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Trust Us to Repay: Social Trust, Long-Term Interest Rates, and Sovereign Credit Ratings
This paper asks whether the sensitivity of market long-term interest rates and credit ratings is associated with cross-country differences in informal institutions, measured by social trust. We note a…
Journal Article
Publish date 8/13/2021
IFN 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
Cultures of Trust and Institutions of Freedom
This project entails two interrelated core themes: Can institutions embodying economic freedom, contrary to the skepticism of some, contribute to fairness, trust, equality and responsibility; and can…
Research project
Collaborative Innovation Blocs and Mission-Oriented Innovation Policy: An Ecosystem Perspective
Among contemporary economists, Mariana Mazzucato stands out for her emphasis on the importance of innovation to solving pressing challenges and achieve a greater quality of life. However, the type of…
Book Chapter
Publish date 4/25/2022
The Fatal Conceit: Swedish Education after Nazism
In the aftermath of the Second World War, Sweden dismantled an education system that was strongly influenced by German, Neo-Humanist pedagogical principles in favor of a progressive, student-centered…
Journal Article
Publish date 4/29/2022
The View of Knowledge: An Institutional Theory of Differences in Educational Quality
This essay argues that the most crucial institution of any school system is its view of knowledge—from which virtually all other aspects of a school are derived: the content of its curricula, its peda…
Working Paper
Publish date 6/22/2022
IFN Researcher
Political Failure: A Missing Piece in Innovation Policy Analysis
Within the field of innovation studies, researchers have identified systematic failures that hamper investment in R&D, innovation, and growth. Accordingly, researchers in this field often seek to…
Journal Article
Publish date 4/21/2022