Economists and politicians in Sweden stated in the early 1990s that devaluations of the country's currency had lessened the external pressure on manufacturing and led to a delay in structural change and rationalizations. The theory of transformation pressure generalizes the idea that...

In this study an Extended Version of the Solowian growth model is presented and its properties are compared with those of the original model. In the Solowian model the forces behind the growth process are exogenous and disembodied. In the Extended Model technological change is divided into two...

Using data from voluntary Swedish sick insurance societies 1902-1910, this paper analyzes the coexistence of pure and mutual insurance societies where pure societies are characterized by charging ex ante premiums only while mutuals in addition charge ex post assessments. <p> Mutual insurance...</p>

The paper discusses the effect of economic reforms on gender differences in <p> participation rates and earnings in Russia in the early 1990s. Besides <p> national statistics it uses survey data from the city Taganrog, 1989 and <p> 1993/9. Although local, these repeated cross sections provide unique <p>...</p></p></p></p>

This paper analyses industrial policy in a high wage open economy hosting an agglomeration consisting of vertically linked upstream and downstream firms. Optimal policy towards upstream and downstream industries differ radically in this setting. However the restriction that the agglomeration...

This paper presents the idea that retail trade stories might cluster with their competitors to pool marketing expenses and thereby increase their individual visibility among consumers. In a model which presumes such a marketing technology we derive some new comparative statics results. In a...

The causes of and extent of network externalitites in paymeny systems such as the ATM and the ACH-market have been analysed and tested in earlier studies. In this paper a similar study is made for the market for variables relevant to the evolution of the EFTPOS market in the G-10 countries,...

This paper tests the insiders' dilemma hypothesis in a laboratory experiment. The insiders' dilemma means that a profitable merger does not occur, because it is even more profitable for each firm to unilaterally stand as an outsider (Kamien and Zang, 1990 and 1993). The experimental data...

What determines the structure of labour market institutions? I argue that <p> common explanations based on rent seeking are incomplete. Unions, job <p> protection, and egalitarian pay structures may have as much to do with social <p> insurance of otherwise uninsurable risks as with rent seeking. In...</p></p></p>

The purpose of this paper is to follow the development of the Swedish gender <p> earnings gap through the 1980s and 1990s. We follow the changes in the wage <p> gap and in factors to which it can be related, step-by-step, and year-by- <p> year. This is done by analysing cross sectional data from...</p></p></p>