Department of Economics

The paper considers Cournot duopoly where the competitors have capacity constraints. An isoelastic demand function, which always results when consumers maximise utility functions of the Cobb–Douglas type, is used. It has been demonstrated that isoelastic demand, combined with constant marginal costs, results in complex dynamics. The purpose of the present paper is to reconsider the case, using in stead cost functions with capacity limits. This is a point on which Edgeworth insisted as important. Comparisons between cases of few large and many small competitors cannot be made when firms have constant returns and hence are all infinitely large in potential.

Timely values of the gross regional product are rarely available. Annual GRP are often published with up to two years lag. The present paper evaluates a method of obtaining values of the GRP as soon as monthly and quarterly business cycle indicators become available. Building on earlier work on using bridge equations to obtaining quarterly values of GDP growth, a method is proposed were annual GRP growth is estimated using a large number of business cycle indicators. In a GRP setting, the time series span is far shorter than in a GDP setting. This is addresses by using principal components to summarize the information available in the business cycle indicators.

This paper concerns the provision of a state-variable public good in a two-type model under presentbiased consumer preferences. The preference for immediate grati…cation facing the high-ability type weakens the incentive to adjust public provision in response to the self-selection constraint.

The association between socioeconomic variables and mortality for 41 000 adults Vietnamese followed from January 1999 to March 2008 are estimated using Cox's proportionally hazard models. Also, we use decomposition techniques to investigate the relative importance of socioeconomic factors for explaining total inequality in age-standardized mortality risk. The results confirm previously found negative association between mortality and income and education,

Vietnam has experienced rapid economic growth following the transition, which began in the mid 1980s, from a planned agriculture based economy to a more market orientated one. In this paper, the associations between socioeconomic variables and mortality for 41,000 adults in Northern Vietnam followed from January 1999 to March 2008 are estimated using Cox's proportionally hazard models. Also, we use decomposition techniques to investigate the relative importance of socioeconomic factors for explaining inequality in age-standardized mortality risk. The results confirm previously found negative associations between mortality and income and education, for both men and women. We also found that marital status, at least for men, explain a large and growing part of the inequality. Finally, estimation results for relative education variables suggest that there exist positive spillover effects of education, meaning that higher education of one's neighbors or spouse might reduce ones ...

I empirically study the relationship between the share of foreign-born individuals and municipality income inequality measured by the Gini index. I use Swedish municipality level data from 2000 to 2019, showing a positive and signi cant relationship between the municipality level inequality and the share of foreign-born individuals. As predicted by existing theory, my results seem to be driven mainly by the share of immigrants more likely to be born in countries with lower human capital. These results motivate policy interventions to increase human capital levels for such foreign-born at their point of arrival. My results are robust to various speci cations, including fi xed effects models and various ways of de ning municipality level inequality.MSc in Economic