A novel method to measure bidders’ costs in descending first price sealed bid auctions is introduced. The novelty is based on two intuitively appealing economic assumptions on which bidders’ costs are given an imperfect measurements interpretation. Theory provides no guidance as to the shape...

The purpose of this paper is to study the intra-household allocation of time to several household production activities using Swedish cross-sectional household data. The Tobit model is rejected in favor of the Cragg model, suggesting that the intra-household time allocation is best modeled by a...

The paper proposes two estimation approaches for duration models that are subject to right censored observations and selection effects. Main focus is on accelerated duration models and the estimators are of the limited information type, i.e. they are not based on a fully specified selection...

The contribution of this book is the explicit recognitation of the importance of endogenous disinvestment activities to a new equilibrium. This is embodied in the condition specifying the economic life of capital to account for obsolescence. This specification provides the formal link between...

A new approach to limited-dependent variable count data or other model types is considered. Instead of adopting maximum likelihood estimation based on a full distributional assumption or smoothing techniques and semiparametric estimation, the novel idea is to use an approximation to the...

The purpose of this study is to empirically investigate causal effects between socioeconomic status and absence from the workplace due to sickness. To be able to conclude that income causally affects health it is important to control for both reverse causality and unobserved heterogeneity. This...

In this paper we consider an equilibrium model of demand and supply for several qualifications first in a competitive setting and then in a non-competitive setting. We propose a tractable analytical framework, i.e. when workers choose between qualifications according to a multinomial logit model...

This thesis consists of an introductory part and four papers. <p> Paper [I] estimates jointly the choice of whether to enroll in education and the choice of location among young people. Being a particularly mobile group, the location choices of young individuals shape much of the regional...</p>

Using data on three cohorts of Swedish university entrants, this study examines whether earnings vary between students who change universities and students who do not change. The results show that earnings, during the first years after leaving the university, are significantly lower for students...

This paper concerns optimal income taxation in a two-country OLG economy, where each country is characterized by asymmetric information between the government and the private sector, and where one of the countries outsources part of its production to the other. In the country whose firms...