"This paper is concerned with the nature of economic growth in the nine sectors of private business in the Swedish economy for the sample period 1963-1999. The results of the study indicate that there is substantial heterogeneity (across both sectors and time) in rates of value-added, hours...

A housing market model for Sweden has been estimated on semiannual data for 1970-97 by separately modelling the demand and the supply sides, specified in error correction form. On the demand side in the short run house prices adjust to the changes in the real after tax long interest rate,...

We estimate quarterly dynamic housing demand and investment supply models for Sweden and the UK for the sample period 1970-1998, using an Error Correction Method (ECM). In order to facilitate comparisons of results between Sweden and the UK we model both countries identically with approximately...

ERES:conference

In the traditional model, an increase of interest rate will lead to a decreasing investment level because of decreasing net present values of investment projects. However, when the impact of uncertainty in the presence of irreversibility is considered, the value of waiting is introduced to the...