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'Large' vs. 'small' players : a closer look at the dynamics of speculative attacks
Bjønnes, Geir H.; Holden, Steinar; Rime, Dagfinn; … - 2009
players moved early. Interest rates did not increase in Sweden so there was little to gain by a delayed attack. -- Speculative …
Persistent link: https://www.econbiz.de/10003806083
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Gatekeeping versus monitoring : evidence from a case with extended self-reporting of sickness absence
Torsvik, Gaute; Vaage, Kjell - 2014
We examine the impact of a policy reform that gave employees in a municipality extended rights to self-declare sickness absence. To identify the effect of bypassing the physician as an absence certifier we contrast the development of absence in the reform municipality with absence in similar...
Persistent link: https://www.econbiz.de/10010461267
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Labor market effects of COVID-19 in Sweden and its neighbors : evidence from novel administrative data
Juranek, Steffen; Paetzold, Jörg; Winner, Hannes; … - 2020
spread of COVID-19 at the onset of the pandemic: While Denmark, Finland and Norway imposed strict measures (‘lockdowns …’), Sweden decided for much lighter restrictions. Empirically, we use novel administrative data on weekly new unemployment and … furlough spells from all 56 regions of the Nordic countries to compare the labor market outcomes of Sweden with the ones of its …
Persistent link: https://www.econbiz.de/10012258526
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Vertical integration in tradable green certificate markets
Coria, Jessica; Jaraitė, Jūratė - 2024
This study examines how the impact of Tradable Green Certificates (TGC) on profitability and investment behavior varies depending on the vertical integration status of regulated firms. Our theoretical model predicts that vertical integration does not lead to higher profits when internal pricing...
Persistent link: https://www.econbiz.de/10014521191
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Natural resource endowment : a mixed blessing?
Thorvaldur Gylfason - 2011
that arise along the way. Special attention is given to Norway, the world's third largest oil exporter, and the role of …
Persistent link: https://www.econbiz.de/10009010049
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What should fiscal councils do?
Calmfors, Lars; Wren-Lewis, Simon - 2011
The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done. It is concluded that fiscal councils should be advisory,...
Persistent link: https://www.econbiz.de/10009011182
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The Swedish fiscal policy council : watchdog with a broad remit
Calmfors, Lars - 2012
The Swedish Fiscal Policy Council (FPC) set up in 2007 is one example of the recent international trend to create independent fiscal watchdogs. The FPC has established itself as an important participant in the Swedish economic policy discussion. The FPC has small resources and a broad remit...
Persistent link: https://www.econbiz.de/10009488889
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Let bygones be bygones? : socialist regimes and personalities in Germany
Friehe, Tim; Pannenberg, Markus; Wedow, Michael - 2015
This paper investigates the influence of political regimes on personality, using the separation of Germany into the socialist GDR and the democratic FRG and its reunification in 1990 as a natural experiment. We show that there are significant differences between former GDR and FRG residents...
Persistent link: https://www.econbiz.de/10011295790
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Relative consumption, working time, and trade unions
Goerke, Laszlo; Hillesheim, Inga - 2013
Status considerations with respect to consumption give rise to negative externalities because individuals do not take into account that their decisions affect the relative consumption position of others. Further, status concerns create incentives for excessive labour supply in competitive...
Persistent link: https://www.econbiz.de/10009764940
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Welfare-enhancing trade unions in an oligopoly with excessive entry
De Pinto, Marco; Goerke, Laszlo - 2019
Trade unions are often argued to cause allocative inefficiencies and to lower welfare. We analyze whether this evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per firm declines with the number of firms (business...
Persistent link: https://www.econbiz.de/10012024580