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Home , Assar Lindbeck, Per Krusell, Torsten Persson

SEMINAR PAPER SERIES.

The Series was initiated in 1971.

1971

1. Bruce McFarlane Economic Policy and Economic Growth in Communist China. Comments by Derek T. Healey. 2. Stabilization Policy in an Open High Employment Economy - Swedish Experiences. 3. Marian Radetzki The Swedish Grain Storage Venture in Tanzania: A Micro Evaluation 4. Derek T. Healey and The Economic Development of Papua/New Bruce McFarlane Guinea. 5. Per Wijkman Capital Movements and Economic Development: The determinants of Capital Imports into Australia, Canada, and 1860-1914. 6. Frederick F. Clairmonte Zambia Wages, Incomes and Employment: An Overview. 7. Derek T. Healey Sweden: Problem and Opportunity. 8. Lars Nyberg Import Determination. An Empirical Theory. 9. Derek T. Healey Planning and Development: The End of an Era. 10. Derek T. Healey Development Policy: A New Assessment. 11. Derek T. Healey Industrialization in the Developing Countries with Special Reference to Africa. 12. Sven Grassman Some Widespread Misunderstandings in International Finance.

1972

13:01. Marian Radetzki Aid and Development. Part I: Principles and Methods. 13:02. Marian Radetzki Aid and Development. Part II: Problems of Application. 14. Lennart Fridén Fluctuations in the International Steel Market 1953-68. A Study of Import and Export Functions. 15. Derek T. Healey Foreign Capital and Exports in Economic Development. The Experience of Eight Asian Countries. 16. Besim Üstünel Economic Growth in Sweden, Japan and Turkey: A Comparison of Success and Failure. 17. Besim Üstünel A Note on the Choice of a Growth Model. For the Case Study of Sweden, Japan and Turkey. 18. Besim Üstünel Growth, Trade and Technology: From "Trade- Generated- Growth" to "Growth Generated- Trade and the Cases of Sweden, Japan, Turkey. 19. Kenneth J. Rothwell Economic Policy and the National Accounts of Latin America. 20. Franz Gehrels Optimal Growth of an Open Economy. 21. Sven Grassman Exchange Reserves and the Financial Structure of Foreign Trade. A Study in Commercial Capital Movements. 22. William H. Branson Macroeconomic Equilibrium with Portfolio Balance in Open Economies. 23. Michael Michaely Trade Restriction and Welfare.

1973

24. Robert E.B. Lucas Hedonic Price Functions. 25. Stanislaw Wellisz A Reconsideration of Shadow Pricing of Labor in Dual Economies. 26. Assar Lindbeck The National State in an Internationalized World Economy. 27. William H. Branson Factor Inputs. U.S. Trade, and the Heckscher- Ohlin Model. 28. Johan Myhrman A Macroeconomic Model with Asset Equilibrium for an Open Economy. 29. Lars Nyberg and Quasi-Dynamic and Dynamic Methods in an Staffan Viotti Economic Planning Problem. 30. Lars Nyberg and The Policy Conflict between Internal and Staffan Viotti External Balance under Fixed Exchange Rates. An Optimizing Approach. 31. Sixten Korkman Foreign Exchange Reserves and the Adjustment Mechanism. 32. Ronald L. Teigen Monetary and Fiscal Influences on Economic Activity: Evidence from Denmark, Finland, and Norway. 33. Assar Lindbeck Some Fiscal and Monetary Policy Experiments in Sweden. 34. William H. Branson and Inflation in Open Economies: Supply- Johan Myhrman Determined versus Demand-Determined models. 35. Assar Lindbeck Endogenous Politicians and the Theory of Economic Policy. 36. Ephraim Kleiman and The Measurement of Welfare Loss from Tariffs: Michael Michaely Some Further Explorations.

1974

37. Hans Tson Söderström Optimal Production and Growth Policies of the Competitive Firm. 38. Johan Myhrman Balance of Payments Adjustment and Portfolio Theory: A Survey. 39. Dwight M. Jaffee The Specification of Disequilibrium in Flow of Funds Models. 40. Richard Portes Macroeconomic Equilibrium under Central Planning, or "Should we suppress repressed inflation?" 41. T.S. Barker The Variety Hypothesis as an Explanation of International Trade. 42. Richard H. Snape Trade Policy and Product Variety.

1975

43. William . Branson and Flow and Stock Equilibrium in a Dynamic Ronald L. Teigen Metzler Model. 44. Assar Lindbeck Inequality and Redistribution Policy Issues. 45. Lars Calmfors Swedish Inflation and International Price Influences. 46. Don Roper Two Ingredients of Monetarism in an International Setting. 47. Stephen F. Leroy On Investment and the Structure of Macroeconomic Models. 48. John Muellbauer Community Preference and the Representative Consumer. 49. Ephraim Kleiman Trade and the Decline of Colonialism. 50. Dwight Jaffee and The Welfare Implications of Uneven Inflation. Ephraim Kleiman (Also as reprint No. 89). 51. Stanley W. Black Multilateral and Bilateral Measures of Effective Exchange Rates in a World Model of Traded Goods. 52. Pentti J.K. Kouri The Exchange Rate and the Balance of Payments in the Short Run and in the Long Run.

1976

53. Stanley W. Black Exchange Policies for Less Developed Countries in a World of Floating Rates. 54. Assar Lindbeck Stabilization Policy for Less Developed Countries in a World of Floating Rates. 55. Dwight M. Jaffee and Monetary Policy in Small, Open Economies: Johan Myhrman The Nordic Countries. 56. Ronald Findlay Relative Backwardness, Direct Foreign Investment and the Transfer of Technology: A Simple Dynamic Model. 57. Gunnar Myrdal Environment and Economic Growth 58. Carl Hamilton Economic Effects in Developing Countries of Donor-Imposed Conditions on Foreign Aid. 59. Lars Calmfors A Two Sector Model for Inflation and Unemployment in a Small Open Economy. 60. Thomas C. Lowinger Domestic Inflation and Exchange Rate Changes: The LDCs Case. 61. Lars Nyberg and Controllability and the Theory of Economic Staffan Viotti Policy: A Critical Note. 62. Pentti J. Kouri The Determinants of the Forward Premium. 63. Pentti J. Kouri International Investment and Interest Rate Linkages under Flexible Exchange Rates. 64. Lars Nyberg and Stabilization Policy in the Small Open Staffan Viotti Economy. 65. Clas Wihlborg Flexible Exchange Rates, Currency Risks and the Integration of Capital Markets. 66. William H. Branson Asset Markets and Relative Prices in Exchange Rate Determination. 67. Pentti J. Kouri Capital Flows and the Dynamics of Exchange Rate.

1977

68. Carl Hamilton Individual Preferences, Population Growth and Project Appraisal in Developing Countries. 69. Carl Hamilton Appraising Import of Capital Goods to Developing Countries. 70. Hans Tson Söderström Money Wage Disturbances and Stabilization and Staffan Viotti Policy in Small Open Economy. 71. Sven Grassman Financial Aspects of the Internalization Process. 72. Richard Portes West-End Capital Flows: Dependence, Interdependence, and Policy. 73. Lars Nyberg and Limited Instrument Flexibility and the Staffan Viotti Assignment Principle. 74. Harvey E. Lapan Price Changes, Price Uncertainty and Resource Allocation in an Open Economy. 75. Stanley W. Black The Political Assignment Problem an the Design of Stabilization Policies and Open Economies. 76. Lars E.O. Svensson Effective Demand and Stochastic Rationing. 77. Lars Calmfors and Price Formation in Open Economies - A Case Jan Herin Study of Sweden. 78. Lars E.O. Svensson Effective Demand in a Sequence of Markets. 79. Harvey E. Lapan Price Uncertainty, Information and Resource Allocation. 80. World Inflation and National Policies. 81. Harvey E. Lapan More on General Equilibrium Models of Uncertainty and Trade. 82. J. Clark Leith The Government Budget Regime and the Foreign Exchange Regime. 83. Assar Lindbeck Economic Dependence and Interdependence in the Industrialized World. 84. Clas Wihlborg Currency Risks in International Financial Markets under Different Exchange Rate Regimes. 85. Marian Radetzki Will the Long-Run Global Supply of Industrial Minerals be Adequate? A Case Study of Iron, Aluminium and Copper. 86. Ronald Findlay An "Austrian" Model if International Trade and Interest Rate Equalization 87. Lars E.O. Svensson Price Uncertainty, Sequential Trade and Intertemporal Pareto Efficiency. 88. Lars E.O. Svensson Efficiency and Speculation with Price- Contingent Markets: The Case with Discrete Expectations. 89. Masanao Aoki On Short-Run Dynamic Behavior of a Small Open Economy under a Flexible Exchange Rate Regime. 90. Erik Lundberg Fiscal and Monetary Policies in Taiwan. 91. János Kornai and The Normal State of the Market in a Shortage Jörgen W. Weibull Economy: A Queue Model. 92. Clas Wihlborg Interest Rates, Currency Risks and Exchange Rate Adjustments. An Empirical Study. 93. Johan Myhrman The Determinants of Inflation and Economic Activity in Sweden.

1978

94. Staffan Viotti Inflation, the Terms of Trade and Flexible Exchange Rates. 95. Assar Lindbeck Imported and Structural Inflation and Aggregate Demand - The Scandinavian Model Reconstructed. 96. Horst Herberg and In Defence of Some "Paradoxes" of Trade Murray C. Kemp Theory. 97. Lars Nyberg Imported and Homemade Inflation under Fixed and Floating Exchange Rates. 98. Alan V. Deardorff and What have we Learned from Linked Robert M. Sterm Econometric Models? A Comparison of Fiscal- Policy Simulations. 99. Alan V. Deardorff Weak Links in the Chain of Comparative Advantage. 100. Marian Radetzki and Can Scrap Save us from Depletion? Lars E.O. Svensson 101. Pentti J. Kouri Profitability and Growth in a Small Open Economy. 102. Alan V. Deardorff Comparative Advantage and Natural Trade in General Equilibrium. 103. Mohiuddin Alamgir Towards a Theory of Famine. 104. Alan V. Deardorff One-Way Arbitrage and its Implications for the Foreign Exchange Markets. 105. Mohiuddin Alamgir Some Reflections on Below Poverty Level Equilibrium Trap. The Bangladesh Experience. 106. Guillermo A. Calvo and Hierarchy, Ability, and Income Distribution. Stanislaw Wellisz 107. Horst Herberg A Multi-Sectoral Model with Money, Unemployment and Trade. 108. Carl Van Duyne Imperfect Foresight, Flexible Exchange Rates, and the Insulation of Small Open Economies from Foreign Price Disturbances. 109. Richard Portes Internal and External Balance in a Centrally Planned Economy. 110. Michael Michaely Income Levels and the Structure of Trade. 111. Michael Michaely The Income Level of Exports and Tariff Discrimination. 112. Michael Michaely Analyses of Devaluation: Purchasing-Power Parity, Elasticities and Absorption. 113. János Kornai Resource-Constrained versus Demand- Constrained Systems. 114. Marian Radetzki The Rising Production Costs of Base Materials: The Case of Copper. 115. Horst Herberg Stagflation as a Consequence of an Expansionary Monetary or Fiscal Policy under Flexible Exchange Rates.

1979

116. Carl Hamilton Import Penetration and Import Price Elasticities with Special Reference to Dynamic LDC Export Commodities: The Case of Sweden. 117. Thorvaldur Gylfason Interest, Inflation and the Aggregate Consumption Function. 118. and Macro-Economic Adjustment with Import Price Jeffrey Sachs Shocks: Real and Monetary Aspects. 119. Harvey Lapan and The von Neumann Turnpike under Uncertainty: Roy Gardner 2-Sector Case. 120. Gary P. Sampson and Effects of Variable Import Levies and Options Richard H. Snape for Retaliations. 121. Lance Taylor Denationalization vs. National Growth: Who Gains from the "Advantage" of the MNC's? 122. Alternative Transactions Variables in Money Demand Equations: A Note on the Baumol- Tobin Theory. 123. John D. Helliwell Policy Modelling of Foreign Exchange Rates. 124. Mordechai E Kreinin United States Foreign Economic Policy - An Overview. 125. Mordechai E Kreinin Effect of European Integration on Trade Flows in Manufactures. 126. Ronald W. Jones Demand Behavior and the Theory of International Trade. 127. Lars Calmfors and Wage Indexation and Macroeconomic Stability Staffan Viotti in the Open Economy. 128. Kalyan K. Sanyal and The Theory of Trade in Middle Products. Ronald W. Jones 129. Inflation and Balance of Payments Adjustments with Maximizing Consumers. 130. Clas G. Wihlborg and Outer Space Resources in Efficient and Per M. Wijkman Equitable Use - New Frontiers for Old Principles. 131. Laurence Weiss Information Aggregation and Policy. 132. J.A. Frenkel, A Synthesis of Monetary and Keynesian T. Gylfason and Approaches to Short-Run Balance-of-Payments J.F. Helliwell Theory. 133. Thorvaldur Gylfason and Cost Inflation and Macroeconomic Theory. Assar Lindbeck 134. P.K.M. Tharakan of Protection - An Empirical Investigation of the Belgian Case. 135. Pavel Pelikan Towards a Rational Method of Choosing Economic Institutions.

1980

136. Stanley W. Black Central Bank Intervention and the Stability of Exchange Rates. 137. Gordon C. Winston The Timing of Work and Consumption. I: A Time-Specific Household Production Model. 138. Per M. Wijkman Effects of Cargo Reservation: A Review of UNCTAD's Code of Conduct for Liner Conferences. 139. Pekka Ahtiala and Inflation Risk, Resource Allocation and the Jean M. Blin Social Cost of Inflation.' 140. Carl Van Duyne Food Prices, Expectations, and Inflation. 141. Torsten Persson Currency Areas and Alternative Exchange Rate Regimes in a Simple Three-Country General Equilibrium Model. 142. Clas Wihlborg Commodity and Labor Market Rigidities in a Monetarist Model of Exchange Rate Determination. 143. J. Peter Neary Intersectoral Capital Mobility, Wage Stickiness and the Case for Adjustment Assistance. 144. Peter J. Lloyd 3x3 Theory of Customs Unions. 145. Peter J. Lloyd Economies of Scale due to the Length of Production Runs. 146. Peter J. Lloyd The Effects of Trade Interventions on International Price Instability and National Welfare. 147. Åke G. Blomqvist International Migration of Educated Manpower and Social Rates of Return to Education in LDCs. 148. 149. Richard T. Selden The Inflationary Seventies: Comparisons among Selected High-Income Countries. 150. Lars E.O. Svensson National Welfare in the Presence of Foreign- Owned Factors of Production: A Note on the Dual Approach. 151. Ronald W. Jones Comparative and Absolute Advantage. 152. Carl Hamilton and On Welfare Effects of a "Duty-Free Zone". Lars E.O. Svensson 153. James R. Markusen Trade and the Gains from Trade with Imperfect Competition. 154. James R. Markusen and Trade, Factor Prices, and the Gains from Trade James R. Melvin with Increasing Returns to Scale. 155. Elhanan Helpman and Monopolistic Competition and Factor Assaf Razin Movements. 156. Elhanan Helpman and A Comparison of Exchange Rate Regimes in Assaf Razin the Presence of Imperfect Markets. 157. Elhanan Helpman International Trade in the Presence of Product Differentiation, Economies of Scale, and Monopolistic Competition: A Chamberlain- Heckscher-Ohlin Approach. 158. J. Peter Neary International Factor Mobility, Minimum Wage rates and Factor-Price Equalization: A Synthesis. 159. Assaf Razin Capital Movements, Intersectoral Resource Shifts, and the Trade Balance. 160. James R. Markusen Multinationals and the Gains from Trade: A Theoretical Analysis Based on Economies of Multi-Plant Operation. 161. Dennis Warner and Determinants of International Trade Flows. Mordechai E. Kreinin 162. Michael Michaely The Terms of Trade between Poor and Rich Nations. 163. Michael Michaely Capital Imports, Economic Structure, and Dependence. 164. Assar Lindbeck Work Disincentives in the Welfare State. 165. Roy J. Ruffin Taxing International Capital Movements in a Growing World.

1981

166. Torsten Persson The Neutrality of Money and the Analysis of Alternative Exchange Rate Regimes. 167. Roy J. Ruffin Trade and Factor Movements with Three Factors and Two Goods. 168. Carl Hamilton A New Approach to Estimation of the Effect of Non-Tariff Barriers to Trade on Prices, Employment and Imports: An Application to the Swedish Textile and Clothing Industry. 169. Marian Radetzki Has Political Risk Scared Minterals Investments away from the Deposits in Developing Countries? 170. Lars E.O. Svensson The Terms of Trade, Spending, and the Current Account: The Harberger-Laursen Metzler Effect. 171. Assar Lindbeck The Distribution of Factor Income versus Disposable Income in a Welfare State: The Case of Sweden. 172. Åke G. Blomqvist Education, Unemployment and Government Job Creation for Graduates in LDCs. 173. Per Magnus Wijkman Seigniorage, Financial Intermediation, and the International Role of the Dollar, 1960-1971. 174. Carl Hamilton Public Subsidies to Industry: The Case of Sweden and its Shipbuilding Industry. 175. Lars Calmfors Output, Inflation and the Terms of Trade in a Small Open Economy. 176. Carl Van Duyne Price Determination in Markets for Storable Commodities. 177. Peter Svedberg Colonialism and Foreign Direct Investment Profitability. 178. Carl Hamilton and On the Choice between Capital Imports and Lars E.O. Svensson Labor Export. 179. Henrik Horn Some implications on Non-Homotheticity in Production in a Two-Sector General Equilibrium Model with Monopolistic Competition.

180. Thorvaldur Gylfason and A Synthesis of Keynesian, Monetary, and John F. Helliwell Portfolio Approaches to Flexible Exchange Rates. 181. Elhanan Helpman and The Role of Saving and Investment in Exchange Assaf Razin Rate Determinations under Alternative Monetary Mechanisms. 182. Mario I. Blejer and Permanent and Transitory Shocks to Exchange Hans Genberg Rates: Measurement and Implications for Purchasing Power Parity. 183. Torsten Persson Global Effects of National Stabilization Policies under Fixed and Floating Exchange Rates. 184. Lars E.O. Svensson Oil Prices and a Small Oil-Importing Economy's Welfare and Trade Balance: An Intertemporal Approach. 185. Michael Hoel Short Run and Long Run Effects of a Tax Cut in an Open Economy with a Sticky Real Wage. 186. Martin Feldstein Inflation, Tax Rules and the Accumulation of Residential and Nonresidential Capital. 187. Jeffrey D. Sachs The Current Account in the Macroeconomic Adjustment Process. 188. J. Peter Neary and Sectoral Shocks in a Dependent Economy: Douglas D. Purvis Long-Run Adjustment and Short-Run Accommodation. 189. Thomas Björk, Consumption and Savings under Price Johan Myhrman and Uncertainty. Mats Persson 190. John F. Helliwell, Stabilization, Allocation and the 1970s Oil Price Paul M. Boothe and Shocks. Robert N. McRae 191. Nancy P. Marion and World Equilibrium with Oil Price Increases: An Lars E.O. Svensson Intertemporal Analysis. 192. Lars Calmfors Employment Policies, Wage Formation and Trade Union Behavior in a Small Open Economy.

1982

193. Michael Bruno Adjustment and Structural Change under Supply Shocks. 194. Assaf Razin and The Current Account and the Optimal Lars E.O. Svensson Government Debt. 195. W.M. Corden and Booming Sector and De-Industrialization in a J.P. Neary Small Open Economy. 196. Torsten Persson and Is Optimism Good on a Keynesian Economy? Lars E.O. Svensson 197. Lars E.O. Svensson On Variable Capital Utilization and International Trade Theory. 198. Wilfred J. Ethier International Trade and Labor Migration. 199. Harry Flam, Optimal Subsidies to Declining Industries: Torsten Persson and Efficiency and Equity Considerations. Lars E.O. Svensson 200. Lars E.O. Svensson Factor Trade and Goods Trade. 201. Thorvaldur Gylfason and Do Devaluations Cause Stagflation? Michael Schmid 202. Lars Hörngren, The SSEM Model - A Brief Description. Johan Myhrman, Per-Åke Nilsson, Stefan Viotti and Anders Vredin 203. Hans Tson Söderström Does Egalitarian Wage Policy Cause Wage and Eva Uddén-Jondal Drift? An Empirical Study of Sweden 1960- 1979. 204. Jonathan Eaton and Oligopolistic Competition, Product Variety and Henryk Kierzkowski International Trade. 205. Pehr Wissén Growth Models for Open Economies with Non- Shiftable, Malleable Capital and Nontraded Goods. 206. Carl Hamilton and Should Direct of Total Factor Industries be Lars E.O. Svensson Used in Tests of the Factor Proportions Hypothesis in International Trade Theory? 207. John T. Cuddington Portfolio Balance and IS-LM: A Marriage under Fixed Exchange Rates. 208. Carl Hamilton and Revealed Comparative Advantage: The Case of Lars E.O. Svensson Sweden. 209. Carl Hamilton and Testing Theories of Trade among Many Lars E.O. Svensson Countries. 210. Growth and Terms of Trade under Imperfect Competition. 211. M. June Flanders The Balance-of-Payments Adjustment Mechanism: The Doctrine According to Ohlin. 212. Ronald W. Jones and International Differences in Response to Douglas D. Purvis Common External Shocks: The Role of Purchasing Power Parity. 213. Åke Blomqvist and Public Health Insurance and Optimal Income Henrik Horn Taxation.' 214. Carl Hamilton Agricultural Protection in Sweden 1970-1980. 215. Thorvaldur Gylfason Why Rational Expectations do not Neutralize Monetary Policy. 216. John T. Cuddington Currency Substitution, Capital Mobility and Money Demand. 217. Michael Schmid International Adjustment to an Oil Price Shock - The Role of Competitiveness. 218. Wilfred J. Ethier Higher Dimensional Issues in Trade Theory. 219. Paul R. Krugman, Inflation, Monetary Velocity and Welfare. Torsten Persson and Lars E.O. Svensson 220. Assaf Razin and An Asymmetry between Import and Export Lars E.O. Svensson Taxes. 221. Wilfred J. Ethier and A New Look at Economic Integration. Henrik Horn 222. Assar Lindbeck The Recent Slowdown of Productivity Growth. 223. Henrik Horn Product Diversity, Trade and Welfare. 224. Thorvaldur Gylfason and Competing Wage Claims, Cost Inflation, and Assar Lindbeck Capacity Utilization. 225. Thorvaldur Gylfason and Wage Rigidity and Wage Rivalry: An Assar Lindbeck Oligopolistic Approach. 226. Harry Flam A Heckscher-Ohlin Analysis of the Law of Declining International Trade. 227. Bruno S. Frey and International Political Economy: An Emerging Friedrich Schneider Field. 228. Torsten Persson and Misperceptions and Welfare. Lars E.O. Svensson 229. Charles P. Kindleberger The World Economic Slowdown Since the 1970s. 230. Thorvaldur Gylfason and The Macroeconomic Consequences of Assar Lindbeck Endogenous Governments and Labor Unions.

1983

233. Kalyan K. Sanyal Trade in Raw Materials in a Simple Ricardian Model. 234. Charles P. Kindleberger Financial Institutions and Economic Development: A Comparison of Great Britain and France in the Eighteenth and Nineteenth Centuries. 235. Lennart Ohlsson Structural Adaptability of Metropolitan Sweden to Changing Comparative Advantages During Periods of Growth and Stagnation. 236. Parameswar Government Policies in Mixed Open Nandakumar Economies. 237. Torsten Persson Real Transfers in Fixed Exchange Rate Systems and the International Adjustment Mechanism. 238. Lars Calmfors and Employment Policies and Centralized Wage Henrik Horn Setting. 239. John T. Cuddington A Fix-Price Trade Model with Perfect Capital Mobility: Fixed versus Flexible Exchange Rates. 240. Bruno S. Frey, A Formulation and Test of a Simple Model of Henrik Horn, World Bank Behavior. Torsten Persson and Friedrich Schneider 241. Pekka Ahtiala A Synthesis of the Macroeconomic Approaches to Exchange Rate Determination. 242. Kalyan K. Sanyal Tariffs, Tradable Intermediate Goods and the Balance of Payments. 243. Kalyan K. Sanyal Foreign Exchange Constraint, Sectoral Terms of Trade and Aggregate Expenditure in a Dual Economy. 244. J. Peter Neary The Heckscher-Ohlin Model as an Aggregate. 245. John T. Cuddington and Exchange Rate Forecasting and the Jeremy A. Gluck International Diversification of Liquid Asset Holdings. 246. Marian Radetzki and The Demand for Scrap and Primary Metal Ores Carl Van Duyne after a Decline in Secular Growth. 247. Ephraim Kleiman Fear of Confiscation and Redistribution (Notes towards a Theory of Revolution and Repression). 248. Nancy P. Marion and Structural Differences and Macroeconomic Lars E.O. Svensson Adjustment to Oil-Price Changes: A Three- Country Approach. 249. Anne O. Krueger Trade Policies in Developing Countries. 250. Dennis J. Snower Structural Uncertainty and Monetary Stabilization Policy. 251. Gene M. Grossman International Competition and the Unionized Sector. 252. Hans Tson Söderström Macroeconomic Causes of Unbalanced and Peter Brundell Productivity Growth in Open Economies. 253. Carl Hamilton Voluntary Export Restraint, Trade Diversion and Retaliation. 254. Gene M. Grossman and The Pattern of Trade in a Ricardian Model with Assaf Razin Country-Specific Uncertainty. 255. Carl Hamilton Australian Manufacturing Industry during the 1970s: As International Comparison and Implications for the ASEAN Countries. 256. Gene M. Grossman The Gains from International Factor Movements. 257. Lars E.O. Svensson Walrasian and Marshallian Stability. 258. Thorvaldur Gylfason and Does Devaluation Improve the Current Ole Risager Account? 259. John T. Cuddington Disequilibrium Analysis in Open Economies: A One-Sector Framework. 260. Gene M. Grossman International Trade, Foreign Investment, and the Formation of the Entrepreneurial Class. 261. Nils Gottfries Price Dynamics of Exporting and Import Competing Firms. 262. Ole Risager Devaluation, Profitability and Investment. 263. Dennis J. Snower Imperfect Competition, Underemployment and Crowding-Out. 264. W.M. Corden Macroeconomic Policy Interaction under Flexible Exchange Rates: A Two-Country Model. 265. Alan S. Blinder Credit, Working Capital and Effective Supply Failures. 266. John T. Cuddington and Optimum Tariffs, Revenue-Maximizing Tariffs Per Olov Johansson and Unemployment: A General Disequilibrium Analysis. 267. Lars E.O. Svensson Money and Asset Prices in a Cash-in-Advance Economy. 268. Thorvaldur Gylfason Credit Policy and Economic Activity in Developing Countries: An Evaluation of Stabilization programs Supported by the IMF, 1977-79. 269. Lars E.O. Svensson Currency Prices, Terms of Trade, and Interest Rates: A General Equilibrium Asset-Pricing Cash-in-Advance Approach.

1984

270. Lars Calmfors and Classical Unemployment, Accommodation Henrik Horn Policies and the Adjustment of Real Wages. 271. Henrik Horn Trade Union Determined Wages, Unemployment and the Size of the Public Sector. 272. Lars Calmfors Job Sharing, Employment and Wages. 273. Lars E.O. Svensson and Time-Consistent Fiscal Policy and Government Torsten Persson Cash-Flow: A Note. 274. Christopher Findlay Optimal Taxation of International Income Flows. 275. Carl Hamilton Voluntary Export Restraints ASEAN Systems for Allocation of Export Licences. 276. Carl Hamilton Voluntary Export Restraints on Asia: Tariff Equivalents, Rents and Trade Barrier Formation. 277. Torsten Persson and Current Account Dynamics and the Terms of Lars E.O. Svensson Trader: Harberger-Laursen-Metzler Two Generations Later. 278. Parameswar Oil Price Increases and the Structure of Small Nandakumar Open Economies. 279. Parameswar Supply Side Disturbances, International Nandakumar Competitiveness and Employment. 280. Ronald W. Jones Income Effects and Paradoxes in the Theory of International Trade. 281. Stanislaw Wellisz and Central Planning and the "Second Economy" in Ronald Findlay Soviet-Type Systems. 282. Assar Lindbeck and Involuntary Unemployment as an Insider- Dennis Snower Outsider Dilemma. 283. Torsten Persson and International Borrowing and Time-Consistent Lars E.O. Svensson Fiscal Policy. 284. Chris Doyle and Taxation of Foreign Multinationals: A Sweder van Wijnbergen Sequential Bargaining Approach to Tax Holidays. 285. Ronald Findlay and The Political Economy of Leviathan. John D. Wilson 286. Lars Calmfors The Roles of Stabilization Policy and Wage Setting for Macroeconomic Stability - The Experiences of Economies with Centralized Bargaining. 287. Ole Risager Devaluation, Profitability and Investment: A Model with Anticipated Future Wage Adjustment.

288. James R. Markusen and Factor Endowments and Trade with Increasing Lars E.O. Svensson Returns versus Constant Returns to Scale. 289. Refik Erzan and Intra-Industry Trade of Developing Countries Samuel Laird and some Policy Issues. 290. Carl Hamilton Economic Aspects of "Voluntary" Export Restraints. 291. Carl Hamilton The Upgrading Effect of Voluntary Export Restraints. 292. Harry Flam Equal Pay for Unequal Work. 293. Frank G. Barry An Optimizing Approach to Factor and Production Subsidies in a Small Open Economy with Classical Unemployment. 294. Frank G. Barry Fiscal Policy in a Small Open Economy: An Integration of the Short-Run, Heckscher-Ohlin and Capital Accumulation Models. 295. David Brownstone, Effects of Tax Reform on the Demand for Peter Englund and Owner-Occupied Housing: A Microsimulation Mats Persson Approach. 296. Andrew J. Oswald On Union Preference and Labour Market Models: Neglected Corners. 297. Henrik Horn and Trade Unions and Optimal Labor Contracts. Lars E.O. Svensson 298. Assar Lindbeck Redistribution Policy and the Expansion of the Public Sector. 299. Assar Lindbeck and Intergenerational Aspects of Public Transfers, Jörgen W. Weibull Borrowing and Debt. 300. Lars E.O. Svensson Sticky Goods Prices, Flexible Asset Prices, and Optimum Monetary Policy. 301. E.J. Driffill Macroeconomic Stabilization Policy and Trade Union Behaviour as a Repeated Game. 302. R. Jackman Counter-Inflationary Policy in a Unionised Economy with Non-Synchronised Wage Setting. 303. Torsten Persson Deficits and Intergenerational Welfare in Open Economies.

1985

304. Elhanan Helpman Imperfect Competition and International Trade: Evidence from Fourteen Industrial Countries. 305. John Fender Monetary and Exchange Rate Policies in an Open Macroeconomic Model with Unemployment and Rational Expectations. 306. John Pencavel Wages and Employment under Trade Unionism: Microeconomic Models and Macroeconomic Applications. 307. Tor Hersoug Workers vs Government - Who Adjusts to Whom? 308. Andrew J. Oswald The Economic Theory of Trade Unions: An Introductory Survey. 309. Assar Lindbeck and Strikes, Lock-Outs and Fiscal Policy. Dennis Snower 310. Assar Lindbeck and Labour Turnover, Insider Morale and Dennis Snower Involuntary Unemployment. 311. John McCallum Wage Gaps, Factor Shares, and Real Wages. 312. Christopher A. Pissarides Dynamics of Unemployment, Vacancies and Real Wages with Trade Unions. 313. John Fender and An Intertemporal Macroeconomic Model with Parameswar Oil and Fiscal Policy. Nandakumar 314. Thorvaldur Gylfason and Does Devaluation Make Sense in the Least Marian Radetzki Developed Countries? 315. Edmund S. Phelps The Significance of Customer Markets for the Effects of Budgetary Policy in Open Economies. 316. Peter Englund, A Short-Term Model of the Swedish Money Lars Hörngren and Market. Staffan Viotti 317. Lars-Gunnar Svensson Bounds on Optimal Linear Income Taxes. and Jörgen W. Weibull 318. Mats Persson Voting over the Size of Government. 319. Alan C. Stockman and Capital Flows, Investment, and Exchange Rates. Lars E.O. Svensson 320. Hans Tson Söderström Union Militancy, External Shocks, and the Accommodation Dilemma. 321. Assar Lindbeck and Cooperation, Harassment, and Involuntary Dennis Snower Unemployment. 322. A. Sommariva and Inflation and Currency Depreciation in G. Tullio Germany 1920-1923: A Disequilibrium Model of Prices and the Exchange Rate. 323. Robert M. Solow Insiders and Outsiders in Wage Determination. 324. Lars Calmfors Trade Unions, Wage Formation and Macroeconomic Stability. 325. Henrik Horn and Exchange Rate Policy, Wage Formation, and Torsten Persson Credibility. 326. David Brownstone, Tax Reform and Housing Demand: The Peter Englund and Distribution of Welfare Gains and Losses. Mats Persson 327. Wilfred J. Ethier and The Theorems of International Trade with Lars E.O. Svensson Factor Mobility. 328. Harry Flam Reverse Dumping. 329. Lars-Gunnar Svensson Efficient Income Taxation in Steady State. and Jörgen W. Weibull 330. Assar Linbeck and Debt-Financed Transfers, Public Consumption Jörgen W. Weibull and Public Investment in an Open Economy. 331. Mats Persson, Time Consistency of Fiscal and Monetary Torsten Persson and Policy. Lars E.O. Svensson 332. Peter Englund and Money and Banking in a Cash-in-Advance Lars E.O. Svensson Economy. 333. Thorvaldur Gylfason Rational Expectations, Rigid Wages, and the Real Effects of Monetary Policy. 334. Ravi Kanbur The Standard of Living: Uncertainty, Inequality and Opportunity. 335. Jacob A. Frenkel and Aspects of Dual Exchange-Rate Regimes. Assaf Razin 336. Lars Calmfors and Work Sharing, Overtime and Shiftwork. Michael Hoel 337. Harry Flam and Industrial Policy under Monopolistic Elhanan Helpman Competition. 338. Jörgen W. Weibull On the Continuity of Optimal Income-Tax Schedules. 339. Ravi Kanbur and Income Transitions and Income Distribution Jan-Olov Strömberg Dominance. 340. Henrik Horn and Wages, Employment, and the Structure of Asher Wolinsky Bargaining. 341. Assar Lindbeck and Balanced-Budget Redistribution as Political Jörgen W. Weibull Equilibrium. 342. Avinash Dixit The Cutting Edge of International Technological Competition. 343. C.A. Pissarides Search, Wage Bargains and Cycles. 344. Assar Lindbeck and Wage Setting, Unemployment, and Insider- Dennis J. Snower Outsider Relations.

1986

345. Nils Gottfries A Permanent Demand Theory of Pricing. 346. Lars E.O. Svensson Fiscal Policy, Sticky Goods Prices and Resource Utilization. 347. Nils Gottfries and Wage Formation and the Persistency of Henrik Horn Unemployment. 348. Assar Lindbeck Public Finance for Market-Oriented Developing Countries. 349. Nils Gottfries and Empirical Examinations of the Information Sets Torsten Persson of Economic Agents. 350. Peter Svedberg Technology Randomness and Welfare in a High-Dimension Trade Model. 351. Aleksander Markowsk State Ownership and the Price Sensitivity and Marian Radetzki Supply: The Case of the Copper Mining Industry. 352. Assar Lindbeck and Welfare Effects of Alternative Forms of Public Jörgen W. Weibull Spending. 353. Ante Farm and Noncooperative Flexible Pricing in a Jörgen W. Weibull Homogenous Market. 354. Harry Flam and Trade Dynamics. Elhanan Helpman 355. Robert F. Owen and Exchange Rate Uncertainty and Strategic Stylianos Perrakis Export Behavior: An International Model of Duopoly. 356. Slobodan Djajic Effects of Budgetary Policies in Open Economies: The Role of Intertemporal Consumption Substitution. 357. Jeremy Greenwood and Investment, Capacity Utilization and the Real Zvi Hercowitz Business Cycle. 358. John Driffill The Consistency of Optimal Policy in Stochastic Rational Expectations Models. 359. Assar Lindbeck and Publish Spending and Private Service - Parameswar Macroeconomic Effects. Nandakumar 360. Assar Lindbeck and Efficiency Wages versus Insiders and Outsiders. Dennis J. Snower 361. Assar Lindbeck and Union Activity and Wage-Employment Dennis J. Snower Movements. 362. Lars E.O. Svensson and International Transmission of Monetary Policy. Sweder van Wijnbergen 363. S.M. Ravi Kanbur Budgetary Rules for Poverty Alleviation. 364. S.M. Ravi Kanbur Inequality, Poverty and Development: With an Application to Fiji. 365. Allan Drazen and On the Organization of Rural Markets and the Zvi Eckstein Process of Economic Development. 366. Allan Drazen Involuntary Unemployment and Aggregate Demand Spillovers in an Optimal Search Model. 367. Carl Hamilton Restrictiveness and International Transmission of the "New" Protectionism. 368. Slobodan Djajic Migrants in a Guest-Worker System: A Utility- Maximizing Approach. 369. Victor Argy Exchange Rate Policy for a Small Economy. 370. Thorvaldur Gylfason and Wages, Money, and Exchange Rates: With Assar Lindbeck Endogenous Unions and Governments. 371. Harald Lang Comparative Statics in Dynamic Programming Models of Economics. 372. Lars E.O. Svensson International Fiscal Policy Transmission. 373. Jeremy Greenwood and A Dynamic Equilibrium Model of Inflation and Gregory W. Huffman Unemployment.

1987

374. Jan Winiecki Why Economic Reforms Fail in the Soviet System - A Property Rights-Based Approach. 375. Barry Eichengreen and The Anatomy of Financial Crises. Richard Porte 376. Assar Lindbeck and Strategic Interaction with Altruism - The Jörgen Weibull Economics of Fait Accompli. 377. Torben M. Andersen and The Role of Credibility for the Effects of a Ole Risager Change in the Exchange-Rate Policy. 378. Torben M. Andersen and Reputation and Rational Expectations. Ole Risager 379. Peter Englund Monetary Policy and Bank Regulations in an Economy with Financial Innovations. 380. Torsten Persson and Checks and Balances on the Government Lars E.O. Svensson Budget. 381. Jörgen W. Weibull Persistent Unemployment as Subgame Perfect Equilibrium. 382. Wontack Hong Export-Oriented Growth of Korea: A Possible Path to Advanced Economy. 383. Thorvaldur Gylfason and Money, Exchange Rates, Wages, and Games. Assar Lindbeck 384. Nils Gottfries, Regulation, Financial Buffer Stocks, and Short- Edward Palmer and Run Adjustment: An Econometric Case-Study Torsten Persson of Sweden, 1970-82. 385. Jan Winiecki Four Kinds of Fallacies in Comparing Market- Type and Soviet-Type Economies: Issues and Outcomes. 386. Wolfgang Leininger Escalation and Cooperation in International Conflicts - The Dollar Auction Revisited. 387. Wilfred J. Ethier and Managerial Control of International Firms and Henrik Horn Patterns of Direct Investment. 388. Harry Flam and When Bad Quality is Good Policy. Mats Persson 389. Assar Lindbeck Individual Freedom and Welfare State Policy. 390. Wendy E. Takacs Auctioning Import Quota Licences: An Economic Analysis. 391. Lars E.O. Svensson Trade in Risky Asset. 392. Lars E.O. Svensson Trade in Nominal Asset: Monetary Policy, and Price Level and Exchange Rate Risk. 393. Torsten Persson Credibility of Macroeconomic Policy: An Introduction and a Broad Survey. 394. Torsten Persson and Exchange Rate Variability and Asset Trade. Lars E.O. Svensson 395. Assar Lindbeck The Advanced Welfare State. 396. Janusz Beksiak Economic Crises in Poland. 397. Laurence J. Kotlikoff, Social Contracts as Asset: A Possible Solution Torsten Persson and to the Time-Consistency Problem. Lars E.O. Svensson 398. Alexis Jacquemin and International Trade and Integration of the André Sapir European Community: An Econometric Analysis. 399. Peter Englund and The Current Account, Supply Shocks, and Anders Vredin Accommodative Fiscal Policy - Interpretations of Swedish Post-War Data. 400. Assar Lindbeck and Long Term Unemployment and Macroeconomic Dennis J. Snower Policy. 401. Refik Erzan and Products Facing High Tariffs in Major Guy Karsenty Developed Market Economy Countries: An Area of Priority for Developing Countries in the Uruguay Round? 402. Lars Calmfors and Centralization of Wage Bargaining and John Driffill Macroeconomic Performance. 403. Assar Lindbeck and Transmission Mechanisms from the Product to Dennis J. Snower the Labor Market.

1988

404. Gary Sampson and Returning Textile Trade to the Normal Wendy Takacs Workings of GATT: A Practical Proposal for Reform. 405. Wilfred J. Ethier and Managerial Control of International Firms and Henrik Horn Patterns of Direct Investment. 406. Torsten Persson and Signalling, Wage Controls and Monetary Sweder van Wijnbergen Disinflation Policy. 407. Marian Radetzki The Role of State Owned Enterprises in the International Metal Mining Industry. 408. Assaf Razin Fiscal Policies and the Stock Market: International Dimensions. 409. Peter Svedberg The Export Performance of Sub-Saharan Africa 1970-1985. 410. Henrik Horn and Bilateral Monopolies and Incentives for Merger. Asher Wolinsky 411. Jeremy Bulow and Sovereign Debt: Is to Forgive to Forget? Kenneth Rogoff 412. Nils Gottfries Market Shares and Pricing Behavior in the Tradeables Industry - An Examination of Swedish Manufacturing. 413. Jan Winiecki East European Economies: Forced Adjustment Forever? 414. Torben M. Andersen and Wage Formation in Denmark. Ole Risager 415. Richard Jackman Wage Formation in the Nordic Countries Viewed from an International Perspective. 416. Peter Svedberg A Model of Nutrition, Health and Economic Productivity. 417. Lars E.O. Svensson Portfolio Choice and Asset Pricing with Nontraded Assets. 418. Assar Lindbeck and Inter-Industry Wage Structure and the Power of Dennis J. Snower Incumbent Workers. 419. Bertil Holmlung and Wage Bargaining and Wage Drift: Evidence Per Skedinger from the Swedish Wood Industry. 420. Jonas Agell and Asset Markets, Tax Arbitrage, and the Mats Persson Redistributive Properties of Progressive Income Taxation. 421. Peter Svedberg Undernutrition in Sub-Saharan Africa: Is there a Sex Bias? 422. Jean-Michel Grandmont Temporary Equilibrium: Money, Expectations and Dynamics. 423. Lars E.O. Svensson Portfolio Choice with Non-Expected Utility in Continuous Time. 424. Assar Lindbeck Remaining Puzzles and Neglected Issues in . 425. Carl B. Hamilton The Transient Nature of "New" Protectionism.

1989

426. Assar Lindbeck and Political Equilibrium in Representative Jörgen W. Weibull Democracy. 427. Guillermo A. Calvo and Time Consistency of Fiscal and Monetary Maurice Obstfeld Policy: A Comment. 428. Kym Anderson Rent-Seeking and Price-Distorting Policies in Rich and Poor Countries. 429. Assar Lindbeck and Macroeconomic Policy and Insider Power. Dennis J. Snower 430. Lars Calmfors and Wage Setting in Sweden. Anders Forslund 431. Richard Baldwin and Strategic Trade Policies in the Market for 30-40 Harry Flam Seat Commuter Aircraft. 432. Harry Flam and Adverse Selection in Credit Markets and Infant Robert W. Staiger Industry Protection. 433. Jörgen W. Weibull Interpersonal Consistency of Beliefs in Extensive-Form Games. 434. Reza Moghadam and Relative Wage Flexibility in Four Countries. C.A. Pissarides 435. Eva Uddén-Jondal Formation in a Unionized Economy with Two Groups of Workers. 436. Tor Eriksson, Wage Setting in Finland. Antti Suvanto and Pentti Vartia 437. Asbjörn Rödseth and Wage Formation in Finland. Steinar Holden 438. Steinar Holden Wage Drift in Norway: A Bargaining Approach. 439. Assar Lindbeck and Demand- and Supply-Side Policies and Dennis J. Snower Unemployment: Policy Implications of the Insider-Outsider Approach. 440. Jan Winiecki Large Industrial Enterprises in Soviet-Type Economies - Ruling Stratum's Main Rent- Seeking Area. 441. Robert Feenstra and Identifying the Competition. James Levinsohn 442. Jonas Agell and Does Debt Management Matter? Mats Persson 443. James Levinsohn and A Simple, Consistent Estimator for Disturbance Jeffery K. MacKie-Mason Components in Financial Models. 444. Robert Feenstra and Estimating Demand and Oligopoly Pricing for James Levinsohn Differentiated Products with multiple Characteristics. 445. Jörgen W. Weibull An Alternative Approach to Equilibrium Refinement in Extensive Form Games. (Not Printed.) 446. Assar Lindbeck Unemployment and Labor Market Imperfections. 447. Lars Calmfors Wage Formation and Macroeconomic Policy in the Nordic Countries: A Summary. 448. Irene Trela and Unravelling the Threads of the MFA. John Whalley 449. Rafik Erzan, The Effects of the MFA on Developing Junichi Goto and Countries' Trade. Paula Holmes 450. Lawrence Haddad and How Serious is the Neglect of Intra-Household Ravi Kanbur Inequality? (What Difference does it make to the Measurement and Decomposition of Inequality and Poverty). 451. Carl Ann Rogers Changing Tax Bases in a Model of Endogenous Tax Reform. 452. Refik Erzan and Protection Facing Exports from Sub-Saharan Peter Svedberg Africa in the EEC, Japan and the US. 453. Martin Wolf How to Cut the Textile Knot: Alternative Paths to Liberalisation of the MFA. 454. Ole Risager Unemployment, Slowly Declining Wages, and Depressed Investments: Does it Help to Devalue? 455. Nils Gottfries A Model of Nominal Contracts. 456. Alberto Giovanni and Asset Prices and Interest Rates in Cash-in- Pamela Labadie Advance Models. 457. Lars E.O. Svensson Target Zones and Interest Rate Variability. 458. Rajiv Kumar and India, the Multi-Fibre Arrangement and the Sri Ram Khanna Uruguay Round.

1990

459. Thorvaldur Gylfason Exchange Rate Policy, Inflation, and Unemployment: The Experience of the Nordic EFTA Countries. 460. Nils Gottfries and Discrimination and the Open Unemployment in Barry McCormick a Segmented Labour Market. 461. Lars Calmfors and Real Wage Adjustment and Employment Ragnar Nymoen Policies in the Nordic Countries. 462. Carl B. Hamilton The Nordic EFTA Countries and the European Community: Options for the 1990's. 463. Anders Forslund Wage Setting in Sweden: An Empirical Test of a Barebones Union Model. 464. Jaime de Melo, Voluntary Export Restraints: A Case Study Carl B. Hamilton and Focussing on Effects in Exporting Countries. L. Alan Winters 465. Paul Söderlind The Swedish Tax Reform from an Intertemporal Perspective. 466. Lars E.O. Svensson The Term Structure of Interest Rate Differentials in a Target Zone: Theory and Swedish Data. 467. Michael Dooley and Policy Inconsistency and External Debt Service. Lars E.O. Svensson 468. Carl B. Hamilton The New Silk Road to Europe. 469. Lars E.O. Svensson The Simplest Test of Target Zone Credibility. 470. Jörgen W. Weibull On Self-Enforcement in Extensive-Form Games. 471. Kala Krishna Auctions with Endogenous Valuations, the Snowball Effects, and Other Applications. 472. Kala Krishna Auctions with Endogenous Valuations: The Persistence of Monopoly Revisited. 473. Peter Englund, Swedish Business Cycles: 1861-1988. Torsten Persson and Lars E.O. Svensson 474. Assar Lindbeck and Interactions between the Efficiency Wage and Dennis J. Snower Insider-Outsider Theories. 475. Lars E.O. Svensson The Foreign Exchange Risk Premium in a Target Zone with Devaluation Risk. 476. Torsten Persson and The Politics of 1992: Fiscal Policy and European Integration. 477. Lars E.O. Svensson and Nontraded Assets in Incomplete Markets: Price Ingrid Werner and Portfolio Choice. 478. Carl B. Hamilton European Community External Protection and 1992: Voluntary Export Restraints Applied to Pacific Asia. 479. Kaushik Basu and Strategy Subsets Closed under Rational Jörgen W. Weibull Behavior. 480. Henrik Horn, "X"-Inefficiency and International Competition. Harald Lang and Stefan Lundgren 481. Giuseppe Bertola and Stochastic Devaluation Risk and the Empirical Lars E.O. Svensson Fit of Target Zone Models. 482. Assar Lindbeck The Swedish Experience. 483. Assar Lindbeck and Segmented Labor Markets and Unemployment. Dennis J. Snower

1991

484. Dynamic, Firm-Specific Increasing Returns and the Long-Run Performance of Growing Economies. 485. Andrew K. Rose and Expected and Predicted Realignments: The Lars E.O. Svensson FF/DM Exchange Rate During the EMS. 486. Jonas Agell and Wage Fairness and International Trade Theory Per Lundborg and Policy. 487. Jonas Agell and Macroeconomic Externalities: Are Pigovian Mats Dillén Taxes the Answer? 488. Hans Lindberg and Testing the Basic Target Zone Model on Paul Söderlind Swedish Data. 489. Sonja Daltung Optimal Structure of the Financial Intermediation Industry. 490. Paul Söderlind Is there a Cycle in Real Business Cycle Models? 491. Tomas Sjöström Implementation in Undominated Nash Equilibria without Integer Games. 492. James W. Albrecht and Dual Labor Markets, Efficiency Wages, and Susan B. Vroman Search. 493. Lars E.O. Svensson Assessing Target Zone Credibility: Mean Reversion and Devaluation Expectations in the EMS. 494. Assar Lindbeck and Price Inertia and Product Lags. Dennis J. Snower 495. Hans Lindberg, Devaluation Expectations: The Swedish Krona Lars E.O. Svensson and 1982-1991. Paul Söderlind 496. Hans Lindberg and Target Zone Models and the Intervention Paul Söderlind Policy: The Swedish Case. 497. Karl Jungenfelt An Analysis of Pay as You Go Pension Systems as Dynastic Clubs. 498. Wilfred J. Ethier and Modern Mercanitilism and a Liberal Trade Henrik Horn Order. 499. Jan I. Haaland and Market Integration, Competition, and Welfare. Ian Wooton 500. J.-M. Viaene Real Effects of the 1992 Financial Deregulation. 501. Assar Lindbeck Macroeconomic Theory and the Labor Market. 502. Thorvaldur Gylfason Endogenous Growth and Inflation. 503. Assar Lindbeck Microfoundations of Unemployment Theory. 504. Harry Flam EC Members Fighting about Surplus: VERs, FDI and Japanese Cars. 505. Oz Shy International Standardization and Protection. 506. Henrik Horn, Competition, Long Run Contracts and Internal Harald Lange and Inefficiencies in Firms. Stefan Lundgren 507. Henrik Horn, Managerial Effort Incentives, X-Inefficiency Harald Lange and and International Trade. Stefan Lundgren 508. Jonas Agell and Egalitarianism and Growth. Kjell Erik Lommerud 509. Bernard Dumas and How Long do Unilateral Target Zones Last? Lars E.O. Svensson 510. James E. Anderson and A New Approach to Evaluating Trade Policy. J. Peter Neary

1992

511. Carl B. Hamilton and Opening up International Trade in Eastern L. Alan Winters Europe. 512. Lars Ljungqvist Economic Development, Wage Structure and Implicit Insurance on Human Capital. 513. Florecio Lopez-de- Trade Policy for Imported Intermediate Inputs: Silanes, James R. A Theoretical and Applied General-Equilibrium Markusen and Thomas Analysis. F. Rutherford 514. Thorvaldur Gylfason Output Gains from Economic Liberalization: A Simple Formula. 515. Eric Brantzen and The Intertemporal Capital Asset Pricing Model Peter Sellin with Returns that follow Poisson Jump- Diffusion Processes. 516. Lars Ljungqvist Asymmetric Information: A Rationale for Firms' Hedging and Speculation. 517. Sérgio Rebelo Inflation in Fixed Exchange Rate Regimes: The Recent Portuguese Experience. 518. Torsten Persson Politics and Economic Policy. 519. Torsten Persson and Federal Fiscal Constitutions. Part I: Risk Guido Tabellini Sharing and Moral Hazard. 520. Assar Lindbeck and Patterns of Unemployment: An Insider-Outsider Dennis J. Snower Analysis. 521. Lars E.O. Svensson Why Exchange Rate Bands? Monetary Independence in Spite of Fixed Exchange Rates. 522. Lars Calmfors Lessons from the Macroeconomic Experience of Sweden. 523. Kaushik Basu Civil Institutions and Evolution. 524. Charles Stuart Corn Laws and Modern Agricultural Trade Policy. 525. Lars Ljungqvist Destabilizing Exchange Rate Speculation: A Counter-Example to Milton Friedman. 526. Nils Gottfries and Profit Sharing may Stabilize Wages. Thomas Sjöström 527. Jeremy Greenwood, Macroeconomic Implications for Investment- Zvi Hercowitz and Specific Technological Change. Per Krusell 528. Ignatius J. Horsman and Exploring New Markets: The Multinational James R. Markusen Firms' Choice of Direct Investment versus Licensing. 529. Robert P. Flood and Fixing Exchange Rates: A Virtual Quest for Andrew K. Rose Fundamentals. 530. Chien-fu Chou and Technology Revolutions and the Gestation of Oz Shy New Technologies.

1993

531. John Hassler Are They Swinging Together? A Measure of Linear Comovement with an Application to Swedish and Foreign Business Cycles. 532. John Hassler Variations in Risk - A Cause of Fluctuations in Demand? 533. Antonio Ciccone and Start-Up Costs and Pecuniary Externalities as Kiminori Matsuyama Barriers to Economic Development. 534. Kiminori Matsuyama Modelling Complementary in Monopolistic Competition. 535. Ole Risager Labour Substitution in Construction and the Metal Industry in Denmark. 536. Lars Calmfors Centralization of Wage Bargaining and Macroeconomic Performance - A Survey. 537. Torsten Persson and Is Inequality Harmful for Growth? Guido Tabellini 538. Henrik Horn and Local Services and International Market Oz Shy Integration. 539. Thorvaldur Gylfason Optimal Saving, Interest Rates, and Endogenous Growth. 540. Assar Lindbeck, Options for Economic and Political Reform in Per Molander, Sweden. Torsten Persson, Olof Petersson, , Birgitta Swedenborg and Niels Thygesen

541. Lars Calmfors and Macroeconomic Effects of Active Labour Harald Lang Market Programmes - The Basic Theory. 542. Andrew K. Rose and European Exchange Rate Credibility Before the Lars E.O. Svensson Fall. 543. Mats Persson Distortive Taxation can Increase Welfare - If Relative Consumption Matters. 544. Johan Stennek Does Competition make Firms more Flexible? A Study of Limited Managerial Cognition. 545. Kiyohiko G. Nishimura Price Rigidity and Multi-Market Oligopoly. 546. Eric van Wincoop and Public and Private Saving and Investment. Jane Marrinan 547. Per Krusell and Vested Interests in a Positive Theory of José-Víctor Ríos-Rull Stagnation and Growth. 548. Lars E.O. Svensson Term, Inflation, and Foreign Exchange Risk Premia: A Unified Treatment. 549. Danny Quah Exploiting Cross Section Variation for Unit Root Inference in Dynamic Data. 550. Danny Quah One Business Cycle and One Trend from (Many,) Many Disaggregates. 551. Paul Söderlind International Spillovers in an Endogenous Growth Model. 552. Assar Lindbeck Overshooting, Reform and Retreat of the Welfare State. 553. Lars E.O. Svensson Fixed Exchange Rates as a Means to Price Stability: What have we Learned? 554. John Hassler Variations in Risk as a Cause of Fluctuations and Inference. 555. Anders Warne A Common Trends Model: Identification, Estimation and Inference. 556. Anders Warne Inference in Cointegrated VAR Systems. 557. Michael Bergman and Money-Income Causality and the Neutrality of Anders Warne Money. 558. Tor Jacobson, Are Real Wages and Unemployment Related? Anders Vredin and Anders Warne 559. Lars E.O. Svensson Monetary Policy with Flexible Exchange Rates and Forward Interest Rates as Indicators. 560. Lars E.O. Svensson The Simplest Test of Inflation Target Credibility.

1994

561. Assar Lindbeck The Welfare State and the Employment Problem 562. Roel M.W.J. Beetsma Macroeconomic Stabilisation and Intervention Policy under an Exchange Rate Band. 563. Lars Calmfors Active Labour Market Policy and Unemployment - A Framework for the Analysis of Crucial Design Features. 564. Jonas Agell, Fiscal Policy when Monetary Policy is Tied to Lars Calmfors and the Mast. Gunnar Jonsson 565. Magnus Dahlquist and Estimating the Term Structure of Interest Rates Lars E.O. Svensson with Simple and Complex Functional Forms: Nelson and Siegel vs. Longstaff & Schwartz. 566. Magnus Dahlquist and The Information in Swedish Short-Maturity Gunnar Jonsson Forward Rates. 567. Paul Söderlind Fluctuating Covariances in Swedish Macro Data. 568. Sonja Daltung Do Banks Take Too Much Risk? 569. Sonja Daltung Deposit Insurance, Capital Constraints, and Risk Taking by Banks. 570. Anders Vredin and Comments on Tests of the Neutrality of Money. Anders Warne 571. Johan Stennek The Survival Value of Assuming Others to be Rational. 572. Paul Söderlind Capacity Utilization in Swedish Industry. 573. Thorvaldur Gylfason The Macroeconomics of European Agriculture. 574. Jakob Svensson Investment, Property Rights and Political Instability Theory and Evidence. 575. Assar Lindbeck The Unemployment Problem. 576. Assar Lindbeck Uncertainty under the Welfare State, Policy- Induced Risk. 577. Roel Beetsma Inflation versus Taxation: Representative Democracy and Party Nominations. 578. Magnus Dahlquist On Alternative Interest Rate Processes. 579. Lars E.O. Svensson Estimating and Interpreting Forward Interest Rates: Sweden 1992-1994. 580. Lars Calmfors Labour Market Policy and Unemployment. 581. Peter Sellin Do Foreign Investors have a Market Impact on Swedish Stock Prices? 582. Peter Sellin Investment, Marginal Q, and Discrete Stochastic Price Changes. 583. Peter Sellin and Seasonalities in Swedish Stock Returns - Why Magnus Dahlquist are they not Arbitraged Away? 584. Paul Söderlind and Applied Cointegration Analysis in the Mirror of Anders Vredin Macroeconomic Theory. 585. Tor Jacobsson, Common Trends and Hysteresis in Anders Vredin and Unemployment. Anders Warne 586. Nils Gottfries Market Shares, Financial Constraints, and Pricing Behavior in the Export Industry. 587. Lars E.O. Svensson The Swedish Experience of an Inflation Target. 588. Peter M. Garber and The Operation and Collapse of Fixed Exchange Lars E.O. Svensson Rate Regimes. 589. Assar Lindbeck Welfare State Disincentives with Endogenous Habits and Norms.

1995

590. Lars Calmfors and Does Active Labour Market Policy Increase Per Skedinger Employment? - Theoretical Considerations and some Empirical Evidence from Sweden. 591. Harry Flam and Why do Pre-Tax Car Prices Differ so much Håkan Nordström across European Countries? 592. Gunnar Jonsson and Stochastic Fiscal Policy and the Swedish Paul Klein Business Cycle. 593. Gunnar Jonsson Monetary Politics and Unemployment Persistence. 594. Paul Söderlind Forward Interest Rates as Indicators of Inflation Expectations. 595. Lars E.O. Svensson Optimal Inflation Targets, 'Conservative' Central banks, and Linear Inflation Contracts. 596. Michael C. Burda Unions and Wage Insurance. 597. Michael C. Burda Migration and the Option Value of Waiting. 598. Johan Stennek Consumer's Welfare and Change in Stochastic Partial-Equilibrium Price. 599. Johan Stennek Competition Reduces X-Inefficiency - A Note on a Limited Liability Mechanism. 600. Jakob Svensson When is Foreign Aid Policy Credible? Aid Dependence and Conditionality. 601. Joakim Persson Convergence in Per Capita Income and Migration across the Swedish Counties 1906- 1990. 602. Assar Lindbeck and Restructuring Production and Work. Dennis J. Snower 603. John Hassler Regime Shifts and Volatility Spillovers on International Stock Markets.

1996

604. Assar Lindbeck Incentives in the Welfare-State - Lessons for Would-Be Welfare States. 605. Assar Lindbeck and Reorganization of Firms and Labor Market Dennis J. Snower Inequality. 606. Thorvaldur Gylfason Output Gains from Economic Stabilization. 607. Daron Acemoglu and Agency Costs in the Process of Development. 608. Assar Lindbeck, Social Norms, the Welfare State, and Voting. Sten Nyberg and Jörgen W. Weibull 609. John Hassler and Optimal Actuarial Fairness in Pension Systems - Assar Lindbeck A Note. 610. Jakob Svensson Collusion Among Interest Groups: Foreign Aid and Rent-Dissipation. 611. Jeffrey A. Frankel and Economic Structure and the Decision to Adopt a Andrew K. Rose Common Currency. 612. Torsten Persson, Separation of Powers and Accountability: Gérard Roland and Towards a Formal Approach to Comparative Guido Tabellini Politics. 613. Mats Persson, Debt, Cash Flow and Inflation Incentives: A Torsten Persson and Swedish Model. Lars E.O. Svensson 614. Lars E.O. Svensson Price Level Targeting vs. Inflation Targeting: A Free Lunch? 615. Lars E.O. Svensson Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets. 616. Assar Lindbeck The West European Employment Problem. 617. Assar Lindbeck Full Employment and the Welfare State. 618. Javier Ortega How (Good) Immigration is: A Matching Analysis. 619. Joakim Persson and Human Capital, Demographics and Growth Bo Malmberg across the US States. 620. Assar Lindbeck and Centralized Bargaining, Multi-Tasking, and Dennis J. Snower Work Incentives. 621. Paul Söderlind and New Techniques to Extract Market Lars E.O. Svensson Expectations from Financial Instruments.

1997

622. Assar Lindbeck Incentives and Social Norms in Household Behavior. 623. John Hassler and Employment Turnover and Unemployment José Vicente Rodríguez Insurance. Mora 624. Nils-Petter Lagerlöf Strategic Saving and Non-Negative Gifts. 625. Lars E.O. Svensson Inflation Targeting: Some Extensions. 626. James E. Anderson Revenue Neutral Trade Reform with Many Households, Quotas and Tariffs. 627. Mårten Blix Rational Expectations in a VAR with Markov Switching. 628. Assar Lindbeck and The Division of Labor Within Firms. Dennis J. Snower 629. Etienne Wasmer Can Labour Supply Explain the Rise in Unemployment and Inter-Group Wage Inequality in the OECD? 630. Torsten Persson and Political Economics and Macroeconomic Guido Tabellini Policy. 631. John Hassler and Intergenerational Risk Sharing, Stability and Assar Lindbeck Optimality of Alternative Pension Systems. 632. Michael Woodford Doing Without Money: Controlling Inflation in a Post-Monetary World. 633. Torsten Persson, Comparative Politics and Public Finance. Gérard Roland and Guido Tabellini 634. Johan Stennek Coordination in Oligopoly. 635. John Hassler and IQ, Social Mobility and Growth. José Vicente Rodríguez Mora 636. Jon Faust and Transparency and Credibility: Monetary Policy Lars E.O. Svensson with Unobservable Goals. 637. Glenn D. Rudebusch and Policy Rules for Inflation Targeting. Lars E.O. Svensson

1998

638. Lars E.O. Svensson Open-Economy Inflation Targeting. 639. Lars Calmfors Unemployment, Labour-Market Reform and Monetary Union. 640. Assar Lindbeck Swedish Lessons for Post-Socialist Countries. 641. Donald Brash Inflation Targeting in New Zealand: Experience and Practice. 642. Claes Berg and Pioneering Price Level Targeting: The Swedish Lars Jonung Experience 1931-1937. 643. Jürgen von Hagen Money Growth Targeting. 644. Bennett T. McCallum and Nominal Income Targeting in an Open- Edward Nelson Economy Optimizing Model. 645. Assar Lindbeck Swedish Lessons for Post-Socialist Countries. 646. Lars E.O. Svensson Inflation Targeting as a Monetary Policy Rule. 647. Jonas Agell and Tax Arbitrage and Labor Supply. Mats Persson 648. Frederic S. Mishkin International Experiences with Different Monetary Policy Regimes. 649. John B. Taylor The Robustness and Efficiency of Monetary Policy Rules as Guidelines for Interest Rate Setting by the European Central Bank. 650. Christopher J. Erceg, Tradeoffs between Inflation and Output-Gap Dale W. Henderson and Variances in an Optimizing-Agent Model. Andrew T. Levin 651. Etienne Wasmer Labor Supply Dynamics, Unemployment and Human Capital Investments. 652. Daron Acemoglu and Information Accumulation in Development. Fabrizio Zilibotti 653. Argia Sbordone Prices and Unit Labor Costs: A New Test of Price Stickiness. 654. Martin Flodén and Idiosyncratic Risk in the U.S. and Sweden: Is Jesper Lindé there a Role for Government Insurance? 655. Thomas P. Tangerås On the Role of Public Opinion Polls in Political Competition. 656. Peter Svedberg 841 Million Undernourished? On the Tyranny of Deriving a Number. 657. Lars Calmfors Macroeconomic Policy, Wage Setting and Employment - What Difference does the EMU make? 658. Torsten Persson and The Size and Scope of Government: Guido Tabellini Comparative Politics with Rational Politicians. 659. Lars Calmfors Monetary Union and Precautionary Labour- Market Reform. 660. Daron Acemoglu and Productivity Differences. Fabrizio Zilibotti 661. Ramon Marimon and Unemployment vs. Mismatch of Talents: Fabrizio Zilibotti Reconsidering Unemployment Benefits. 662. Yves Zenou Urban Unemployment and City Formation. Theory and Policy Implications. 663. Stefan Palmqvist Why Central Banks Announce their Objective: Monetary Policy with Discretionary Signalling. 664. Sustaining Fiscal Policy through Immigration. 665. John Hassler, Equilibrium Unemployment Insurance. José V. Rodríguez Mora, Kjetil Storesletten and Fabrizio Zilibotti

1999

666. Michael Woodford Optimal Monetary Policy Inertia. 667. Lars E.O. Svensson Monetary Policy Issues for the Eurosystem. 668. Assar Lindbeck The Price in Economic Sciences in Memory of Alfred Nobel 1969-1998. 669. Lars E.O. Svensson The Equilibrium Degree of Transparency and Control in Monetary Policy. 670. Assar Lindbeck and The ICT Revolution in Consumer Product Solveig Wikström Markets. 671. Lars E.O. Svensson Does the P* Model Provide any Rationale for Monetary Targeting. 672. Glenn Rudebusch and Eurosystem Monetary Targeting: Lessons from Lars E.O. Svensson U.S. Data. 673. Lars Svensson Price Stability as a Target for Monetary Policy: Defining and Maintaining Price Stability. 674. Thomas P. Tangerås Collusion-Proof Yardstick Competition. 675. Bertil Ohlin The Theory of Interregional Exchange. 676. Assar Lindbeck Unemployment - Structural. 677. Assar Lindbeck and ICT and Household-Firm Relations. Solveig Wikström 678. Andrew K. Rose One Money, One Market: Estimating the Effect of Common Currencies on Trade. 679. Jonas Agell, Labor Supply Prediction when Tax Avoidance Mats Persson and Matters. Hans Sacklén 680. Lars E.O. Svensson How Should Monetary Policy be Conducted in an Era of Price Stability?

2000

681. Lars E.O. Svensson The First Year of the Eurosystem: Inflation Targeting or Not? 682. Jonas Agell and On the Analytics of the Dynamic Laffer Curve. Mats Persson 683. Harry Flam and EMU Effects on International Trade and Per Jansson Investment. 684. Harry Flam and The Young Ohlin on the Theory of M. June Flanders "Interregional and International Trade". 685. Assar Lindbeck Pensions and Contemporary Socioeconomic Change. 686. Mats Persson Five fallacies in the Social Security Debate. 687. Lars E.O. Svensson The Zero Bound in an Open Economy: A Foolproof way of Escaping from a Liquidity Trap. 688. Lars E.O. Svensson and Indicator Variables for Optimal Policy. Michael Woodford

2001

689. Lars E.O. Svensson and Indicator Variables for Optimal Policy under Michael Woodford Asymmetric Information. 690. Lars Calmfors Wages and Wage-Bargaining Institutions in the EMU - A Survey of the Issues. 691. Assar Lindbeck and Raising Children to Work Hard: Altruism, Sten Nyberg Work Norms and Social Insurance. 692. Lars Calmfors and Unemployment Benefits, Contract Length and Åsa Johansson Nominal Wage Flexibility. 693. Peter Svedberg Undernutrition Overestimated. 694. Assar Lindbeck Changing Tides for the Welfare State. 695. Antoni Calvó-Armengol Job Matching, Social Network and Word-of- and Yves Zenou Mouth Communication. 696. Mats Persson and Incentive and Incarceration Effects in a General Claes-Henric Sieven Equilibrium Model of Crime. 697. Magnus Henrekson and The Effects on Sick Leave of Changes in the Mats Persson Sickness Insurance System. 698. Peter Svedberg Income Distribution across Countries: How is it Measured and what do the Results Show?

2002

699. Peter Svedberg Hunger in India - Facts and Challenges. 700. Lars Calmfors, Does Active Labour Market Policy Work? Anders Forslund and Lessons from the Swedish Experiences. Maria Hemström 701. Kjetil Storesletten Fiscal Implications of Immigration - A Net Present Value Calculation. 702. Kjetil Storesletten, Consumption and Risk Sharing over the Life Chris I. Telmer and Cycle. Amir Yaron 703. Kjetil Storesletten, Asset Pricing with Idiosyncratic Risk and Chris I. Telmer and Overlapping Generations. Amir Yaron 704. John Hassler, The Survival of the Welfare State. José V. Rodríguez Mora, Kjetil Storesletten and Fabrizio Zilibotti 705. John Hassler, A Positive Theory of Geographic Mobility and José V. Rodríguez Mora, Social Insurance. Kjetil Storesletten and Fabrizio Zilibotti 706. David Strömberg Optimal Campaigning in Presidential Elections: The Probability of Being Florida. 707. Paolo Epifani and The Skill Bias of World Trade. Gino Gancia 708. Åsa Johansson The Interaction Between Labor Market Policy and Monetary Policy: An Analysis of Time Inconsistency Problems. 709. Charlotta Groth and Bargaining Structure and Nominal Wage Åsa Johansson Flexibility. 710. Dirk Niepelt The Fiscal Myth of the Price Level. 711. Dirk Niepelt Tax Smoothing versus Tax Shifting. 712. Assar Lindbeck and The Gains from Pension Reform. Mats Persson 713. Jakob Svensson Who Must Pay Bribes and How Much? 714. Assar Lindbeck The European Social Model: Lessons for Developing Countries. 715. Mats Persson and Taxation and Tournaments. Agnar Sandmo 716. Lars Calmfors and Nominal Wage Flexibility, Wage Indexation Åsa Johansson and Monetary Union.

2003

717. Assar Lindbeck Improving the Performance of the European Social Model - The Welfare State over the Life Cycle. 718. Harry Flam Turkey and the EU: Politics and Economics of Accession. 719. Assar Lindbeck An Essay on Welfare State Dynamics. 720. Gino A. Gancia Globalization, Divergence and Stagnation. 721. Dirk Niepelt Tax Evasion Dynamics. 722. Dirk Niepelt Intra-Generational Conflict: The Role of Balanced Budget Rules. 723. Peter Svedberg and The Real Price of Nonrenewable Resources: John E. Tilton Copper 1870-2000. 724. Peter Svedberg World Income Distribution: Which Way? 725. Assar Lindbeck and The Firm as a Pool of Factor Complementaries. Dennis Snower 726. Davide Ticchi and Endogenous Constitutions. Andrea Vindigni

2004

727. Conny Olovsson Why do Europeans Work so Little? 728. Conny Olovsson The Welfare Gains of Improving Risk Sharing in Social Security. 729. Conny Olovsson Social Security and the Equity Premium Puzzle. 730. Claes Bengtsson, Gender and Overconfidence. Mats Persson and Peter Willenhag 731. Martín Gonzalez-Eiras Sustaining Social Security. and Dirk Niepelt 732. Dirk Niepelt Social Security Reform: Economics and Politics. 733. Assar Lindbeck and Improving the SGP: Taxes and Delegation Dirk Niepelt rather than Fines.

2005

734. Mats Persson, Time Consistency of Fiscal and Monetary Torsten Persson and Policy: A Solution. Lars E.O. Svensson 735. Alessandra Bonfiglioli How does Financial Liberalization affect Economic Growth? 737. Alessandra Bonfiglioli Equities and Inequality. 738. Virginia Queijo How Important are Financial Frictions for the U.S. and Euro Area? 739. Assar Lindbeck Sustainable Social Spending. 740. Vasco Cúrdia and As Estimated DSGE Model for Sweden with a Daria Finocchiaro Monetary Regime Change.

2006

741. Mats Persson and The Becker Paradox and Type I vs. Type II Claes-Henric Siven Errors in the Economics of Crime. 742. Assar Lindbeck and A Model of Income Insurance and Social Mats Persson Norms. 743. Assar Lindbeck, Job Security and Work Absence: Evidence from Mårten Palme and a Natural Experiment. Mats Persson 744. Martina Björkman Income Shocks and Gender Gaps in Education: Evidence from Uganda. 745. Anna Larsson Monetary Regimes, Labour Mobility and Equilibrium Employment. 746. Harry Flam and Trade Volumes Effects of the Euro: Aggregate Håkan Nordström and Sector Estimates. 747. Mirco Tonin The Effects of the Minimum Wage in an Economy with Tax Evasion. 748. Stefano Della Vigna and The Fox Effect: Media Bias and Voting. Ethan Kaplan 749. Martina Björkman, Local Accountability. Ritva Reinikka and Jakob Svensson 750. Harry Flam and Euro Effects on the Intensive and Extensive Håkan Nordström Margins of Trade.

2007

751. José Mauricio Prado, Jr. Government Policy in the Formal and Informal Sectors. 752. Irasema Alonso and Ambiguity Aversion, the Equity Premium and José Mauricio Prado, Jr. the Welfare Costs of Business Cycles. 753. Martin Gonzalez-Eiras Determinants of Capital Intensive and R&D and Intensive Foreign Direct Investment. José Mauricio Prado, Jr. 754. Ritva Reinikka and Working for God? Evidence from a Change in Jakob Svensson Financing of Not-For-Profit Health Care Providers in Uganda.

2008

755. Assar Lindbeck Prospects for the Welfare State. 756. Assar Lindbeck and A Continuous Model for Income Insurance. Mats Persson 757. David von Below and Uncertainty, Climate Change and the Global Torsten Persson Economy.

2009

758. Anders Fredriksson Dispatchers 759. Anders Fredriksson Informal Firms, Investment Incentives and Formalization. 760. Lars Calmfors and Pattern Bargaining and Wage Leadership in a Anna Larsson Small Open Economy. 761. Andreas Nordvall How do Interactions Influence Formation of Lagerås and David Seim Social Networks? A General Microfounded Explanation.

2010

762. Daron Acemoglu, The Environment and Directed Technical , Change. Leonardo Bursztyn and David Hemous 763. Assar Lindbeck and A Continuous Theory of Income Insurance. Mats Persson 764. Lars Calmfors The Swedish Fiscal Policy Council – Experiences and Lessons. 765. Lars Calmfors Fiscal Policy Coordination in Europe. 2011 766. Maria Cheung and The Impact of a Food for Education Program on Maria Perrotta Schooling in Cambodia. 767. Lars Calmfors The Role of Independent Fiscal Policy Institutions. 768. Lars Calmfors and What Should Fiscal Councils Do? Simon Wren Lewis 769. Lars Calmfors The Swedish Fiscal Policy Council.

2012

770. Lars Calmfors Sweden: From Macroeconomic Failure to Macroeconomic Success.