EPRU Working Paper Series

From Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics
�ster Farimagsgade 5, Building 26, DK-1353 Copenhagen K., Denmark.
Contact information at EDIRC.
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01-05: Formula Apportionment and Transfer Pricing under Oligopolistic Competition

Søren Nielsen, Pascalis Raimondos and Guttorm Schjelderup

01-04: Funded Pensions, Labor Market Participation, and Economic Growth

Mark A. Roberts and Eric Fisher

01-03: International Fragmentation of Value-added Chains: How Does it Affect Domestic Factor Prices?

Wilhelm Kohler

01-02: Natural Resources and Economic Growth: The Role of Investment

Thorvaldur Gylfason and Gylfi Zoega

01-01: Optimal Degrees of Tranaparency in Monetary Policymaking

Henrik Jensen

00-20: Political Accountability and the Size of Government: Theory and Cross-Country Evidence

David Lassen

00-19: Withholding Taxes or Information Exchange: The Taxation of International Interest Flows

Harry Huizinga and Søren Nielsen

00-18: Tax Policy, Venture Capital, and Entrepreneurship

Christian Keuschnigg and Søren Nielsen

00-17: Why Is the Corporate Tax Rate Lower than the Personal Tax Rate?

Clemens Fuest, Bernd Huber and Søren Nielsen

00-16: Optimum Taxation and the Allocation of Time

Henrik Jacobsen Kleven

00-15: Renegotiation of Social Contracts by Majority Rule

Dan Anderberg and Carlo Perroni

00-14: Stopping "Hot Money" or Signaling Bad Policy? Capital Controls and the Onset of Currency Crises

Reuven Glick and Michael Hutchison

00-13: Dating the Turning Points of Nordic Business Cycles

Peter Christoffersen

00-12: Is Growth an Information Technology Story in Europe Too?

Francesco Daveri

00-11: Local Public Goods, Debt and Migration

Christian Schultz and Tomas Sjostrom

00-10: To What Extent Do Fiscal Regimes Equalize Opportunities for Income Acquisition among Citizens?

John Roemer, Rolf Aaberge, Ugo Colombino, Johan Fritzell, Stephen Jenkins, Ive Marx, Marianne Page, Evert Pommer, Javier Ruiz-Castillo, Maria Jesus San Segundo, Torben Tranaes, Gert Wagner and Ignacio Zubiri

00-09: A Simple Explanation of Stock Price Behavior in the Long Run: Evidence for Denmark

Jan Overgaard Olesen

00-08: Environmental Abatement and Intergenerational Redistribution

Lans Bovenberg and Ben Heijdra

00-07: Scale-Invariant Endogenous Growth

Carl-Johan Dalgaard and Claus Thustrup Hansen

00-06: Administrative Costs and the "Double Dividend"

Knud Munk

00-05: Labor Taxation in Search Equilibrium with Home Production

Bertil Holmlund

00-04: European Banking Distress and EMU: Institutional and Macroeconomic Risks

Michael Hutchison

00-03: Monetary Union, Entry Conditions and Economic Reform

Gulcin Ozkan, Anne Sibert and Alan Sutherland

00-02: International Integration, Risk and the Welfare State

Torben M. Andersen

00-01: When can an Independent Central Bank offer lower Inflation at no Cost? A Political Economy Analysis

Andrew Hughes Hallett and Maria Demertzis

99-24: Distributional Effects of Fiscal Consolidation

Svend E. Hougaard Jensen and Thomas Rutherford

99-23: Targeting Nominal Income Growth or Inflation?

Henrik Jensen

99-22: Ownership Concentration and Share Valuation: Evidence from Germany

Jeremy Edwards and Alfons Weichenrieder

99-21: Public Schooling, Social Capital and Growth

Mark Gradstein and Moshe Justman

99-20: Banking and Currency Crises: How Common Are Twins?

Reuven Glick and Michael Hutchison

99-19: Investment Subsidies and Time-Consistent Environmental Policy

Lisandro Abrego and Carlo Perroni

99-18: Noncooperative vs. Minimum-Rate Commodity Taxation

Morten Hvidt and Søren Nielsen

99-17: Can Immigration Alleviate the Demographic Burden?

Holger Bonin, Bernd Raffelhüschen and Jan Walliser

99-16: North-South Trade, Capital Accumulation and Personal Distribution of Wealth and Income

Satya Das

99-15: Survey evidence on wage rigidity and unemployment: Sweden in the 1990s

Jonas Agell and Per Lundborg

99-14: Fiscal Policy and the Composition of Private Consumption: Some Evidence from the U.S. and Canada

Jim Malley and Hassan Molana

99-13: Dual Labour Markets and Menu Costs: Explaining the Cyclicality of Productivity and Wage Differentials

Huw Dixon, Claus Thustrup Hansen and Henrik J. Kleven

99-12: Optimal Taxation with Household Production

Henrik Jacobsen Kleven, Wolfram Richter and Peter Birch Sørensen

99-11: Risk Sharing and Moral Hazard with a Stability Pact

Roel Beetsma and Henrik Jensen

99-10: Public Debt, Property Values and Migration

Christian Schultz and Tomas Sjostrom

99-09: Is Sterilized Foreign Exchange Intervention Effective After All? An Event Study Approach

Rasmus Fatum and Michael Hutchison

99-08: Temporary Social Dumping, Union Legalisation and FDI: A Note on the Strategic Use of Standards

Dermot Leahy and Catia Montagna

99-07: The Politics of Foreign Aid

Wolfgang Mayer and Pascalis Raimondos

99-06: Structural Convergence under Reversible and Irreversible Monetary Unification

Roel Beetsma and Henrik Jensen

99-05: Lobbying by Ethnic Groups and Aid Allocation

Sajal Lahiri and Pascalis Raimondos

99-04: Evolving Ambitions in Europe’s Monetary Unification

Niels Thygesen

99-03: Entrepreneurship, Economic Risks, and Risk-Insurance in the Welfare State

Pekka Ilmakunnas, Vesa Kanniainen and Uki Lammi

99-02: Divide the Dollar, A Model of Interregional Redistributive Politics

Ignacio Ortuno-Ortin and Christian Schultz

99-01: Labour Tax Reform, The Good Jobs and the Bad Jobs

Henrik Jacobsen Kleven and Peter Birch Sørensen

98-22: Emission Standards and Growth

Minna Selene Svane