In this paper a test procedure is proposed for the skewness in autoregressive conditional volatility models. The size and the power of the test are investigated through a series of Monte Carlo simulations with various models. Furthermore, applications with financial data are analyzed in order to...

This study investigates whether net inbound migration and per capita income growth of a municipality is affected when a local sports team enters or exits the premium national leagues in ice hockey or soccer in Sweden. Local governments frequently support a local professional team through direct...

This paper studies a special class of vector smooth-transition autoregressive (VS- TAR) models containing common nonlinear features (CNFs). To test the existence of CNFs in a VSTAR model, a triangular representation for such a system containing CNFs is proposed. A procedure of testing CNFs in a...

High-Speed Rail (HSR) is designed for travelers with high value of time. HSR offer fast and reliable services and good possibilities for work during the journey. Surprisingly, these benefits of HSR investment proposals are often appraised by use of travel-time valuations of people who use...

Based on firm level data for the Swedish manufacturing sector the objective of this paper is to analyze relative labor demand effects due to offshoring. Data allow us to distinguish between goods and service offshoring and from which country Swedish firms source their inputs. Overall, our...

The Green Corridor (GC) initiative, pursued by the Swedish government and the European Commission, is intended to be a platform for innovation for long-distance freight transport aiming for more green and efficient solutions by enhanced use of economies of scale and development of new...

Using a dynamic discrete choice model that controls for unobserved heterogeneity and the initial conditions problem, we estimate the state dependence in Swedish social assistance for Swedish-born and foreign-born who were single in 1990 before the recession period started. The estimates of the...

The aim of this paper is to assess the impact of the adoption of technological packages in agriculture Kenya on the farming households, as promoted by the National Agriculture and Livestock Extension Programme (NALEP), a program run by the Government of Kenya. To this end, we collected data on...

The price of timber stumpage is one of the few natural-resource rents that can be directly observed as a market price. Rules for optimal timber harvesting under uncertainty have been found to depend on whether the timber rent price is non-stationary or stationary. In this study we extend...

This study examines how the non-targeted earned income tax credit (EITC) introduced in Sweden in 2007 has affected the labor supply of men and women living together in two-adault households and the extent to which children affect related outcomes. Using a structural discrete labor supply model...