This paper deals with the relation between the term structure of rents and future spot rents.

This paper pinpoints the development of the Commission's policy on rail infrastructure charges through to Directive 2001/14.

Since 1988, Sweden’s railways have been vertically separated with (private or public) train operators paying for the use of government-owned railway infrastructure. The present paper scrutinizes today’s charging regime ...

This paper examines how employer- and worker-specific productivity shocks transmit to earnings and employment in an economy with search frictions and firm commitment. We develop an equilibrium search model with worker and firm shocks and characterize the optimal contract offered by competing...

We study the nature of firm pay dynamics. To this end, we propose a statistical model that extends the seminal framework by Abowd, Kramarz, and Margolis (1999a) to allow for idiosyncratically time-varying firm pay policies. We estimate the model using linked employeremployee data for Sweden from...

People in the Nordic countries of Denmark, Finland, Iceland and Sweden work more than the countries’ high tax rates would lead us to predict. This observation is explained by a shared belief system that emphasises women’s rights to labour market participation.