Journal of Income Distribution
Daniel Waldenström
Over the recent decades there has been a dramatic rise in top income shares in most Western countries. Several explanations have been proposed to explain this phenomenon, some pointing at the role of market-driven forces such as technology and globalization, while…
American Economic Review: Papers & Proceedings
Coren L. Apicella, Elif E. Demiral och Johanna Möllerström
We report on two experiments investigating whether there is a gender difference in the willingness to compete against oneself (self-competition), similar to what is found when competing against others (other-competition). In one laboratory and one online market…
Journal of Public Economic Theory
Jisoo Hwang och Johanna Möllerström
Widespread agreement that a political reform is necessary is no guarantee that it is actually undertaken in a timely manner. There is often a delay before action is taken and reform packages that would be most efficient to implement all at once are often done only…
PNAS
Mikael Elinder, Sebastian Escobar och Ingel Petré
This article shows that a simple monetary incentive can dramatically reduce electric energy consumption (EEC) in the residential sector and simultaneously achieve a more desirable allocation of EEC costs. The analyses are based on data from a policy experiment…
Journal of Public Economics
Manja Gärtner, Johanna Möllerström och David Seim
Redistributive policies can provide an insurance against future negative economic shocks. This, in turn, implies that an individual's demand for redistribution is expected to increase with her risk aversion. To test this prediction, we elicit risk aversion and…
Research in Economics
Holger Görg, Philipp Henze, Viroj Jienwatcharamongkhol, Daniel Kopasker, Hassan Molana, Catia Montagna och Fredrik Sjöholm
We show that the firm-size distribution is an important determinant of the relationship between an industry's employment and output. A theoretical model predicts that changes in demand for an industry's output have larger effects on employment, resulting from…
Journal of Business Economics and Management
Martin Andersson och Trudy-Ann Stone
We analyse the relationship between international sourcing, measured as imports of intermediate inputs, and the technical efficiency of firms in the information and communications technologies (ICT) manufacturing industry in Sweden. Using stochastic frontier…
Journal of Mechanism and Institution Design
Ola Andersson och Tommy Andersson
This paper investigates two hitherto unexplored dimensions inherent in online sequential auctions, namely, how the time elapsed between the end of an auction and the end of the next one and the order of presentation on the website affect prices. Using a…
American Economic Review
David Cesarini, Erik Lindqvist, Matthew J. Notowidigdo och Robert Östling
We study the effect of wealth on labor supply using the randomized assignment of monetary prizes in a large sample of Swedish lottery players. Winning a lottery prize modestly reduces earnings, with the reduction being immediate, persistent, and quite similar by age,…
American Economic Journal: Economic Policy
David Seim
This paper provides an empirical assessment of an annual wealth tax. Using Swedish administrative data, I estimate net-of-tax-rate elasticities of taxable wealth in the range [0.09, 0.27]. Cross-checking self-reported assets against asset data unavailable to the tax…
Journal of Regulatory Economics
Erik Lundin
This study provides an empirical test of price mimicking among publicly owned water utilities. Using a fixed effects spatial Durbin model with data from Swedish municipalities during 2002–2012, I estimate the elasticity of the own relative to neighbors’…
Small Business Economics
Martin Andersson och Daniel Waldenström
The 2017 Global Award for Entrepreneurship Research is given to Hernando de Soto, president of the Institute for Liberty and Democracy (ILD) in Lima, Peru. Over the last 30 years, Hernando de Soto has been a world-leading intellectual engaged in academic and…
Journal of Entrepreneurship and Public Policy
Christian Bjørnskov och Jacob Lihn
Purpose – The purpose of this paper is to explore how the strength of political veto players affects the long-run credibility of economic institutions and how they jointly affect entrepreneurial activity.
Design/methodology/approach – The…
Tourism Economics
Mikaela Backman, Johan Klaesson och Özge Öner
The hospitality industry is a rapidly growing revenue generator in many countries and is becoming economically important for generating employment and for integrating of immigrants into the labor market. As an industry where firms face fierce competition, it is…
Journal of Economic Behavior & Organization
Mikael Elinder och Lovisa Persson
We show that house prices in general did not respond to a substantial cut in the national property tax in Sweden. The estimates are based on rich register data covering more than 100,000 sales over a time period of two and a half years. Because the Swedish property…
IPPR Progressive Review
Mårten Blix
What does the future hold for the welfare state? An assessment of its ongoing viability in the years to come, and challenge to the idea that it would – or should – be replaced in the foreseeable future by a universal basic income.
Quarterly Journal of Economics
Ernesto Dal Bó, Frederico Finan, Olle Folke, Torsten Persson och Johanna Rickne
Can a democracy attract competent leaders, while attaining broad representation? Economic models suggest that free-riding incentives and lower opportunity costs give the less competent a comparative advantage at entering political life. Moreover, if elites have more…
Scandinavian Journal of Economics
Martin Olsson
I examine whether employment protection affects the willingness of working parents to provide childcare. Using a reform that made it easier for employers to dismiss workers in small firms, I find that softer employment protection reduces the use of temporary parental…
Economic Journal
Olle Folke, Torsten Persson och Johanna Rickne
We exploit close elections in Swedish municipalities to test whether relatives of politicians who become mayors obtain economic benefits. We find no benefits for the siblings of new mayors, but the average earnings of children of newly appointed mayors rise by about…
Economic Journal
Erika Färnstrand Damsgaard, Pehr-Johan Norbäck, Lars Persson och Helder Vasconcelos
This article examines how entrepreneurs and incumbents differ in their R&D strategies. We show that entrepreneurs have incentives to choose projects with a higher risk and a higher potential in order to reduce expected entry costs. If products are not too…
Economic Journal
Pär Holmberg
In multi-unit auctions, it is necessary to specify rationing rules to break ties between multiple marginal bids. The standard approach is to ration marginal bids proportionally. This article shows how bidding can be made more competitive – and the auctioneer…
Journal of Human Resources
Erik Grönqvist, Björn Öckert och Jonas Vlachos
We study the intergenerational transmission of cognitive and noncognitive abilities using population data and correct for measurement error in abilities using two sets of instruments. The results show that previous estimates are biased downward and that once…
Journal of the European Economic Association
Sonia Bhalotra, Martin Karlsson och Therese Nilsson
This paper investigates the potential of an infant intervention to improve life expectancy, contributing to emerging interest in the early life origins of chronic disease. We track individuals from birth to death, and are able to identify age and cause of death. The…
Journal of Business Venturing Insights
Thomas Åstebro och Joacim Tåg
Using a dataset with over 24 million year-employment observations and the universe of more than 230,000 entries into entrepreneurship in one economy we analyze the gross (including the founders), net (excluding the founders), and new (jobs to the former unemployed or…
European Economic Review
Carl Davidson, Fredrik Heyman, Steven Matusz, Fredrik Sjöholm och Susan Chun Zhu
Global engagement can impact firm organization and the occupations firms need. We use a simple task-based model of the firm's choice of occupational inputs to examine how that choice varies with global engagement. We reveal a robust and causal relationship…
American Economic Review
Timothy Besley, Olle Folke, Torsten Persson och Johanna Rickne
We develop a model where party leaders choose the competence of politicians on the ballot to trade off electoral success against their own survival. The predicted correlation between the competence of party leaders and followers is strongly supported in Swedish data.…
Public Choice
Andreas Bergh, Günther Fink och Richard Öhrvall
In the literature on political economy and public choice, it is typically assumed that government size correlates positively with public corruption. The empirical literature, however, is inconclusive, owing to both measurement problems and endogeneity. This paper…
Foundations and Trends in Entrepreneurship
Niklas Elert och Magnus Henrekson
The interplay between entrepreneurship and institutions is crucial for economic development; however, the view that institutions determine the extent to which entrepreneurial activity is productive is only part of the story. We argue that causality is bidirectional,…
Labour Economics
Björn Tyrefors Hinnerich och Jonas Vlachos
Sweden has a school voucher system with universal coverage and full acceptance of corporate providers. Using a value added approach, we find that students at upper-secondary voucher schools on average score 0.06 standard deviations lower on externally graded…
The Indonesian Economy: Trade and Industrial Policies
Fredrik Sjöholm
Foreign Direct Investment (FDI) has increased in importance over the last decades, globally as well as in Indonesia. We examine how such inflows of FDI affects value added in Indonesia. The effect is positive: foreign firms generate relatively high levels of value…
Geographies of Growth: Innovations, Networks and Collaborations
Martin Andersson, Lina Bjerke och Charles Karlsson
Today we can observe an increasing spatial divide as some large urban regions and many more medium-sized and small regions face growing problems such as decreasing labour demand, increasing unemployment and an ageing population. In view of these trends, this book…
WTO Dispute Settlement: Time to Take Stock
Louise Johannesson och Petros C. Mavroidis
The WTO has been lauded for its unique dispute settlement system. Its uniqueness lies primarily in that it is the most comprehensive “compulsory third party” adjudication regime in international relations. No other regime of this breadth exists in state…
International Journal of Production Economics
Carla Machado, Edison Pinheiro de Lima, Sergio da Costa, Jannis Angelis och Rosana Mattioda
Business sustainability integration is a complex task and strongly linked to operations management. In fact, sustainability based approaches demand operations management boundaries' expansion, creation and integration of new performance goals into traditional…
Experimental Economics
Ola Andersson, Topi Miettinen, Kaisa Hytönen, Magnus Johannesson och Ute Stephan
We experimentally subliminally prime subjects prior to charity donation decisions by showing words that have connotations of pro-social values for a very brief time (17 ms). Our main finding is that, compared to a baseline condition, the pro-social prime increases…
European Journal of Political Economy
Andreas Bergh, Margareta Dackehag och Martin Rode
Policy advice by the OECD has long been at the heart of academic debates on welfare state reform, with frequent claims questioning the ideological orientation of recommendations. This paper constructs an indicator of perceived reform need for 24 countries,…
Social Policy & Administration
Qin Gao och Johanna Rickne
Income inequality in China has been much documented and debated. However, one important aspect of income inequality – social insurance inequality – has been largely understudied. We use a large national panel of firm data to examine the possible influence…
Structural Change and Economic Dynamics
Harald Edquist och Magnus Henrekson
We investigate to what extent ICT and R&D capital are associated with value added growth in the Swedish business sector. By estimating output elasticities based on data for 47 different industries for the period 1993–2012 we show that ICT and R&D…
Journal of Industrial Economics
Florin Maican och Matilda Orth
We use a dynamic model to measure the impact of the entry of large stores on incumbents’ productivity separate from demand while accounting for local markets and the endogeneity of entry. Using data on all retail food stores in Sweden, we find that…
Southern Economic Journal
Niclas Berggren och Christian Bjørnskov
Social trust has been identified as a catalyst for reforms. We take the literature further in two ways. First, we analyze mechanisms through which social trust enables liberalizing reforms—by overcoming obstacles in the political process (stemming from…
Journal of World Trade
Louise Johannesson och Petros C. Mavroidis
In this article, we provide some descriptive statistics of the first twenty years of the WTO (World Trade Organization) dispute settlement., that we have extracted from the data set that we have put together, and made publicly available (http://globalgovernancepro…
Scandinavian Journal of Economics
Joan de Martí och Yves Zenou
We analyze a network-formation model where agents belong to different communities. Both individual benefits and costs depend on direct as well as indirect connections. Benefits of an indirect connection decrease with distance in the network, while the cost of a link…
Review of World Economics
Aron Berg, Pehr-Johan Norbäck och Lars Persson
Mergers give acquirers control over the assets of the merged entity and give sellers control over financial assets. We propose a cross-border merger model with home biased financially constrained owners in which the subsequent investments of the buyer and the seller…
SAGE Open Medicine
Anna Häger Glenngård och Anders Anell
Objective: We explore whether standardisation in health care based on evidence on group level and a public health perspective is in conflict with responsiveness towards individual patient’s expectations in Swedish primary care.
Methods: Using…
Journal of Economics & Management Strategy
Christian Huse och Nikita Koptyug
We examine how consumers react to the financial distress of durable goods manufacturers by studying the Swedish new car market. We employ a difference-in-differences matching methodology whereby we compare sales of carmaker Saab with those of a control group of…
Social Indicators Research
Niclas Berggren, Christian Bjørnskov och Therese Nilsson
There is great variation in views on and treatment of minorities such as gay men across the world. We are the first to pinpoint what features of societies are beneficial to gay men’s quality of life by using a unique new cross-country dataset covering 110…
Nordic Tax Journal
Magnus Henrekson
By the late 1960s, real effective taxation of income from individual firm ownership in Sweden approached 100 percent. A series of tax reforms has reversed this situation. This paper (1) elucidates the thinking behind the vision of creating a largely market-based…
Scandinavian Economic History Review
Roger Svensson
A specific monetary tax − called periodic re-coinage − was applied for almost 200 years in large parts of medieval Europe. Old coins were frequently declared invalid and exchanged for new ones based on publicly announced dates and exchange fees. A…
Journal of Labor Economics
Martin Olsson och Joacim Tåg
Private equity firms are often criticized for laying off workers, but the evidence on who loses their jobs and why is scarce. This paper argues that explanations for job polarization also explain layoffs after private equity buyouts. Buyouts reduce agency problems,…
Contemporary Economic Policy
Christian Bjørnskov
This article returns to the discussion of how income inequality affects economic growth. The main argument of the article is that economic freedom is likely to mediate the association between inequality and growth. In a panel of 300 observations from six 5-year…
Experimental Economics
Thomas Buser, Anna Dreber och Johanna Möllerström
Individual willingness to enter competitive environments predicts career choices and labor market outcomes. Meanwhile, many people experience competitive contexts as stressful. We use two laboratory experiments to investigate whether factors related to stress can…
Journal of Health Economics
Gabriel Heller Sahlgren
This paper analyses the short- and longer-term effects of retirement on mental health in ten European countries. It exploits thresholds created by state pension ages in an individual-fixed effects instrumental-variable set-up, borrowing intuitions from the…
Mathematical Social Sciences
Vianney Dequiedt och Yves Zenou
We propose an axiomatic approach to characterize centrality measures for which the centrality of an agent is recursively related to the centralities of the agents she is connected to. This includes the Katz–Bonacich and the eigenvector centrality. The core of…
Migration Letters
Andreas Bergh
In most OECD-countries immigrants have lower employment and higher unemployment than natives. The gap in labor market outcomes is larger in countries with more immigrant friendly attitudes. This paper suggests that in countries where labor market institutions are…
Renewable Energy
Sara Fogelberg och Ewa Lazarczyk
Wind power generation of electricity has gained popular support because of its low environmental impact and its low costs relative to other renewable energy sources. However, concerns have been raised in the power sector that wind power generation will come at the…
European Economic Review
Selva Bahar Baziki, Pehr-Johan Norbäck, Lars Persson och Joacim Tåg
An increasingly large share of cross-border acquisitions are undertaken by private equity-firms (PE-firms) and not by traditional multinational enterprises (MNEs). We propose a model of cross-border acquisitions in which MNEs and PE-firms compete over domestic assets…
Review of Economics and Statistics
Mounir Karadja, Johanna Möllerström och David Seim
We use a tailor-made survey on a Swedish sample to investigate how individuals' relative income affects their demand for redistribution. We first document that a majority misperceive their position in the income distribution and believe that they are poorer,…
Management Science
Makan Amini, Mathias Ekström, Tore Ellingsen, Magnus Johannesson och Fredrik Strömsten
Failure to express minority views may distort the behavior of company boards, committees, juries, and other decision-making bodies. Devising a new experimental procedure to measure such conformity in a judgment task, we compare the degree of conformity in groups with…
Scandinavian Journal of Economics
Matz Dahlberg, Karin Edmark och Heléne Berg
Here, we respond to the comments raised by Nekby and Pettersson-Lidbom on our paper Dahlberg et al. (2012, Journal of Political Economy 120, 41–76). We argue that our estimates are internally valid, but we acknowledge that the external validity could have been…
International Rewiew of Entrepreneurship
Niklas Elert och Magnus Henrekson
The purpose of this paper is to nuance the widely held view that well-functioning institutions are the ultimate prerequisite for innovation and entrepreneurship. This is done by putting the spotlight on the role that formal and informal institutions have in serving…
Journal of Entrepreneurship and Public Policy
Magnus Henrekson och Mikael Stenkula
Purpose – The purpose of this paper is to show that entrepreneurship can be fruitfully analyzed by positing that entrepreneurs are searching for rates of return exceeding the risk-adjusted market rate of return, i.e., they try to create or discover economic…
Journal of Business Ethics
Aleksandra Gregorič, Lars Oxelheim, Trond Randøy och Steen Thomsen
In this empirical study, we investigate the variation in firms’ response to institutional pressure for gender-balanced boards, focusing specifically on the preservation of prevailing practices of director selection and its impact on the representation of women…
Modernizing the Public Sector: Scandinavian Perspectives
Anna Häger Glenngård och Anders Anell
The Swedish experience of introducing quasi-markets in primary care is discussed with respect to the identified objectives of primary care. Empirical studies suggest that objectives related to general accessibility have been met. There is more limited knowledge about…
Modernizing the Public Sector: Scandinavian Perspectives
Fredrik Andersson
The reliance on market solutions by the Swedish public sector has increased significantly in recent decades. The Swedish example is characterized by an openness to market solutions in many public-sector activities and by a mix of procurement arrangements and…
Journal of Economic Literature
Matthew O. Jackson, Brian W. Rogers och Yves Zenou
We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of "macro" and "micro" characteristics of social-interaction networks and discuss both the theoretical and empirical findings…
Social Economics: Current and Emerging Avenues
Martin Ljunge
Journal of Economic History
Daniel Waldenström
This study uses new data on Swedish national wealth over the last two hundred years to examine whether the patterns in wealth-income ratios found by Piketty and Zucman (2014) extend to small and less developed economies. The findings reveal both similarities and…
Journal of Economic Behavior & Organization
Eleonora Patacchini, Edoardo Rainone och Yves Zenou
We investigate whether, how, and why individual education attainment depends on the educational attainment of schoolmates. Specifically, using longitudinal data on students and their friends in a nationally representative set of US schools, we consider the influence…
Telecommunications Policy
Harald Edquist och Magnus Henrekson
We analyze the effect of ICT and R&D on total factor productivity (TFP) growth across different industries in Sweden. R&D alone is significantly associated with contemporaneous TFP growth, thus exhibiting indirect effects. Although there is no significant…
Leisure Studies
Özge Öner och Johan Klaesson
Understanding more about the geographic location of leisure services is an important quest for research. For a long time now in developed economies, almost all employment growth is occurring within the service sector. In this sector, leisure services are fast…
Spatial Economic Analysis
Özge Öner
Retail city: the relationship between place attractiveness and accessibility to shops. Spatial Economic Analysis. This paper explores the role of retailers as an urban amenity. Using data for Swedish rural and city municipalities for 2002–08,…
European Economic Review
Sebastian Bervoets och Yves Zenou
We propose a dynastic model where individuals are born into an educated or uneducated environment that they inherit from their parents. We study the impact of social interactions on the correlation in parent-child educational status, independently of any parent-child…
Management Science
Ola Andersson, Marieke Huysentruyt, Topi Miettinen och Ute Stephan
We investigate the effects of organizational culture and personal values on performance under individual and team contest incentives. We develop a model of regard for others and in-group favoritism that predicts interaction effects between organizational values and…
Journal of Public Economics
Niclas Berggren, Henrik Jordahl och Panu Poutvaara
Since good-looking politicians win more votes, a beauty advantage for politicians on the left or on the right is bound to have political consequences. We show that politicians on the right look more beautiful in Europe, the United States and Australia. Our…
Journal of Air Transport Management
Simon Okwir, Pernilla Ulfvengren, Jannis Angelis, Felipe Ruiz och Yilsy Maria Núñez Guerrero
The purpose of this paper is to explore turnaround performance as a resultant from both Collaborative Decision Making (CDM) processes and collaborative measures. This paper presents how CDM operates in the Turnaround Process (TAP) to propose a new method for managing…
Journal of Urban Economics
Thierry Verdier och Yves Zenou
We develop a model where, in the first stage, minority individuals have to decide whether or not they want to assimilate to the majority culture while, in the second stage, all individuals (both from the majority and the minority group) embedded in a network have to…