EPRU Working Paper Series

From Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics
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96-21: Logic of Aid in an Intertemporal Setting

Slobodan Djajic, Sajal Lahiri and Pascalis Raimondos

96-20: Transfer and the Intertemporal Terms of Trade

Slobodan Djajic, Sajal Lahiri and Pascalis Raimondos

96-19: Job Security Policies and Trade union Behaviour in an Open Economy

Ole Risager and Jan Rose Sørensen

96-18: Wage Rigidity, Monetary Integration and Fiscal Stabilisation in Europe

Svend Erik Hougaard Jensen

96-17: The Coordination of Capital Income and Profit Taxation with Cross-Ownership of Firms

Harry Huizinga and Søren Nielsen

96-16: Dynamic Effects of an Anticipated Switch from Destination- to Origin-Based Commodity Taxation

Andreas Haufler and Søren Nielsen

96-15: International Welfare Effects from Country-Specific R&D Subsidies

Anders Sørensen

96-14: Policy Rules for Exploitation of Renewable Resources: A Macroeconomic Perspective

Tryggvi Herbertsson and Anders Sørensen

96-13: Is Intervention a Signal of Future Monetary Policy? Evidence from the Federal Funds Futures Market

Rasmus Fatum and Michael Hutchison

96-12: Central Bank Institutional Design and the Output Cost of Disinflation: Did the 1989 New Zealand Reserve Bank Act Affect the Inflation-Output Tradeoff?

Michael Hutchison and Carl Walsh

96-11: Exchange Rates, Non-Traded Goods and the Terms-of-Trade: An Empirical Application for New Zealand

Eric Hansen and Michael Hutchison

96-10: The 'German View', Fiscal Consolidation and Consumption Booms: Empirical Evidence from Denmark

U. Michael Bergman and Michael Hutchison

96-09: How Does Uncertainty About Future Fiscal Policy Affect Current Macroeconomic Variables?

Neil Rankin

96-08: Macroeconomic Policy and Exchange Rate Policy Management in a Small Dependent Economy: Estimating the Effects of Currency Devaluation in Jordan

Ole Risager and William G. Tyler

96-07: Political Competition and Polarization

Christian Schultz

96-06: Announcements and Credibility of Monetary Policy

Christian Schultz

96-05: Industrialization and Factor Accumulation

Anders Sørensen

96-04: Growth Enhancing Policies in a Small Open Economy

Anders Sørensen

96-03: Market Access and Welfare Effects of Free Trade Areas without Rules of Origin

Jiandong Ju and Kala Krishna

96-02: Transferable Licenses vs. Nontransferable Licences: What is the Difference?

Kala Krishna and Ling Hui Tan

96-01: A Simple Model of Raiding Opportunities and Unemployment

Torben Tranaes

95-22: Intertemporal Aspects of Fiscal Policy in Denmark

Svend E. Hougaard Jensen and Bernd Raffelhüschen

95-21: Progressive Taxation, Wages and Activity in a Small Open Economy

Claus Thustrup Hansen, Lars Haagen Pedersen and Torsten Sloek

95-20: Progressive Taxation and Wage Setting: Some Evidence for Denmark

Ben Lockwood, Torsten Sloek and Torben Tranaes

95-19: Welfare Effects of Investment Incentive Policies: A Quantitative Assessment

Hans Fehr

95-18: Housing Markets and Vacant Land

Christian Keuschnigg and Søren Nielsen

95-17: The Proscpects for EMU by 1999 - and Reflections on Arrangements for the Outsiders

Niels Thygesen

95-16: On the Effects of Trade Policy Reform: The Case of Jordan

Ole Risager

95-15: Consumption Taxes: Some Fundamental Transition Issues

David Bradford

95-14: Environmental Taxes, International Capital Mobility and Inefficient Tax Systems: Tax Burden vs. Tax Shifting

Ruud de Mooij and Lans Bovenberg

95-13: Public Good Provision and the Welfare Effects of Indirect Tax Harmonisation

Sajal Lahiri and Pascalis Raimondos

95-12: Debt Reduction, Wage Formation and Intergenerational Welfare

Svend Erik Hougaard Jensen

95-11: Private Investment and Endogenous Fiscal Policy. Theory and Evidence from UK and USA

Saqib Jafarey, Yannis Kaskarelis and Apostolis Philippopoulos

95-10: Commodity Tax Harmonisation with Public Goods - an Alternative Perspective

Ben Lockwood

95-09: Capital Income and Profits Taxation with Foreign Ownerwhip of Firms

Harry Huizinga and Soeren Bo Nielsen

95-08: Patterns of Tax Arbitrage and Decentralized Tax Autonomy

Bernd Genser

95-07: Environmental Policy and Sustainable Economic Growth - an endogenous growth perspective

Sjak Smulders

95-06: The Role of Second-Best Theory in Public Economics

Robin Boadway

95-05: Changing Views of the Corporate Income Tax

Peter Birch Soerensen

95-04: Channels of Interstate Risksharing: US 1963-1990

Bent E. Soerensen, Pierfederico Asdrubali and Oved Yosha

95-03: Towards a Theory of Socially Valuable Imitation with Implications for Technology Policy

Vesa Kanniainen and Rune Stenbacka

95-02: Withholding Taxes and Country-Specific Shocks

Soeren Bo Nielsen

95-01: On Financial Adjustment and Investment Booms: Lessons from Tax Reforms

Vesa Kanniainen and Jan Södersten

94-14: Market Segmentation and Effective Demand Shortage in a World with Dynamic Optimization

Yoshiyasu Ono

94-13: Consumer Services, Employment and the Informal Economy

Niels Kleis Frederiksen, Peter Hansen, Henrik Jacobsen and Peter Birch Soerensen

94-12: Competition for Aid and Trade Policy

Sajal Lahiri and Pascalis Raimondos

94-11: On the Optimality of the Nordic System of Dual Income Taxation

Peter Birch Soerensen and Soeren Bo Nielsen

94-10: Taxation, Pollution, Unemployment and Growth: Could there be a "Triple Dividend" from a Green Tax Reform?

Peter Birch Soerensen, Lars Haagen Pedersen and Soeren Bo Nielsen

94-09: Public Choice of an Education System and its Implications for Growth and Income Distribution

Mark Gradstein and Moshe Justman

94-08: Tying of Aid to Trade Policy Reform and Welfare

Sajal Lahiri and Pascalis Raimondos

94-07: Welfare-Improving Debt Policy under Monopolistic Competition

Partha Sen

94-06: Fiscal Policy, Public Debt Stabilzation and Politics: Theory and evidence from the US and UK

Ben Lockwood, Apostolis Philippopoulos and Andy Snell

94-05: Is There Anything Wrong with Tied-Aid?

Sajal Lahiri and Pascalis Raimondos

94-04: Illegal Immigration and Resource Allocation

Slobodan Djajic

94-03: The Economic and Welfare Effects of Taxing Foreign Assets

Ed W.M.T. Westerhout

94-02: Optimal Taxation of Intangible Capital

Kaare P. Hagen and Vesa Kanniainen

94-01: Reinforcing Stage Two in the EMU Process

Niels Thygesen

93-09: A Model of the ERM Crisis

Gulcin Ozkan and Alan Sutherland

93-08: Strategic Trade Policy and Integration

Wilhelm Kohler

93-07: From the Global Income Tax To the Dual Income Tax: Recent Tax Reforms in The Nordic Countries

Peter Birch Soerensen

93-06: Why is There Corporate Taxation in a Small Open Economy? The Role of Transfer Pricing and Income Shifting

Roger Gordon and Jeffrey Mackie-Mason

93-05: The Political Economy of Stopping High Inflation

Martin Paldam

93-04: Federal Fiscal Constitutions. Part I: Risk Sharing and Moral Hazard

Torsten Persson and Guido Tabellini

93-03: Debt, Deficits and Transition to EMU: A Small Country Analysis

Svend Erik Hougaard Jensen and Lars Grue Jensen

93-02: Indirect Taxation in an Integrated Europe. Is there a Way of Avoiding Trade Distortions Without Sacrificing National Tax Autonomy?

Bernd Genser, Andreas Haufler and Peter Birch Soerensen

93-01: Tax Reform, Welfare, and Intergenerational Redistribution - An Intertemporal Simulation Approach

Svend Erik Hougaard Jensen, Soeren Bo Nielsen, Lars Haagen Petersen and Peter Birch Soerensen