FEP

Vol. 4, No. 1 Noel Gaston and Randall Wright: The effects of risk on efficient labor contracts (pp. 2–9) Abstract We analyze the effects of productivity risk on the expected utility of workers under efficient labor contracts. With multiplicative uncertainty

Vol. 3, No. 2 Peter Englund and Anders Vredin: The current account, supply shocks and accommodative fiscal policy: interpretations of Swedish post-war data (pp. 89–107) Abstract The aim of the paper is to assess empirically the importance of different types

Vol. 3, No. 1 Anders Björklund: Evaluations of Swedish labor market policy (pp. 3–13) Abstract Sweden has for a long time spent large resources on labor market policies targeted to the unemployed. In the Anglo-Saxon labor economics literature new methods

Vol. 2, No. 2 Costat Azariadis: Rational expectations equilibria with Keynesian properties (pp. 99–105) Mikko Puhakka: A model of implicit contracts without precommitment on employment (pp. 106–115) Abstract The purpose of this paper is to analyze an optimal one-period labor

Vol. 2, No. 1 Alpo Willman: If the markka floated: simulating the BOF4 model with fixed and floating exchange rates (pp. 3–19) Abstract In this paper the BOF4 model of the Bank of Finland, which is estimated in a fixed

Vol. 1, No. 2 Stephen Pudney: Estimating engel curves: a generalisation of the P-Tobit model (pp. 129–147) Abstract Cross-section demand relationships are usually estimated using data from short-duration expenditure surveys. The interpretation of such observations is not straightforward, since a

Vol. 1, No. 1 Sixten Korkman, Erkki Koskela and Jouko Ylä-liedenpohja: Perspectives on capital income taxation in Europe: an introduction (pp. 5–8) Agnar Sandmo: The taxation of household durable goods (pp. 13–24) Abstract Starting from issues raised in current debates about