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Three Essays on Electricity Spot and Financial Derivative Prices at the Nordic Power Exchange
(2006)
Essay I examines the market efficiency issues at the Nord Pool power exchange in the September 1995 – July 2002 period. A unique characteristic of this electricity exchange is the high hydropower proportion in the traded ...
Om nationalekonomisk imperialism och idéutveckling
(2006)
Nationalekonomiska metoder och modeller tillämpas inom de mest skiftande områden
som kriminalitet, barnuppfostran och drogmissbruk. Ett skäl till ämnets framgång är dess användning av matematik. Nationalekonomins formalisering ...
Ten Years of Misleading Information - Investment Advice in Printed Media
(2006)
This paper analyzes the returns to stock recommendations published in eleven well-known Swedish morning newspapers, tabloids, business newspapers and magazines during the period 1995-2004 prior to, at the time of, and for ...
Unequal Provision of Local Public Services under the Threat of Secession
(2003)
This paper studies to what extent it is possible to discriminate between two municipality parts by unequal public service provision when there is a threat of secession. The objective of the local politicians is to maximize ...
Assessing the Employment Effects of Labor Market Training Programs in Sweden
(2002)
Several studies have examined the effects of training programs on employment. Most of
them assume that the effects of training are constant for all potential trainees. We use an
econometric framework that allows studying ...
A Note on the Risk Behavior and Death of Homo Economicus
(2006)
Recent papers by Cox and Sadiraj (2006) and Rubinstein (2006) have pointed out that expected utility theory is more general than has sometimes been acknowledged, and can hence not be refuted as easily by means of experiments. ...
CSR in Electrification of Rural Africa
(2005)
Multinational corporations (MNCs) are beginning to explore low-income markets in
Africa in search of legitimacy and growth opportunities. This paper examines the CSR
(corporate social responsibility) aspects of this trend ...
Growth and Poverty Reduction in Ethiopia: Evidence from Household Panel Surveys
(2002)
The paper investigates the poverty impact of growth in Ethiopia by analysing panel data covering the period 1994 to 1997, a period of economic recovery driven by
good weather, peace, and much improved macro economic ...
Entry into Local Retail Food Markets in Sweden: A Real-Options Approach
(2005)
A real-options approach was used, incorporating uncertainty and irreversibility of investments, to study the number of stores entering the Swedish retail food market during the period 1994-2002. It was found that uncertainty ...
Heterogeneous preferences for marine amenities: A choice experiment applied to water quality
(2004)
The marine environment provides many goods and services dependent upon the quality of coastal waters. In this paper, we represent water quality by three different attributes, fish stock level, bathing water quality, and ...