Discussion Papers

From University of Copenhagen. Department of Economics
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98-14: Equilibrium Selection and the Rate of Convergence in Coordination Games with Simultaneous Play

Flavio M. Menezes, Paulo K. Monteiro and Akram Temimi

98-13: Jensen's Operator Inequality for Functions of Several Variables

Huzihiro Araki and Frank Hansen

98-12: Encompassing the VAR: A Formalization of Seasonal Encompassing with an Application on a German Macromodel

Andreas Beyer

98-11: Discrete Public Goods with Incomplete Information

Flavio Menezes, Paulo Monteiro and Akram Temimi

98-10: Pay-per-view Television: Consequences of a Ban

Claus Thustrup Hansen and Søren Kyhl

98-09: The Hodrick-Prescott Filter, the Slutzky Effect, and the Distortionary Effect of Filters

Torben Mark Pedersen

98-08: Duration Dependent Unemployment Benefits in Trade Union Theory

Claus Thustrup Hansen and Hans Jørgen Jacobsen

98-07: European Money Demand and the Role of UK for its Stability: A Cointegration Analysis

Andreas Beyer

98-06: Danish Aid Policy: Theory and Empirical Evidence

Finn Tarp, Christian F. Bach, Henrik Hansen and Søren Baunsgaard

98-05: Monetary Transmission in Germany: Evidence From a Structural Econometric Model

Andreas Beyer

98-04: Skill-Neutral Shocks and Institutional Changes: Implications for Productivity Growth and Wage Dispersion

João Ejarque and Torben Tranaes

98-03: Endogenous Fluctuations In an Open Economy with Increasing Returns to Scale

Marta Aloi, Huw Dixon and Teresa Lloyd-Braga

98-02: Wage Determination And Employment In Traditional Agriculture

James McIntosh

98-01: Duality Theory And the Consistent Estimation Of Technological Parameters: Why Cost Function Estimation Can Be Wrong

James McIntosh and William Sims

97-25: Why Danish Credit Co-operatives were so unimportant

Timothy Guinnane and Ingrid Henriksen

97-24: Immigrants, Savers, and Runners: The Emigrant Industrial Savings Bank in the 1850s

Cormac Ó Gráda

97-23: The Great Irish Famine: Winners and Losers

Cormac Ó Gráda

97-22: Floating Exchange Rates Versus a Monetary Union Under Rational Beliefs: The Role of Endogenous Uncertainty

Carsten Nielsen

97-21: Do prices move together in the long run? An I(2) analysis of six price indices

Katarina Juselius

97-20: Cooperatives as Information Machines: German Rural Credit Cooperatives, 1883-1914

Timothy Guinnane

97-19: Second Best Antitrust in General Equilibrium - A Special Case

Claus Thustrup Hansen

97-18: Changing Monetary Transmission Mechanisms within the EU

Katarina Juselius

97-17: An Eclectic Negotiation Theory of Trade Policy Behaviour

Sophus Garfiel and Ulrik Vestergaard Knudsen

97-16: Staggered Wages and Disinflation Dynamics: What can More Microfoundations Tell Us

Guido Ascari and Neil Rankin

97-15: Market Integration and Grain Price Stabilization in Europe 1500-1900. An Equilibrium Error Correction Approach

Mette Ejrnæs and Karl Gunnar Persson

97-14: Effort Commitment in Active Labour Market Programmes: Consequences for Participation Incentives and Wage Formation

Claus Thustrup Hansen and Torben Tranaes

97-13: Two-Stage Bargaining with Coverage Extension in a Dual Labour Market

Mark A. Roberts, Karsten Staehr and Torben Tranaes

97-12: Children as Insurance

Claus Pörtner

97-11: A Mixed Industrial Structure Magnifies the Importance of Menu Costs

Huw Dixon and Claus Thustrup Hansen

97-10: Time Consistency in Games of Timing

Luca Lambertini

97-09: RJVs and Price Collusion under Endogenous Product Differentiation

Luca Lambertini, Sougata Poddar and Dan Sasaki

97-08: Ignorance as a Commitment Device

Dan Sasaki

97-07: Strategic Information Acquisition

Dan Sasaki

97-06: Optimal Tax Progressivity in Imperfect Labour Markets

Peter Birch Sørensen

97-05: Uncertainty, Entry Deterrence and Excess Capacity

Sougata Poddar

97-04: Uncertainty and Durable Consumption in the Great Depression

João Ejarque

97-03: The Democratic Political Economy of Progressive Income Taxation

John Roemer

97-02: The (Non-Parochial) Welfare Economics of Immigration

John Roemer

97-01: Strategic Delegation and the Shape of Market Competition

Luca Lambertini

96-25: The European Stability Pact and the Effect of Uncertainty on the Debt and Deficit Ratios

Jonathan Rubin

96-24: Investment Irreversibility and Precautionary Savings in General Equilibrium

João Ejarque

96-23: von Neumann Morgenstern Preferences

Karl Vind

96-22: Capacity and Entry Deterrence under Demand Uncertainty

Sougata Poddar

96-21: Pre-emptive Search and R&D Clustering

James Cardon and Dan Sasaki

96-20: How Rural Market Imperfections Shape the Relation Between Farm Size and Productivity - A General Framework and an Application to Pakstani Data

Rasmus Heltberg

96-19: Axiomatic Characterizations of the Choquet Integral

Ebbe Groes, Hans Jørgen Jacobsen, Birgitte Sloth and Torben Tranaes

96-18: An Empirical Analysis of the Changing Role of the German Bundesbank after 1983

Katarina Juselius

96-17: Multiplicity of Equilibria

Christian Ghiglino and Mich Tvede

96-16: Endogenous, Imperfectly Competitive Business Cycles

Hans Jørgen Jacobsen

96-15: Stochastic Learning and the Intuitive Criterion in Simple Signaling Games

Hans Jørgen Jacobsen and Birgitte Sloth