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This research started by recognizing the role that local, municipal governments can play to reach the global goal of sustainability. In addition,a municipal community must be able to cope with change and disturbance in order to successfully achieve a sustainable future. This
The current financial crisis, which has lasted almost one and a half years, is the 19th such crisis in the post-war period in advanced economies. Recent literature classifies the Nordic crises in Norway, Sweden and Finland in late 1980’s and early 1990’s
This paper deals with the question of whether the euro area Phillips curve is nonlinear. There has recently been a great deal of discussion and studies concerning the same question in the US context. The data set includes most of the euro
Is commercial banking in the traditional sense obsolete? Are we in fact witnessing the emergence of a fundamentally new era of finance and payments intermediation? These questions are raised in this paper. Instead of a formal analysis, an attempt is made here
Finland has followed overall trends in Europe and dismantled exchange controls at roughly the same pace as Sweden and Norway. The paper discusses both the extent and legal aspects of exchange control in different decades (1920s–1980s)in Finland. Introduction: An exchange control system
We analyze the effect of economic incentives on worker absenteeism, using panel data on work absence for 1990 and 1991 with a sample of 1,396 Swedish blue-collar workers. During this period Sweden implemented major reforms of both its national income replacement program
The Thesis examines the implementation of the ESDP in the planning systems of North West Europe (Denmark, North Germany, Netherlands). For that it shows the influence of the ESDP on programmes and policies in the respective planning system, and also provides ideas
Background and problem discussion: Sweden is one of the small open economies with flourishing venture capital investments. Much research has not been conducted into corporate governance in Sweden when venture capital is involved. I therefore studied how venture capital investments affect corporate
I introduce Expectational Business Cycles where aggregate activity fluctuates due to learning, heterogeneous updating rules and random changes in the social norm predictor. Agents use one of two updating rules to learn the equilibrium values while heterogeneity is dictated via an evolutionary
This is the first paper that examines economies of scale in stock exchanges. The data employed in the study include cost and output statistics for 37 stock exchanges in four continents around the world for the year 1997. I estimate two traditional