International Loss Compensation: Law and Economics

The aim of this paper is to investigate International Loss Compensation. The paper also assesses in what way Sweden could use the recent developments in Community law to increase competiveness by tax measures others than lowering taxes… Contents 1. INTRODUCTION 1.1. AIM AND DELIMITATION 2. BASIC PRINCIPLES OF SWEDISH INCOME TAX LAW 2.1. GROUP TAXATION 3. GROUP TAXATION, …

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A Comparison between the Swedish 3G Beauty Contest and the UK 3G Auction

Introduction : The third generation of mobile phones, based on UMTS technology, is most often referred to as 3G. This is the new system that throughout Europe is just about to replace our second generation mobile phones, which is based on GSM systems. The 3G technology allows us to access the Internet at a very …

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Immigration and Wages in the U.S. Labor Market

While the economic effects of immigration have recently become topics of debate in the public arena, the debate is a long-standing one in the economics literature. The labor market effects of immigration have long been of interest to economists. Whereas theory predicts large negative effects on the wages of competing native-born workers from influxes of …

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Regional House Price Differentials: Factors that Influence the Choice of Location

Introduction : Why do we live where we live? Is it a coincident, family tradition or a deliberate choice? Perhaps the choice is not entirely free, but rather affected by forces such as working opportunities and the possibility to attract household resources.The free choice is hence restricted by economic funds.Many times we just cannot afford …

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Time Series Econometrics: Heteroskedasticity in Stock Return Data: Volume and Number of Trades versus GARCH Effects

The result of Lamoureux and Lastrapes and Omran and McKenzie are extended to the Swedish stock market, and this paper examines their findings that GARCH modelling captures the serial dependence in information flow into the market. Moreover, this paper also examines if (as a proxy for information flow) the number of trades can challenge the …

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Cultural Impact on International Business Negotiation

Background: The increasing global business competitiveness thoroughly intensifies the demand for improvements of communication and negotiation skills in order to adjust competence to successfully conduct the work of getting treaties of cooperation and business development to work everywhere. It is simply a matter of survival for an increasing amount of multinational companies operating in all …

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Open Bid Auctions: A Theoretical and an Experimental Study

For centuries, auctions have been used as an efficient market mechanism for selling or procuring goods. Over time, auctions have evolved from its very basic price call-out form to the much more sophisticated simultaneous multi goods design, the bulk of this dramatic evolution taking place in the later part of the twentieth century. Even though …

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Evaluating Emerging Markets

Country portfolio analysis, a commonly used tool among companies when evaluating potential target markets, only focus on potential sales instead of including cost and risk into the equation. However, some researchers today have become aware of the importance of taking these costs and risks into account. One of these researchers is Pankaj Ghemawat, who has …

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Quantitative New Keynesian Macroeconomics and Monetary Policy Project Report

Essay 1 compares the dynamic behaviour of an estimated New Keynesian sticky-price model with one-period delayed effects of monetary policy shocks to the dynamics of a structural vector autoregression model. The model is estimated with Bayesian techniques on German pre-EMU data. The dynamics of the sticky-price model following either a demand shock or monetary policy …

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