3,583 research outputs found
Beyond the Salassa-Samuelson Effect in some New Member States of the European Union
Get PDFThis paper analyses the Balassa and Samuelson hypothesis in two groups of European countries: six New Member States (NMS) and six advanced EU-15 economies. It is found that the second stage of the hypothesis, which relates relative sector prices with the real exchange rate, does not hold anywhere. In the NMS the main reasons are increased demand for domestic tradables stemming from positive differentials in economic growth, probably coupled with quality improvements in domestic tradable goods. In the EU-15, the explanatory factor is segmentation between national markets of tradables, caused by transportation costs, non-tariff barriers and imperfect competition between firms.Balassa-Samuelson effect, panel cointegration, economic transition, market segmentation, quality bias
Ekonomistyrningens metoder, sammanhang och utveckling : en vänbok till Lars A Samuelson
No full textLars A Samuelson har efter en lång och framgångsrik akademisk karriär fyllt 65 år. Det vill redaktörer och författare till denna vänbok uppmärksamma. Bidragen ger ett smakprov på den stora bredd som karakteriserar Lars gärning. Olof Arwidi tar i sitt kapitel utgångspunkt i hans och Lars gemensamma artikel om budgeteringens utveckling fram till början av 1990-talet (Arwidi & Samuelson, 1993). Han beskriver och analyserar budgeteringens fortsatta utveckling fram till 2005. Steen Nielsen behandlar i sitt kapitel kalkyleringsfrågor. Närmare bestämt diskuterar och illustrerar han osäkerhet vid ABC-kalkylering, genom att simulera stokastiska ingångsvärden i Harvard-caset Classical Pen Company. Jan Mouritsen studerar i sitt bidrag till antologin användandet av finansiell och icke-finansiell information i offentlig sektor. Han knyter också användandet av information till olika ledarstilar och finner att användandet av information skiljer sig markant mellan olika ledarstilar. Mats Lundeberg analyserar Lars föreställningsram utifrån ett informations- och verksamhetsutvecklingsperspektiv. Fokus för analysen är samband och balans mellan olika styrmedel i Lars ramverk. Johnny Lind studerar sambanden mellan koncern-, affärsstrategi och ekonomistyrning utifrån en situationsteoretisk ansats. Ett tydligt resultat i studien var den starka finansiella dominansen i ekonomistyrningen oberoende av företagens strategiska inriktning. Göran Sjöholm ger en personlig skildring av en implementation av ett nytt ekonomisystem inom Alfa-Laval där Lars deltog som sakkunnig. Göran gör också en jämförelse med senare iakttagelser av ekonomistyrningens utveckling. Nils-Göran Olve ställer, med bakgrund av den utökade definitionen av ekonomistyrning och företeelser som balanserad styrning, frågan vilken styrning som är ekonomens. Han efterfrågar en ökad tydlighet kring ekonomens roll i företag och framhåller dessutom att en god ekonomistyrning kan bli en konkurrensfördel. Sten Jönsson argumenterar också för att akademin behöver återerövra det inflytande i den praktiska världen som bland annat Lars har haft. Detta försvåras dock av krav på publicering i internationella tidskrifter och medföljande globala likriktning. Men med hjälp av förståelse för praktikens logik och doktorer utbildade för praktikens behov finns det fortfarande hopp. Göran Nilsson behandlar i sitt kapitel styrningens utveckling genom att knyta an till begreppen rationell och normativ styrning. Han drar slutsatsen att styrningen under senare år återgått till att vara mer rationellt dominerad, vilket bland annat yttrar sig i en mer hierarkisk, finansiell och mekanistisk styrning. Lars Östman diskuterar konsekvenser av att styrningen under senare år alltmer sker på distans. Några sådana konsekvenser är att styrningen tenderar att baseras på ytligare kunskap om verksamheten och att verksamhetsmässiga överväganden alltmer får stå tillbaka för finansiella.</p
Reptricket. Förord till Lars Gustafsson: Mot noll
No full textIntroduction to a collection of philosophical essays by Swedish author Lars Gustafsson (b. 1936)
Growth of complex branched nanostructures resembling trees via multiple seeding by gold aerosol nanoparticles
No full textKimberly A. Dick, Knut Deppert, Magnus W. Larsson, Thomas Mårtensson, Werner Seifert, L. Reine Wallenberg and Lars Samuelson. Am. Assoc. for Aerosol Research. (AAAR) Boston, (2004
Author Functions in Lars Kepler\u27s The Hypnotist: An Analysis
No full textThis paper examines Foucault\u27s notion of the author function as it pertains to Lars Kepler\u27s bestselling 2011 crime thriller, The Hypnotist. Lars Kepler is the pseudonym of a Swedish husband-wife writing duo, making him the perfect subject for analysis centering on illusory notion of the author. This paper will answer these questions: Who is the true author of The Hypnotist? What factors influence the author function of this bestelling novel? And what can The Hypnotist phenomenon tell us about the relationships between authors and their readers? This paper will demonstrate that no literary works may be ascribed to an individual person, and that authors hold no privileged knowledge of the works they produce, because authors cease to be authors the moment pen is lifted from page
Growth of complex branched nanostructures resembling trees via multiple seeding by gold aerosol nanoparticles
No full textKimberly A. Dick, Knut Deppert, Magnus W. Larsson, Thomas Mårtensson, Werner Seifert, L. Reine Wallenberg and Lars Samuelson. Am. Assoc. for Aerosol Research. (AAAR) Boston, (2004
Inside the Economist's Mind: The History of Modern Economic Thought, as Explained by Those Who Produced It
Get PDFThis is the front matter from a book of interviews to be published by Blackwell. The book is coedited by W. A. Barnett and P. A. Samuelson. The front matter includes the Table of Contents, Coeditor Preface by W. A. Barnett, Coeditor Foreword by Paul A. Samuelson, and History of Thought Introduction by E. Roy Weintraub. The front matter highlights some of the more startling and controversial statements contained in the interviews and puts the interviews into context relative to the history of modern economic thought. The interviews reprinted in this book include: (1) Wassily Leontief interviewed by Duncan Foley. (2) David Cass interviewed jointly by Steven Spear and Randall Wright. (3) Robert E. Lucas interviewed by Bennett T. McCallum. (4) Janos Kornai interviewed by Olivier Blanchard. (5) Franco Modigliani interviewed by William Barnett and Robert Solow. (6) Milton Friedman interviewed by John Taylor. (7) Paul A. Samuelson interviewed by William A. Barnett. (8) Paul Volcker interviewed by Perry Mehrling. (9) Martin Feldstein interviewed by James Poterba. (10) Christopher Sims interviewed by Lars Peter Hansen. (11) Robert Shiller interviewed by John Campbell. (12) Stanley Fischer interviewed by Olivier Blanchard. (13) Jacques Drèze interviewed by Pierre Dehez and Omar Licandro. (14) Tom Sargent interviewed by George Evans and Seppo Honkapohja. (15) Robert Aumann interviewed by Sergiu Hart. (16) James Tobin and Robert Shiller interviewed by David Colander.history of economic thought, Samuelson, macroeconomics, microeconomics, policy, interviews
Inside the Economist's Mind: The History of Modern Economic Thought, as Explained by Those Who Produced It
No full textThis is the front matter from a book of interviews to be published by Blackwell. The book is coedited by W. A. Barnett and P. A. Samuelson. The front matter includes the Table of Contents, Coeditor Preface by W. A. Barnett, Coeditor Foreword by Paul A. Samuelson, and History of Thought Introduction by E. Roy Weintraub. The front matter highlights some of the more startling and controversial statements contained in the interviews and puts the interviews into context relative to the history of modern economic thought. The interviews reprinted in this book include: (1) Wassily Leontief interviewed by Duncan Foley. (2) David Cass interviewed jointly by Steven Spear and Randall Wright. (3) Robert E. Lucas interviewed by Bennett T. McCallum. (4) Janos Kornai interviewed by Olivier Blanchard. (5) Franco Modigliani interviewed by William Barnett and Robert Solow. (6) Milton Friedman interviewed by John Taylor. (7) Paul A. Samuelson interviewed by William A. Barnett. (8) Paul Volcker interviewed by Perry Mehrling. (9) Martin Feldstein interviewed by James Poterba. (10) Christopher Sims interviewed by Lars Peter Hansen. (11) Robert Shiller interviewed by John Campbell. (12) Stanley Fischer interviewed by Olivier Blanchard. (13) Jacques Dreze interviewed by Pierre Dehez and Omar Licandro. (14) Tom Sargent interviewed by George Evans and Seppo Honkapohja. (15) Robert Aumann interviewed by Sergiu Hart. (16) James Tobin and Robert Shiller interviewed by David Colander.history of economic thought, Samuelson, macroeconomics, microeconomics, policy, interviews
Bayesian and adaptive optimal policy under model uncertainty
Get PDFWe study the problem of a policymaker who seeks to set policy optimally in an economy where the true economic structure is unobserved, and policymakers optimally learn from their observations of the economy. This is a classic problem of learning and control, variants of which have been studied in the past, but little with forward-looking variables which are a key component of modern policy-relevant models. As in most Bayesian learning problems, the optimal policy typically includes an experimentation component reflecting the endogeneity of information. We develop algorithms to solve numerically for the Bayesian optimal policy (BOP). However the BOP is only feasible in relatively small models, and thus we also consider a simpler specification we term adaptive optimal policy (AOP) which allows policymakers to update their beliefs but shortcuts the experimentation motive. In our setting, the AOP is significantly easier to compute, and in many cases provides a good approximation to the BOP. We provide a simple example to illustrate the role of learning and experimentation in an MJLQ framework. JEL Classification: E42, E52, E5
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