Income distribution and housing prices: An assignment model approach

Journal of Economic Theory (2014), volume 151, May , pages 381-410 We present a framework for studying the relation between the distributions of income and house prices that is based on an assignment model where households are heterogeneous by incomes and houses by quality. Each household owns one house and wishes to live in one […]

De nordiska länderna utgör fortfarande en attraktiv modell

Den nordiska modellen fortsätter att vara ett attraktivt sätt att närma sig de ekonomiska och sociala utmaningar som skapas av global konkurrens, omvälvande teknologiska förändringar och en åldrande befolkning. Det konstaterar en rad erkända nordiska nationalekonomer i en ny rapport från Nordiska ministerrådet.

All foreign investments in Finland do not show in statistics

The recorded annual inflows of foreign direct investment (FDI) measure annual real investments in foreign-owned companies rather poorly, according to the research report How Does Foreign Direct Investment Measure Real Investment by Foreign-owned Companies? Firm-level Analysis (ETLA Reports 27).

How Does Foreign Direct Investment Measure Real Investment by Foreign-owned Companies? Firm-level Analysis

We study how Foreign Direct Investment (FDI) measures gross fixed capital formation in foreign-owned companies. Our data include firm-level information on FDI inflows and real investment (Gross Fixed Capital Formation) by foreign-owned companies located in Finland. Our results suggest that the recorded annual inflows of FDI poorly measure annual real investments in foreign-owned companies. Since […]

Implications of EU Governance Reforms: Rationale and Practical Application

We consider the real life implementation of some key elements of the new economic governance framework for the euro area. The main findings are the following. The Country Specific Recommendations issued in the context of the European Semester seem to be too little ‘specific’ to constrain governments in general and even less creditor governments, who […]

Income distribution and housing prices: An assignment model approach

Journal of Economic Theory (2014), volume 151, May , pages 381-410 We present a framework for studying the relation between the distributions of income and house prices that is based on an assignment model where households are heterogeneous by incomes and houses by quality. Each household owns one house and wishes to live in one […]

De nordiska länderna utgör fortfarande en attraktiv modell

Den nordiska modellen fortsätter att vara ett attraktivt sätt att närma sig de ekonomiska och sociala utmaningar som skapas av global konkurrens, omvälvande teknologiska förändringar och en åldrande befolkning. Det konstaterar en rad erkända nordiska nationalekonomer i en ny rapport från Nordiska ministerrådet.

All foreign investments in Finland do not show in statistics

The recorded annual inflows of foreign direct investment (FDI) measure annual real investments in foreign-owned companies rather poorly, according to the research report How Does Foreign Direct Investment Measure Real Investment by Foreign-owned Companies? Firm-level Analysis (ETLA Reports 27).

How Does Foreign Direct Investment Measure Real Investment by Foreign-owned Companies? Firm-level Analysis

We study how Foreign Direct Investment (FDI) measures gross fixed capital formation in foreign-owned companies. Our data include firm-level information on FDI inflows and real investment (Gross Fixed Capital Formation) by foreign-owned companies located in Finland. Our results suggest that the recorded annual inflows of FDI poorly measure annual real investments in foreign-owned companies. Since […]

Implications of EU Governance Reforms: Rationale and Practical Application

We consider the real life implementation of some key elements of the new economic governance framework for the euro area. The main findings are the following. The Country Specific Recommendations issued in the context of the European Semester seem to be too little ‘specific’ to constrain governments in general and even less creditor governments, who […]