Publications

A simple model is lIsed to explore the etTects of "inereasing demand risk" on busine~s fixed investment. We show that within a putty-c1ay framework an increase in demand uncertAinty can be expected to…

The price sensitivity of energy demand and the substitution possibilities between energy and other aggregate production factors in Swedish manufacturing industries are analyzed. Both homothetic and no…

Recent research on the unobserved economy suggests that the phenomenon has important implications for both macroeconomic policy and public finance. Attention is focused on the public finance implicati…

The high energy price level resulting from the two oil price hikes has made energy saving and energy efficiency a major issue for Swedish manufacturing. The six econometric papers assembled in this v…

A major research effort of IUI in recent years has been directed towards tracing and analyzing the causes and implications of the so-called energy crisis of the 1970s. The project - called Energy and…

The two papers collected in this volume are both concerned with the economic consequences of instability and uncertainty of energy prices. The policy options available in Sweden for dealing with the p…

Economic analysis of household micro behavior, data collection for a longitudinal data base and development of statistical methods for collection and analysis of micro data are the three general purpo…

Between 1970 and 1978, industrial subsidies in Sweden rose from 4.9 % to 16 % of value added in mining and manufacturing. Most of this increase was due to increased wage subsidies to specific firms fa…

In this paper a timesaving method is proposed for maximizing likelihood functions when the parameter space is subject to nonlinear constraints, expressible as second order polynomials. The suggested a…

The "new electronics technology" in its various manifestations has been very much in the limelight during recent years. It has been associated with future mass unemployment or scary visions of a Brave…

In this paper we extend models of “search market equilibrium” to incorporate general equilibrium considerations. The model we treat is one with a single product market and a single labor market. Imper…

In a situation when no single sample inc1udes all the endogenous variables of a simultaneous equation model but there are two (or more) non-overlapping samples and each variable is included in at leas…

The effects of inflation, via taxes, on the firm's cost of capital are analyzed. The taxes are the corporate income tax and household taxes on dividends and capital gains. The costs of equity and debt…

Age-earnings profiles are compared across three countries: Japan, Sweden and the United States. Dynamic changes in period, age and cohort characteristics and permanent differences across countries are…

During the twentieth century one of the most important changes in the structure and management of industry has been the rise of corporate R&D in large companies. Although some economists, such as…

The present paper is part of a study concerning the international competitiveness of Swedish industry. The two aspects of the broad and complex question of competitiveness that have been studied so fa…

The origin of this paper was the need to provide import and export functions for the IUI-model of the Swedish economy used in the 1979 forecasting exercise, later on extended to support the analysis i…

This paper includes theoretical and empirical analyses of some effects of changes in payroll taxes. First, the implication of the standard partial equilibrium analysis is explored in Section II. In pa…

In these simulation experiments for the Swedish economy, the impact of a future oil price shock was measured in terms of the stabilization policies required, and the possibility was evaluated of insur…

Complete systems of demand functions form an important part of many econometric macro models and they are also a useful tool for demand analysis in its own right. Econometric aspects of the applicatio…

Over the years IUI has devoted considerable resources to research under the heading Taxes, Finance and Firm Behavior. Several such projects are currently in progress. In the summer of 1978 when the In…

Labor market studies have long been a central theme of IUI research, covering such topics as labor mobility, education and productivity on the one hand, and wage and salary formation on the other. Thi…

This paper develops a procedure for testing the signaling hypothesis as advanced by Spence, et. al. The approach used is to examine directly the question of whether employers use education for purely…