Understanding the market economy — Aspects of planning
With Arne Jon Isachsen and Carl B. Hamilton.
Saving, investment, and the current account
Does devaluation make sense in the least developed countries?
Inflation, growth, and external debt: A view of the landscape
This paper reconsiders the relationship between inflation, economic growth and external debt, and discusses various channels through which (a) increased […]
Wages, money, and exchange rates with endogenous unions and governments
Does exchange rate policy matter?
Does devaluation improve the current account?
With Ole Risager.
Union rivalry and wages: An oligopolistic approach
With Assar Lindbeck
Competing wage claims, cost inflation, and capacity utilization
With Assar Lindbeck
A synthesis of Keynesian, monetary, and portfolio approaches to flexible exchange rates
With John F. Helliwell