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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
New book on Bitcoin
Bitcoin is neither money, a financial asset nor digital gold. Instead, it should be seen as an open Ponzi scheme, argue Roger Svensson, IFN , and Bob Seeman, the authors of the new book Bitcoin: Unlic…
News
Publish date 7/7/2021
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 solve pressing challenges and achieve a greater quality of life. However, the type of mi…
Working Paper
Publish date 9/22/2021
Affiliated Researcher
The Interaction of Schumpeterian Institutional Entrepreneurship and Hayekian Institutional Change in Innovative Industries
Innovation often takes place in entrepreneurial ecosystems. We use the history of the Silicon Valley venture capital model and the Hollywood motion picture industry to illustrate how specialized insti…
Working Paper
Publish date 10/12/2021
William J. Baumol: Innovative Contributor to Entrepreneurship Economics
William J. Baumol was one of the most prolific economists of his generation, analyzing a broad range of central economic issues addressing real problems of the world. In this essay, we present and cri…
Journal Article
Publish date 9/24/2021
How Labor Market Institutions Affect Job Creation and Productivity Growth
Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key facto…
Popular Science
Publish date 12/13/2021
Så blir EU mer innovativt och entreprenöriellt
Europaprojektet hotas av den nationalistiska populism som just nu sveper över kontinenten. För att mota den i grind behövs ett optimistiskt alternativ som ger medborgarna framtidstron tillbaka. Att sk…
Report
Publish date 2/15/2021
William J. Baumol: Innovative Contributor to Entrepreneurship Economics
William J. Baumol was one of the most prolific economists of his generation, analyzing a broad range of central economic issues addressing real problems of the world. In this essay, we present and cri…
Working Paper
Publish date 9/10/2021
Varning för den misslyckade industripolitikens återkomst
De storskaliga förtäckta företagsstöden fungerade dåligt på 70-talet. Trots bristen på vetenskapligt stöd har pandemin och kriget i Ukraina lett till en renässans för statlig industripolitik. Men hist…
Op-Ed
Publish date 4/22/2022
Slutreplik: Nyfiken grundforskning kan inte kommenderas fram
Ledande svenska och internationella ekonomer: Problem uppstår när stater, EU och myndigheter försöker styra vilka investeringar som bör göras.
Op-Ed
Publish date 4/25/2022
Graduate Student
IFN Researcher
Affiliated Researcher