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. …

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 …

private sector employment. Our analysis suggests that the dramatic decline of the skill premium in Sweden is the result of an …

enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main … competition-friendly and therefore more growth-enhancing. …

to pay more for exclusivity, the higher the demand (the lower the cost), that is precisely when competition yields the …

Starting in 1998, the electricity market in England and Wales will be opened up to full competition, and all consumers … transactions costs exceeding £100 million a year for the first five years. Relative to a counterfactual without competition, there …

We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … show that competition improves the monitoring incentives of better quality banks and deteriorates the incentives of lower … quality banks; and that precisely for those lower quality banks competition typically compromises the effectiveness of capital …

; corporate governance; market structures and competition; and financial constraints. We conclude that private ownership and …