2000

Vol. 22, No. 2 Jean-Charles Rochet: Regulating Systemic Institutions (pp. 35–46) Abstract The subprime crisis has revealed many loopholes in the supervisory/regulatory framework for banks. The most dramatic of these loopholes is certainly the Too Big To Fail (TBTF) problem:

Vol. 22, No. 1 Alfons J. Weichenrieder: A Note on Local Public Investment and Debt Limitation in a Federation (pp. 3–8) Abstract The paper considers the local provision of public infrastructure in symmetric jurisdictions when population is mobile. It shows

Vol. 21, No. 2 Maria Saez-Marti and Fabrizio Zilibotti: Preferences as Human Capital: Rational Choice Theories of Endogenous Preferences and Socioeconomic Changes (pp. 81–94) Abstract We discuss the theoretical and empirical foundations of modern economic theories of cultural transmission. The

Vol. 21, No. 1 Erkki Koskela, Markku Ollikainen and Mikko Puhakka: Saddles and Bifurcations in an Overlapping Generations Economy with a Renewable Resource (pp. 3–21) Abstract We incorporate a renewable resource as a factor of production and store of value

Vol. 20, No. 2 Juha-Pekka Niinimäki and Tuomas Takalo: Benchmarking and Comparing Entrepreneurs with Incomplete Information (pp. 91–107) Juha Tervala: Fiscal Policy and the Current Account in a Small Open Economy (pp. 108–120) Paolo Zagaglia: Operational fiscal and monetary policy

Vol. 20, No. 1 Annette Alstadsæter: The Achilles Heel of the Dual Income Tax: The Norwegian Case, Appendix (pp. 5–22) Helinä Laakkonen: The Impact of Macroeconomic News on Exchange Rate Volatility (pp. 23–40) Per-Ola Maneschiöld and Bengt Haraldsson: Religious Norms and

Vol. 19, No. 2 Harri Hietala and Seppo Kari: Investment Incentives in Closely Held Corporations and Finland’s 2005 Tax Reform (pp. 41–57) Abstract This paper analyses the effects of the recent Finnish income tax reform on the behaviour of a

Vol. 19, No. 1 Andreas Knabe and Peter Birch Sørensen: Outsourcing of Public Service Provision: When is it more efficient? (pp. 3–15) Abstract Outsourcing to for-profit producers of social services will enable a local government to achieve a given service

Vol. 18, No. 2 Mark Weder: Indeterminacy Revisited: Variable Capital Utilization and Returns to Scale (pp. 49–56) Abstract This paper presents a one-sector optimal growth model with variable capacity services and production externalities. It uses a new formulation of the

Vol. 18, No. 1 Marja-Liisa Halko: Financing of Unemployment Insurance under Wage Bargaining (pp. 3–15) Abstract In conventional trade union models, it is assumed that the unemployment benefits of the unemployed union members are provided by the government. We examine