Institution
Stockholm School of Economics
Education•Stockholm, Sweden•
About: Stockholm School of Economics is a education organization based out in Stockholm, Sweden. It is known for research contribution in the topics: Population & Entrepreneurship. The organization has 1186 authors who have published 4891 publications receiving 285543 citations. The organization is also known as: Stockholm Business School & Handelshögskolan i Stockholm.
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TL;DR: In this paper, the authors use data from 287 Swedish municipalities to estimate how responsive alcohol sales are to foreign prices, and relate the sensitivity to the location's distance to the border.
Abstract: While many studies have documented deviations from the Law of One Price in international settings, evidence is scarce on the extent to which consumers take advantage of price differentials and engage in cross border shopping. We use data from 287 Swedish municipalities to estimate how responsive alcohol sales are to foreign prices, and relate the sensitivity to the location's distance to the border. Typical results suggest that the elasticity with respect to the foreign price is around 0.4 in the border region; moving 200 (400) kilometres inland reduces it to 0.2 (0.1). Given that cross-country price differences for alcohol and other products are often caused by taxes, our evidence has implications for the debate on tax competition/harmonization.
119 citations
TL;DR: In this article, the stability and linearity of a German M1 money demand function were investigated using smooth transition regression techniques, and it was found that the money demand equation considered is both linear and stable.
Abstract: Starting from a linear error correction model (ECM) the stability and linearity of a German M1 money demand function are investigated, applying smooth transition regression techniques. Using seasonally unadjusted quarterly data from 1961(1) to 1990(2) it is found that the money demand equation considered is both linear and stable. After extending the sampling period until 1995(4) a clear structural instability due to the monetary unification on 1 July 1990 is found and subsequently modelled. A non-linear specification for the extended period is presented and discussed. Copyright © 1999 John Wiley & Sons, Ltd.
119 citations
TL;DR: In this paper, the authors provide a framework for understanding the lingering problem of soft budget constraints in many transition economies even after the macroeconomic situation has been stabilized and a sound banking system has been introduced.
119 citations
TL;DR: It is concluded that to interpret and use cost-effectiveness analysis as a tool to maximize the health effects for one specified real-world budget, will be inconsistent with a societal perspective and is likely to lead to major problems of suboptimization.
118 citations
TL;DR: It is indicated that a smartphone administered stress intervention based on ACT can reduce perceived stress and increase general health among Swedish middle managers in the private sector.
118 citations
Authors
Showing all 1218 results
| Name | H-index | Papers | Citations |
|---|---|---|---|
| Magnus Johannesson | 102 | 342 | 40776 |
| Thomas J. Sargent | 96 | 370 | 39224 |
| Bengt Jönsson | 81 | 365 | 33623 |
| J. Scott Armstrong | 76 | 445 | 33552 |
| Johan Wiklund | 74 | 288 | 30038 |
| Per Davidsson | 71 | 309 | 32262 |
| Julian Birkinshaw | 64 | 233 | 29262 |
| Timo Teräsvirta | 62 | 224 | 20403 |
| Lars E.O. Svensson | 61 | 188 | 20666 |
| Jonathan D. Ostry | 59 | 232 | 11776 |
| Alexander Ljungqvist | 59 | 139 | 14466 |
| Richard Green | 58 | 468 | 14244 |
| Bo Jönsson | 57 | 294 | 11984 |
| Magnus Henrekson | 56 | 261 | 13346 |
| Assar Lindbeck | 54 | 234 | 13761 |