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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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98-21: The Public Discount Rate and the Uncertain Budgetary Flows
Syed Ahsan and Panagiotis Tsigaris
98-20: Should Governments Create Production Inefficiency?
Knud Munk
98-19: Monetary Policy, Delegation and Polarization
Christian Schultz
98-18: A Simple Model of Commodity Taxation and Cross-Border Shopping
Søren Nielsen
98-17: Fiscal Institutions in EMU and the Stability Pact
Niels Thygesen
98-16: The Costs of EMU and Economic Convergence
Michael Bergman and Michael Hutchison
98-15: Nominal Stability, Real Convergence, and Fiscal Transfers in a Monetary Union
Svend E. Hougaard Jensen
98-14: Growth, Training Leave and Unemployment
Minna Selene Svane
98-13: Skill-Neutral Shocks and Institutional Changes: Implications for Productivity Growth and Wage Dispersion
João Ejarque and Torben Tranaes
98-12: Random Walk or Mean Reversion
Ole Risager
98-11: Optimal Inflation Targets, “Conservative” Central Banks, and Linear Inflation Contracts: Comment Downloads
Roel Beetsma and Henrik Jensen
98-10: Tax Policy, the Good Jobs and the Bad Jobs
Peter Birch Sørensen
98-09: Unfunded Social Security in the OLG Model with an Imperfectly Competitive Finance Market
Mark A. Roberts
98-08: Why Governments Should Tax Mobile Capital in the Presence of Unemployment
Erkki Koskela and Ronnie Schöb
98-07: Long Run Impact of Increased Wage Pressure Downloads
Claus Thustrup Hansen
98-06: A Note on Blanchard and Kiyotaki (1987) Downloads
Claus Thustrup Hansen
98-05: Is Coordination of Fiscal Deficits Necessary?
Harry Huizinga and Søren Nielsen
98-04: Environmental Policy in a Two Sector Growth Model Downloads
Frank Hettich and Minna Selene Svane
98-03: Tax Progression and Human Capital in Imperfect Labour Markets
Clemens Fuest and Bernd Huber
98-02: When is Policy Harmonisation Desirable?
Michael Keen, Sajal Lahiri and Pascalis Raimondos
98-01: The Optimal Design of Transfer Pricing Rules: A Non-Cooperative Approach
Pascalis Raimondos and Kimberley A. Sharf
97-28: Two-Stage Bargaining with Coverage Extension in a Dual Labour Market
Mark A. Roberts, Karsten Staehr and Torben Tranaes
97-27: Quantitative Implications of the Home Bias: Foreign Underinvestment, Domestic Oversaving, and Corrective Taxation
Assaf Razin, Efraim Sadka and Chi-Wa Yuen
97-26: Tax Coordination and Unemployment
Clemens Fuest and Bernd Huber
97-25: Tax Competition and Tax Coordination in an Optimum Income Tax Model
Bernd Huber
97-24: Protection, Underemployment and Welfare
Sugata Marjit and Hamid Beladi
97-23: Trade Policy and Access to Retail Distribution
Martin Richardson
97-22: Macroeconomic Stabilization with a Common Currency Downloads
Kenneth Kletzer
97-21: Should the Nordic Countries Join A European Monetary Union? An Empirical Analysis Downloads
U. Michael Bergman, Michael Hutchison and Yin-Wong Cheung
97-20: Rules of Origin as Commercial Policy Instruments Downloads
Rodney Falvey and Geoff Reed
97-19: Fiscal Deficits, Asset Prices and Intergenerational Distribution in an Open Unionized Economy Downloads
Erling Steigum
97-18: Growth Effects of a Revenue Neutral Environmental Tax Reform
Frank Hettich
97-17: Optimal Taxation in a Two Sector Model of Economic Growth Downloads
Minna Selene Svane
97-16: On Optimal Income Taxation with Heterogenous Work Preferences
Ritva Tarkiainen and Matti Tuomola
97-15: Tariff Strategies and Small Open Economies
Pascalis Raimondos and Alan Woodland
97-14: A Welfare Comparison of International Tax Regimes with Cross-Ownership of Firms Downloads
Harry Huizinga and Søren Nielsen
97-13: The Taxation of Interest in Europe: A Minimum Withholding Tax? Downloads
Harry Huizinga and Søren Nielsen
97-12: Pay-per-view Television: Consequences of a Ban Downloads
Claus Thustrup Hansen and Søren Kyhl
97-11: The Design of a Consumption Tax under Capital Risk
Syed Ahsan and Peter Tsigaris
97-10: Optimal Tax Progressivity in Imperfect Labour Markets
Peter Birch Sørensen
97-09: Implementing Tax Coordination
Amrita Dhillon, Carlo Perroni and Kimberley Scharf
97-08: Price Subsidies versus Public Provision
Sören Blomquist and Vidar Christiansen
97-07: Rebalancing Unemployment Benefits in a Unionized Labour Market Downloads
Claus Thustrup Hansen and Hans Jørgen Jacobsen
97-06: Optimal Income Transfers and Tariffs Downloads
Sajal Lahiri, Pascalis Raimondos, Kar-yiu Wong and Alan Woodland
97-05: Tiebout with Politics: Capital Tax Competition and Constitutional Choices Downloads
Carlo Perroni and Kimberley Scharf
97-04: Borrowed Reserves, Fed Funds Rate Targets, And the Term Structure Downloads
Jeffrey Nilsen
97-03: Wage Formation in a Cointegrated VAR Model: A Demand and Supply Approach Downloads
Thórarinn Pétursson and Torsten Slok
97-02: How small shocks and heterogeneous expectations can create swings in the exchange rate Downloads
Torsten Slok and Jens Peter Sørensen
97-01: The Political Economy of Capital Income and Profit Taxation in a Small Open Economy Downloads
Harry Huizinga and Søren Nielsen
96-22: Public Debt, Welfare Reforms, and Intergenerational Distribution of Tax Burdens in Denmark
Svend E. Hougaard Jensen and Bernd Raffelhüschen
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