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European Economy – Reports and Studies

Welfare State Dynamics

This paper deals, in a general way, with the achievements and problems of welfare state arrangements inwestern Europe. These arrangements naturally differ among countries. In particular, the extent to…
































The Swedish Experiment

Institutions and policies in the economic and social fields have been rather experimental in Sweden. The experiences of some of these experiments are also relevant, positively or negatively, for other…



















Working Paper No. 471

A Schumpeterian Model of Protection and Relative Wages

This paper presents a dynamic general equilibrium model of trade between two advanced countries in which both innovation and skilled acquisition rates are endogenously determined. The model offers a N…
Working Paper
av Elias Dinopoulos, Paul Segerstrom
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Working Paper No. 464

Multinationals without Advantages

We propose a simple model to analyze the widespread idea that a necessary condition for firms to make foreign direct investments is that they have firm-specific advantages with respect to host country…
Working Paper
av Massimo Motta
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Working Paper No. 461

Does Equality Promote Growth?

Several recent articles claim that pre-tax income equality promotes growth. Equality is argued to dampen demand for redistributive economic policies that tax returns to growth-enhancing activities suc…
Working Paper
av Stefan Fölster, Georgi Trofimov
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Working Paper No. 451

Price Dynamics and Production Lags

The paper shows how prolonged price inertia can arise in a macroeconomic system in which there are temporary price rigidities as well as production lags in the use of intermediate goods. In this conte…
Working Paper
av Assar Lindbeck, Dennis J. Snower
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