Articles and Book Chapters in English
Regional Science Policy & Practice
Revitalizing Rural Communities through Institutional Reform of Quasi-Markets
Welfare services such as healthcare, elderly care, and education are key to ensuring quality of life generally, and vital for rural communities across urbanizing countries. While these sectors are lar…
Journal Article
Economic Affairs
Why Is Competition in the European Football Market Failing, and What Should Be Done About It?
The European football (soccer) market increasingly funnels rents to superstar players and intermediaries while weakening competitive balance. We trace this dynamic to two forces: (a) technological inn…
Journal Article
Energy Economics
Local Network Operators in an Integrated Electricity Market
One of the key objectives of the EU's energy policy is to integrate the national electricity markets across Europe. However, effective integration requires that the system operators controlling the tr…
Journal Article
European Review of Economic History
Historical Monetary Strategies: Achieving Long–Term Price Stability in Medieval Sweden
This paper examines how medieval Swedish minting authorities (1277–1540) appear to have maintained relative price stability despite repeated debasement and silver shortages. Written sources are scarce…
Journal Article
Proceedings of the XVI International Numismatic Congress, Vol. III: Medieval Numismatics
Income Sources and Effects of Medieval Emergency Debasements
The paper is about how minting authorities in the Middle Ages could increase seigniorage by undertaking relatively fast debasements (decreasing the silver content) of the coinage. The paper analyses w…
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Proceedings of the XVI International Numismatic Congress, Vol. III: Medieval Numismatics
When Small Change was not a Big Problem
Abstract In a proportional coinage system with several denominations, there is a risk of shortage of small change. The main reason is the higher production costs of small coins. This was a major probl…
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Economic and Business Review
What Kind of Economists Do We Want? From a One–Track to a Two–Track Mind
We explore the challenges facing the current academic training of economists in small European countries such as Sweden. The monolithic focus on publishing in the top-ve journals, which prioritizes m…
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Small Business Economics
Neo–Schumpeterian Growth Theory: Missing Entrepreneurs Results in Incomplete Policy Advice
The neo-Schumpeterian growth models, which appeared in the early 1990s, have ostensibly reintroduced the entrepreneur into mainstream growth theory. However, we show that by ignoring genuine uncertain…
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Empirical Economics
The Impact of Drought on Farm Economic Performance: Evidence from Sweden
We estimate the effect of drought on farm economic performance, examine the sensitivity of farms’ historical performance to drought conditions, and determine the effect of a future increase in drought…
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Small Business Economics
Shaping and Furthering Core Conversations in Entrepreneurship Research: Dean A. Shepherd Recipient of the 2025 Global Award for Entrepreneurship Research
For almost three decades, Professor Dean A. Shepherd has had a profound impact on scholarly developments within the international community of entrepreneurship researchers. His extraordinarily broad a…
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Small Business Economics
Incentivizing Innovative Entrepreneurship in Quasi-Markets: Theory and Evidence from Sweden’s Schools and Nursing Homes
This article discusses welfare quasi-markets, a promising yet under-explored area of study in entrepreneurship research. Many countries have implemented quasi-markets to enhance entrepreneurship…
Journal Article
International Environmental Agreements: Politics, Law and Economics
Investment Treaties and the Replacement of Stranded Investment
A common claim holds that investment treaties reduce the willingness of host countries to regulate foreign-owned, environmentally-stranded, investments. A counter-argument is that the treaties can yie…
Journal Article
Economics Letters
The Effect of an Anonymous Grading Reform for Male and Female University Students
This paper leverages a university-wide anonymous grading reform and presents evidence that female university students benefit from anonymous grading. Female grades improve by around 0.035 standard dev…
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Financial History Review
The Economics of Small Change: Resolving Coinage Challenges in Medieval Europe
In medieval Europe’s coinage systems, the introduction of small denomination coins was a significant challenge due to their higher relative production costs, often leading to shortages. To address thi…
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Small Business Economics
Risky Business: Venture Capital, Pivoting and Scaling
The creation and scaling of startups are inherently linked to risk-taking, with various types of owners handling these risks differently. This paper investigates the influence of an active venture cap…
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Journal of School Choice
The Profit Motive in the Classroom—Friend or Foe?
Can competition and the existence of profit-seeking actors in the school market improve educational quality? To see cost-efficient, long-term improvements, we identify the school system’s capacity for…
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Annals of Regional Science
The EU’s Competitive Advantage in the 'Clean-Energy Arms Race'
The net-zero agreement on carbon emission from Paris 2015 gives a key role to fossil-free energy technologies with an expected multifold growth rate over the coming decades, when successively replacin…
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Economics Letters
Plundered or Profitably Pumped-up? The Effects of Private Equity Takeover
We study the effects on firms that are acquired by private equity firms in a leveraged buyout, using detailed Swedish registry data covering 1998-2022. Acquired firms see a large increase in their deb…
Journal Article
European Review of Agricultural Economics
Transition Dynamics of Hybrid Farmers: A Survival Analysis of Exits and Entries Into Full-Time Farming
Using Swedish-matched employer–employee data from 2001 to 2018 and parametric survival analysis, we examine how the share of off-farm wage income affects survival time in the state of hybrid farming.…
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Review of Income and Wealth
Earnings Losses and the Role of the Welfare State During the COVID-19 Pandemic: Evidence from Sweden
Many governments introduced temporary adjustments to counter the economic and health consequences of the COVID-19 pandemic. We study the importance of already existing government transfers and pandemi…
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Journal of Telecommunications and the Digital Economy
How Important is Mobile Broadband Latency for Total Factor Productivity Growth?
This paper investigates the relationship between the log change in mobile broadband latency and total factor productivity (TFP) growth based on data for 130 countries. It finds that there is a strong…
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Southern Economic Journal
Does Capitalism Disfavor Women? Evidence from Life Satisfaction
There is widespread concern, especially in certain feminist circles, that a market-oriented economic system, or capitalism, disfavors women. This could take many forms, such as lower wages for the sam…
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Journal of the Economics of Ageing
Intergenerational Redistribution in a Pay-as-you-go Pension System
This study provides a comprehensive analysis of the generational wealth transfer within Sweden’s public pay-as-you-go pension system introduced in 1960. Using extensive administrative registers, the p…
Journal Article
Research Handbook on the Structure of Private Equity and Venture Capital
From Wall Street to Work Floor: How Private Equity Buyouts Affect Workers
Private equity buyouts have sparked debates among labor unions and worker representatives on how they affect workers. This chapter provides an overview of academic evidence on how private equity buyou…
Book Chapter
Journal of Technology Transfer
Sourcing Applied and Basic Knowledge for Innovation and Commercialization Success
We study how sourcing of applied and basic knowledge is related to the likelihood and speed at which inventions become innovations as well as their profitability. By using a patent database with uniqu…
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Economic Affairs
Seven Reasons Why Mission-Oriented Innovation Policies Seldom Work in Practice
This article integrates findings from several different case studies on mission-oriented innovation policies (MOIPs) and makes use of the existing literature to briefly describe three other missions:…
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Small Business Economics
Inventions, Commercialization Strategies and Knowledge Spillovers in SMEs
Despite the comprehensive previous research on different aspects of inventions and externalities spanning both the micro and macro levels, no prior studies have, to our knowledge, examined the relatio…
Journal Article
Small Business Economics
Why Generative AI Can Make Creative Destruction More Creative But Less Destructive
The application of machine learning (ML) to big data has become increasingly important. We propose a model where firms have access to the same ML, but incumbents have access to historical data. We sho…
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Constitutional Political Economy
Ballooning Bureaucracy? Stylized Facts of Growing Administration in Swedish Higher Education
All organizations need to allocate labor to production and administration. In many cases – particularly within the public sector – the optimal allocation is far from obvious. Indeed, vocal concerns ha…
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De norrländska stålsatsningarna – frälsare eller gökunge?
The Sponge-Iron Battle: The Challenges for Fossil-Free Steel Initiatives in Norrland and the Way Forward
The EU and many countries have committed to be climate-neutral by 2050. Combined with the Paris Agreement, this means there is strong presure to transition to climate-neutral technoligies. This pressu…
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