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A structural rational expectations model of U.S. monetary policy is used to make a counterfactual experiment of a strongly inflation averse Federal Reserve Bank. Results for U.S. interest rates, output, and inflation over 1965-1999 are discussed. -- Optimal monetary policy ; rational...
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This paper analyses the effects of the Single European Market and Swedish Investment liberalisation on the structure of Swedish multinationals with their EU affiliates. The empirical results suggest that the determinants associated with horizontal and vertical multinationals have become...
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it can be used to account for some of the observed differences between Sweden and the US in this respect. Our normative …
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tested by an in-depth examination of the experiences of Sweden and the US. Despite large levels of R&D spending and … comprehensive government support schemes, science-based entrepre-neurship has been far less important in Sweden compared to the US … Sweden in some areas is consistent with these changes. Our analysis suggests that a policy aimed at encouraging science …
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address this question by characterizing and evaluating the policy pursued in Sweden and the US, two countries that put a great … record, there is an impression of laggard rates of commercialization of academic research results in Sweden. Although there …
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