005791738
This paper analyses the causes and consequences of offshore financial centers (OFCs). Since OFCs are likely to be tax … and simulate a model of a home country monopoly bank facing a representative competitive OFC which offers tax advantages …
Persistent link: https://www.econbiz.de/10005114144
exercise in fiscal rectitude of the 1980s and focusing on its two most extreme cases, Denmark and Ireland. We find that at …
Persistent link: https://www.econbiz.de/10005281347
Sweden is home to a remarkably large number of prosperous multinationals. We argue that this is partly the result of … regulations and controls have facilitated investment abroad by Swedish firms, while impeding foreign direct investment in Sweden … investment abroad, but opposed foreign investment in Sweden. This paper outlines the development of Swedish foreign investment …
Persistent link: https://www.econbiz.de/10005123621
, the effects of outward foreign direct investment on domestic investment, exports and employment, and second, the effects …
Persistent link: https://www.econbiz.de/10005666957