Working Papers 1975–1989 (WP001–WP255)
Working Paper No. 50
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Working Paper No. 48
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Working Paper No. 47
Oil Prices and Economic Stability: The Macroeconomic Impact of Oil Price Shocks on the Swedish Economy
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…
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Working Paper No. 27
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Working Paper No. 30
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Working Paper No. 29
A Procedure for Testing the Signalling Hypothesis
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…
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Working Paper No. 28
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Working Paper No. 26
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Working Paper No. 44
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Working Paper No. 25
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Working Paper No. 34
Imperfect Information Equilibrium, Existence, Configuration and Stability
In this paper we examine the stability properties of price dispersion equi1ibrium in a market where individuals and firms have to make efforts to collect information about the prices charged by firms…
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Working Paper No. 33
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Working Paper No. 31
Taxes and Market Instability
Working Paper No. 31 is published as "Taxes and Market Instability" (author: Bengt-Christer Ysander), in Gunnar Eliasson and Jan Södersten (eds.), Business Taxation, Finance and Firm Behavior - Procee…
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Working Paper No. 21
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Working Paper No. 22
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Working Paper No. 20
A Putty-Clay Model of Demand Uncertainty and Investment
This paper uses a simple model to explore the effects of "increasing demand risk" on business fixed investment. We show that within a putty-clay framework an increase in demand uncertainty can be expe…
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Working Paper No. 19
Inflation, Taxation and Capital Cost
In times of inflation, most existing systems of taxation introduce new distortions into the allocation of resources. In this paper, the effects of inflation via taxes on the firm's east of capital are…
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Working Paper No. 24
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Working Paper No. 17
Generalized Farrell Measures of Efficiency: An Application to Milk Processing in Swedish Dairy Plants
This paper is concerned with the measurement of productive efficiency. Farrell's measures of efficiency are generalized to nonhomogeneous production functions. Several new measures of efficiency have…
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Working Paper No. 16
Frontier Production Functions and Technical Progress: A Study of Teneral Milk Processing in Swedish Dairy Plants
Technical change in general milk processing is estimated within a homothetic frontier production function allowing neutrally variable scale elasticity. The results show that technical progress is char…
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Working Paper No. 15
Pay Differentials between Government and Private Sector Employees in Sweden
The human capital model predicts that in equilibrium and in the absence of discrimination units of human capital possessed by individuals are paid the same rentals. This would hold also when comparing…
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Working Paper No. 14
Rates of Depreciation of Human Capital Due to Nonuse
How important for success on the job is uninterrupted labor force participation? Data on labor force status for a 15 year period for individual salaried employees in Swedish Industry makes possible th…
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Working Paper No. 13
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Working Paper No. 12
The Linear Expenditure System and Demand for Housing under Rent Control
In most applications of complete systems of demand functions to national accounts data it is implicitly assumed that the demand functions are identified. For post-war Sweden this is not an altogether…
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Working Paper No. 11
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Working Paper No. 10
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Working Paper No. 9
Double Taxation and Corporate Capital Cost
Several attempts have been made to determine the tax differential between the corporate and non-corporate sectors of the economy, implied by the present double taxation of corporate source income. A c…
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Working Paper No. 8
Estimation and Analysis with a WDI Production Function
By means of a new type of production function - the WDI function – an examination has been made of the production structure in thirteen branches of Swedish manufacturing industry. The function used wh…
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Working Paper No. 7
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Working Paper No. 3
Welfare Effects of Changes in Income Tax Progression in Sweden
Within the framework given by the theory of optimal income taxation this paper investigates the progressivity of the Swedish income tax. On the assumption that taxes distort labour leisure choice some…
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Working Paper No. 2
On the Effect of Different Patterns of Public Consumption Expenditures
The multiplier effects resulting from an isolated increase in the level of public consumption within different public branches are investigated and the policy implications are discussed. The article b…
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Working Paper No. 1
Corporate and Personal Taxation and the Growing Firm
The elements of corporate and personal taxation are integrated into a corporate growth model describing a value maximizing firm. The choice parameters of the firm are (1) the growth rate, (2) the debt…
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Working Paper No. 4
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