THE JOURNAL OF ECONOMIC ASYMMETRIES June, 2012 Volume 9, Number 1 Articles Gabriel V. Montes-Rojas Optimal Spatial Prediction and the Construction of Regional Indexes ..…..…1 Tommaso Gabrieli Inequality, Intergenerational Mobility and Redistributive Policies under Endogenous Information...…………………………………..……..…..……23 Epaminondas Panas and Athanasios N. Yannacopoulos Ramsey meets Laibson and Itô: Effects of hyperbolic discounting on stochastic growth ………………………………..…………………..………51 Joseph DeJuan, Joakim Persson and Marc Tomljanovich Regional Income Convergence in Sweden, 1911-2003: A Time Series Analysis ………...……………………………………..........67 Keith Pilbeam and Neringa Oboleviciute Does Foreign Direct Investment Crowd In or Crowd Out Domestic Investment? Evidence from the European Union………………..…………..89 Xeni Dassiou and Dionysius Glycopantis Transactions Bundling in Monopsonistic Markets; Theory and Numerical Implications……………………………………………………….….….…105 Jon Stern System Operators in the England and Wales Water Industry: Lessons from US and EU Energy Industry Experience..............................................133