Haku

This study analyses the trade of Hungary and the Czech Republic with the European Union in 1997.After a general introduction, the focus turns to the extent of intra-industry trade (IIT) and its horizontal and vertical ...

This note presents new evidence on Finnish property criminality. The analysis is based on Earlichls (1973) model; the empirical an~lysis makes use af annual Finnish data for the period 1951 - 1986. The estimation results ...

The paper analyzes why exchange rates can deviate substantially from levels predicted by economic fundamentals. Chapter 2 reviews traditional exhange rate models and shows how they fail. Since speculation seems to·play a ...

The paper attempts to formalize dealer behaviour in the foreign exchange market. The three key assumptions used in the analysis are price sensitivity of customer orders and profit maximization by dealers who are constrained ...

The aim of this paper is to empirically assess whether government and/or corporate sector saving influence aggregate household saving in Finland. The aim is carried out using quarterly data from the period 1960 - 1988. We ...