Meddelanden af Societas pro Fauna et Flora Fennica.

Haft. 27 (1900-1901)

Meddelanden af Societas pro Fauna et Flora Fennica.

Haft. 23 (1896-1897)

Meddelanden af Societas pro Fauna et Flora Fennica.

Haft. 25 (1898-1899)

Meddelanden af Societas pro Fauna et Flora Fennica.

Haft. 29 (1902-1903)

Meddelanden af Societas pro Fauna et Flora Fennica.

Haft. 37 (1910-1911)

Meddelanden af Societas pro Fauna et Flora Fennica.

Haft. 24 (1897-1898)

Meddelanden af Societas pro Fauna et Flora Fennica.

Haft. 26 (1899-1900)

Meddelanden af Societas pro Fauna et Flora Fennica.

Haft. 35 (1908-1909)

Meddelanden af Societas pro Fauna et Flora Fennica.

Haft. 34 (1907-1908)

Meddelanden af Societas pro Fauna et Flora Fennica.

Haft. 18 (1891-1892)

The Barcelonnettes: an example of network-entrepreneurs in XIX century Mexico. An explanation based on a theory of bounded rational choice with social embeddedness

A theory of network-entrepreneurs or "spin-off system" is presented in this paper for the creation of firms based on the community’s social governance. It is argued that firm’s capacity for accumulation depends on the presence of employees belonging to the same social/ethnic group with expectations of "inheriting" the firm and becoming entrepreneurs once they have been selected for their merits and loyalty towards their patrons. Such accumulation is possible because of the credibility of the patrons’ promises of supporting newcomers due to high social cohesion and specific social norms prevailing in the community. This theory is exemplified through the case of the Barcelonnettes, a group of immigrants from the Alps in the South of France (Provence) who came to Mexico in the XIX Century.

On the choice of an exchange rate regime: target zones revisited

From the classical gold standard up to the current ERM2 arrangement of the European Union, target zones have been a widely used exchange regime in contemporary history. This paper presents a benchmark model that rationalizes the choice of target zones over the rest of regimes: the fixed rate, the free float and the managed float. It is shown that the monetary authority may gain efficiency by reducing volatility of both the exchange rate and the interest rate at the same time. Furthermore, the model is consistent with some known stylized facts in the empirical literature that previous models were not able to produce, namely, the positive relation between the exchange rate and the interest rate differential, the degree of non-linearity of the function linking the exchage rate to fundamentals and the shape of the exchange rate stochastic distribution.