Journal Articles 2020–
Applied Economics Letters
Ethnic Discrimination in Contacts with Public Authorities: A Correspondence Test Among Swedish Municipalities
We present a field experiment conducted in order to explore the existence of ethnic discrimination in contact with public authorities. Two fictitious parents, one with a Swedish-sounding name and one wi…
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Public Choice
Why Do Military Dictatorships Become Presidential Democracies? Mapping the Democratic Interests of Autocratic Regimes
Recent data show that virtually all military dictatorships that democratize become presidential democracies. I hypothesize that the reason is that military interests are able to coordinate on status-p…
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Environment and Planning A: Economy and Space
Disentangling the Brexit Vote: The Role of Economic, Social and Cultural Contexts in Explaining the UK's EU Referendum Vote
A large number of studies have analysed the role of individual and geographical determinants of voting behaviour in the context of the recent EU referendum in the UK, but several questions remain. A k…
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Contemporary Economic Policy
Does Big Government Hurt Growth Less in High–Trust Countries?
Social trust is linked to both public sector size and to economic growth, thereby helping to explain how some countries combine high taxes with high levels of economic growth. This paper examines if s…
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American Economic Review
Importing Political Polarization? The Electoral Consequences of Rising Trade Exposure
Has rising import competition contributed to the polarization of US politics? Analyzing multiple measures of political expression and results of congressional and presidential elections spanning the p…
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European Economic Review
Delegation of Investment Decisions, and Optimal Remuneration of Agents
We analyze an investor who delegates information acquisition and investment decisions to an agent. The investor cannot monitor the agent’s effort or information. Optimal pay schemes contain bonuses th…
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Science and Public Policy
Evaluation Criteria versus Firm Characteristics as Determinants of Public R&D Funding
This study provides new empirical evidence regarding the relevance of evaluation criteria and firm characteristics for public R&D funding decisions. The database used contains both accepted and rej…
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Journal of Education Policy
Marketized Education: How Regulatory Failure Undermined the Swedish School System
In a radical school choice reform in 1992, Sweden’s education system was opened to private competition from independent forprofit and non-profit schools funded by vouchers. Competition was expected to p…
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Journal of Industry, Competition and Trade
Subsidy Entrepreneurs: an Inquiry into Firms Seeking Public Grants
This paper studies the incentives and characteristics of firms that apply for, and eventually receive, one or multiple governmental grants intended to stimulate innovation and growth. The analysis dep…
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Journal of Agricultural Economics
Farm Size, Technology Adoption and Agricultural Trade Reform: Evidence from Canada
Using detailed census data covering over 30,000 farms in Alberta, Saskatchewan and Manitoba, Canada, we document the vast and increasing farm size heterogeneity, and analyse the role of farm size in a…
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Journal of Economic Inequality
Tax Progressivity and Top Incomes Evidence from Tax Reforms
We study the link between tax progressivity and top income shares. Using variation from Western tax reforms in the 1980s and 1990s and synthetic control method estimation, we find that reductions in t…
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Research Policy
The Importance of Tacit Knowledge: Dynamic Inventor Activity in the Commercialization Phase
Inventors generally know more about their inventions than what is written down in patent applications. Because they possess this tacit knowledge, inventors may need to play an active role when patents…
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Journal of Economic Surveys
How Should Capital be Taxed?
This survey discusses how capital should be taxed in advanced economies. We review the theoretical optimal tax literature, survey empirical studies on the distribution of capital and the distortionary…
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RAND Journal of Economics
Word–of–Mouth Communication and Search
We develop a word‐of‐mouth search model where information flows from the old to the new generation for an experience good with unknown quality. We study the features of the social network that determi…
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Energy Journal
Optimal Capacity Mechanisms for Competitive Electricity Markets
Capacity mechanisms are increasingly used in electricity market design around the world yet their role remains hotly debated. This paper introduces a new benchmark model of a capacity mechanism in a c…
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Economics of Education Review
The Impact of Banning Mobile Phones in Swedish Secondary Schools
Recently, policy makers worldwide have suggested and passed legislation to ban mobile phone use in schools. The influential (and only quantitative) evaluation by Beland and Murphy (2016), suggests tha…
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Kyklos
Migrants and Life Satisfaction: The Role of the Country of Origin and the Country of Residence
We investigate how the life satisfaction of migrants is affected by life satisfaction in their background country and in their new country of residence. In particular, we contribute to the literature…
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Journal of Institutional Economics
Collaborative Innovation Blocs and Antifragility
We present the theory of the collaborative innovation bloc (CIB), an evolving system of innovation within which activity takes place over time. We show how the application of the CIB perspective can h…
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Electric Power Systems Research
Simulation and Evaluation of Zonal Electricity Market Designs
Zonal pricing with countertrading (a market-based redispatch) gives arbitrage opportunities to the power producers located in the export-constrained nodes. They can increase their profit by increasing…
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European Economic Review
Globalization, the Jobs Ladder and Economic Mobility
Globalization affects the mix of jobs available in an economy and the rate at which workers gain skills. We develop a model in which firms differ in terms of productivity and workers differ in skills,…
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Politics
Practice Makes Voters? Effects of Student Mock Elections on Turnout
Student mock elections are conducted in schools around the world in an effort to increase political interest and efficacy among students. There is, however, a lack of research on whether mock election…
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Entrepreneurship Theory and Practice
Measuring Entrepreneurship: Do Established Metrics Capture Schumpeterian Entrepreneurship?
We compile four hand-collected measures of high-impact Schumpeterian entrepreneurship (venture capital-funded IPOs, self-made billionaire entrepreneurs, unicorn start-ups, and young top global firms f…
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Journal of Economic Behavior & Organization
The Entitlement Effect in the Ultimatum Game – Does it Even Exist?
Since the seminal paper of Hoffman et al. (1994), an entitlement effect is believed to exist in the Ultimatum Game, in the sense that proposers who have earned their role (as opposed to having it rand…
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Review of Economic Studies
Poor Little Rich Kids? The Role of Nature versus Nurture in Wealth and Other Economic Outcomes and Behaviors
Wealth is highly correlated between parents and their children; however, little is known about the extent to which these relationships are genetic or determined by environmental factors. We use admini…
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Applied Economics Letters
Gender Grading Bias in Junior High School Mathematics
Admission to high school in Sweden is based on the final grades from junior high. This article compares students’ final mathematics grade with new data from a high school introductory test score in math…
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European Review of Agricultural Economics
Measuring the Impact of Agricultural Production Shocks on International Trade Flows
The purpose of this study is to measure the sensitivity of traded quantities and trade unit values to agricultural production shocks. We develop a general equilibrium model of trade in which productio…
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Journal of the European Economic Association
Inherited Wealth over the Path of Development: Sweden, 1810–2016
We estimate the importance of inherited wealth in Sweden over the past 200 years. Inheritance is measured both as the annual inheritance flow divided by national income and as the share of inherited w…
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Journal of Labor Research
Sexual Orientation and Job Satisfaction: Survey–Based Evidence from Sweden
We present results from a unique nationwide survey conducted in Sweden on sexual orientation and job satisfaction. Our results show that gay men are more likely to be very satisfied with their job tha…
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Industry and Innovation
Agglomeration and Innovation of Knowledge Intensive Business Services
For some time now, the research focusing on Knowledge Intensive Business Services (KIBS) has been very active. Observing that knowledge as a production factor is only becoming more and more pronounced…
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Scandinavian Economic History Review
The Rise and Decline of Industrial Foundations as Controlling Owners of Swedish Listed Firms: The Role of Tax Incentives
Beginning in the interwar period, industrial foundations became a vehicle for corporate control of large listed firms in Sweden. In the 1990s they were replaced by wealthy individuals who either direct…
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International Economic Review
Renovatio Monetae: When Gesell Taxes Worked
Gesell taxes on money have recently received attention as a way of alleviating the zero lower bound on interest rates. Less known is that such taxes generated seigniorage in medieval Europe for around…
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Journal of Public Economics
Deathbed Tax Planning
We estimate the extent of inheritance tax avoidance among married decedents in Sweden. Following Kopczuk (2007), we compare estates of decedents who pass away from terminal illness and those of decede…
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Applied Economics
Social Assistance and Mental Health: Evidence from Longitudinal Administrative Data on Pharmaceutical Consumption
This paper adds to the small literature on the role of welfare benefits and mental health by studying the relationship between uptake of Social Assistance Benefit (SAB) and objective mental health measu…
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Journal of Conflict Resolution
When Does Terror Induce a State of Emergency? And What Are the Effects?
The relationship between terrorist activities and states of emergency has never been explored in a cross-country perspective. This article is a first step to change that. Given that a terror act has b…
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Scandinavian Journal of Economics
Risking Other People's Money: Experimental Evidence on the Role of Incentives and Personality Traits
Decision-makers often face incentives to increase risk-taking on behalf of others (e.g., they are offered bonus contracts and contracts based on relative performance). We conduct an experimental study…
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Economics Letters
Digitization–Based Automation and Occupational Dynamics
We examine the relationship between occupational automation probabilities and employment dynamics over nearly two decades. We show that employment and wage shares of occupations with a higher automati…
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Review of International Organizations
Regime Types and Regime Change: A New Dataset on Democracy, Coups, and Political Institutions
Social scientists have created a variety of datasets in recent years that quantify political regimes, but these often provide little data on phases of regime transitions. Our aim is to contribute to f…
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European Journal of Law and Economics
Securing Personal Freedom through Institutions: The Role of Electoral Democracy and Judicial Independence
We investigate empirically how electoral democracy and judicial independence relate to personal freedom. While judicial independence is positively and robustly related to personal freedom in all its f…
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Economic Journal
Friendship and Female Education: Evidence from a Field Experiment in Bangladeshi Primary Schools
We randomly assigned 115 primary schools in Bangladesh to one of two settings: children studying in groups with friends and children studying in groups with peers. The groups consisted of four people…
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Energy Journal
Effects of Privatization on Price and Labor Efficiency: The Swedish Electricity Distribution Sector
I examine the effects of privatization, in the form of acquisitions, in the Swedish electricity distribution sector. As the majority of the distribution networks have remained publicly owned, I use a…
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JAMA Network Open
Association Between Lottery Prize Size and Self–reported Health Habits in Swedish Lottery Players
In this study of Swedish lottery players, unearned wealth from random lottery prize winnings was not associated with subsequent healthy lifestyle factors or overall health. The findings suggest that l…
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Review of Economics of the Household
Self–Employed Immigrants and their Employees: Evidence from Swedish Employer–Employee Data
We present a study of the employees of self-employed immigrants with unincorporated firms in Sweden using matched employer-employee data from 2014. Non-European immigrants are more likely than natives…
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Economics & Politics
Can Social Spending Cushion the Inequality Effect of Globalization?
This paper examines whether social spending cushions the effect of globalization on within‐country inequality. Using information on disposable and market income inequality and data on overall social s…
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Canadian Journal of Agricultural Economics
State Trading Deregulation and Prairie Durum Wheat Production
We estimate the impact of the 2012 removal of the Canadian Wheat Board’s (CWB) single-desk on the spatial pattern of durum wheat acres in Western Canada. We analyze changes in durum seeded acres with…
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Organization Science
The Impact of Overconfidence and Ambiguity Attitude on Market Entry
We study the behavioral drivers of market entry. An experiment allows us to disentangle the impact on entry across different types of markets of two key behavioral mechanisms: overconfidence and attit…
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B.E. Journal of Economic Analysis & Policy
Acquisitions for Sleep
Within the policy debate, there is a fear that large incumbent firms buy small firms’ inventions to ensure that they are not used in the market. We show that such “acquisitions for sleep” can occur if…
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Journal of Institutional Economics
Hayekian Welfare States: Explaining the Coexistence of Economic Freedom and Big Government
To explain the coexistence of economic freedom and big government, this paper distinguishes between big government in the fiscal sense of requiring high taxes, and big government in the Hayekian sense…
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Journal of Economic Behavior & Organization
Corruption, Judicial Accountability and Inequality: Unfair Procedures May Benefit the Worst–Off
We ask whether, as many seem to think, corruption worsens, and judicial accountability improves, inequality, and investigate this empirically using data from 145 countries 1960–2014. We relate perceiv…
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Economics Letters
Compete with Others? No, Thanks. with Myself? Yes, Please!
We study the willingness to compete against self and others in an experiment with over 650 participants, using a modified version of the Niederle and Vesterlund (2007) design. We show that introducing…
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Journal of the European Economic Association
Mothers, Peers, and Gender–Role Identity
We study whether a woman’s labor supply as a young adult is shaped by the work behavior of her adolescent peers’ mothers. Using detailed information on a sample of U.S. teenagers who are followed over…
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PLoS ONE
Well–Being and Entrepreneurship: Using Establishment Size to Identify Treatment Effects and Transmission Mechanisms
Using data from the European Value Survey, covering more than 300,000 respondents in 32 countries between 2002 and 2012, we offer new insight into the consequences for subjective well-being of self-em…
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Review of Financial Studies
Career Risk and Market Discipline in Asset Management
We establish that the labor market helps discipline asset managers via the impact of fund liquidations on their careers. Using hand-collected data on 1,948 professionals, we find that top managers wor…
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IZA World of Labor
How Labor Market Institutions Affect Job Creation and Productivity Growth – An Update
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…
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Journal of Political Economy
Social Insurance and the Marriage Market
Social insurance is often linked to marriage. Existing evidence suggests small marital responses to financial incentives and stems from settings where benefits are realized in the near future. I analy…
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Economic Inquiry
Grind or Gamble? An Experiment on Effort and Spread Seeking in Contests
We conduct a contest experiment to study if spread seeking and effort can be managed when participants can invest in increasing both the mean and the spread of an uncertain performance variable. Subje…
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Political Science Research and Methods
Maps in People’s Heads: Assessing a New Measure of Context
To understand the relationship between place and politics, we must measure both political attitudes and the ways in which place is represented in the minds of individuals. In this paper, we assess a n…
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Journal of Economic Theory
Social Norms in Networks
Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this study, we develop a social-norm model that provides a…
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International Journal of Industrial Organization
Cournot Competition in Wholesale Electricity Markets: The Nordic Power Exchange, Nord Pool
Horizontal shifts in bid curves observed in wholesale electricity markets are consistent with Cournot competition. Quantity competition reduces the informational requirements associated with evaluatin…
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Journal of Financial Intermediation
Credit Ratings and Structured Finance
The poor performance of credit ratings of structured finance products in the financial crisis has prompted investigation into the role of credit rating agencies (CRAs) in designing and marketing these…
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North American Journal of Economics and Finance
Should We Worry about the Decline of the Public Corporation? A Brief Survey of the Economics and External Effects of the Stock Market
In recent years, the number of listed companies has been declining in many countries across the world. This paper provides a selective survey of the literature on the real economic effects of the stoc…
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CESifo Forum
Chinese Aid to Africa: Distinguishing Features and Local Effects
The global economic landscape has changed dramatically since the turn of the millennium: low and middle income countries have been driving global economic growth, new sources of development finance ha…
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International Review of Entrepreneurship
When Less Is More: Why Limited Entrepreneurship Education May Result in Better Entrepreneurial Outcomes
Entrepreneurship research suggests that entrepreneurship education and training can bridge the gender gap in entrepreneurship, but little empirical research exists assessing the validity and impact of…
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International Organization
Chinese Aid and Local Ethnic Identification
Recent empirical evidence suggests that Chinese development finance may be particularly prone to elite capture and patronage spending. If aid ends up in the pockets of political elites and their ethno…
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Statsvetenskaplig tidskrift
Political Hedgehogs: The Geographical Sorting of Refugees in Sweden
In sharp contrast to how admitted refugees are being placed in comparable European countries, refugees in Sweden have been disproportionately placed in peripheral and rural areas with high unemploymen…
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Journal of Finance
What Is a Patent Worth? Evidence from the U.S. Patent 'Lottery'
We provide evidence on the value of patents to startups by leveraging the quasi‐random assignment of applications to examiners with different propensities to grant patents. Using unique data on all fi…
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Financial Management
The Investment Behavior of Buyout Funds: Theory and Evidence
We analyze the determinants of buyout funds’ investment decisions. We argue that when there is imperfect competition for private equity funds, the timing of funds’ investment decisions, their risk‐tak…
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