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Decomposition of Air Pollution Emissions from Swedish Manufacturing
Starting from the '90s, Swedish manufacturing output has been constantly growing, while emissions of some major air pollutants have been declining. This paper decomposes manufacturing pollution emissi…
Journal Article
Publish date 3/22/2022
Contracting with Endogenously Incomplete Commitment: Escape Clauses
We study mechanism design under endogenously incomplete commitment as it arises in contracting with escape clauses. An escape clause permits the agent to end a contractual relationship under specified…
Working Paper
Publish date 5/28/2021
Graduate Student
Ecosystem Services for Compensation of Artificial Turf Systems
Constructing football fields in Sweden with artificial turf has grown in popularity in recent years. Although the increase in playing time per year is a significant benefit of using artificial turf, t…
Report
Publish date 12/14/2021
Affiliated Researcher
Affiliated Researcher
The Impact of Founders on Information Asymmetry vis-à-vis Outside Investors: Evidence from Caribbean Offshore Tax Havens
Ceding ownership to outside investors provides a control dilemma for founders. In less developed capital markets with weaker formal institutions, we argue that retained founder director ownership can…
Working Paper
Publish date 11/23/2021
Geographic Price Granularity and Investments in Wind Power: Evidence from a Swedish Electricity Market Splitting Reform
I evaluate the effect of the 2011 Swedish electricity market splitting reform on the allocation of wind power, exploiting a unique data set of all Swedish applications for wind power since 2003. By co…
Working Paper
Publish date 10/25/2021
Affiliated Researcher
Affiliated Researcher
Affiliated Researcher
Affiliated Researcher
Do Firms in Rural Regions Lack Access to Credit? Local Variation in Small Business Loans and Firm Growth
We investigate whether bank loans specifically designed to reduce credit constraints for small and medium-sized enterprises (SMEs) have different impacts depending on where the firm is located. Using…
Journal Article
Publish date 1/27/2022