Articles and Book Chapters in English
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…
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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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Asian Economic Papers
Navigating the New Normal: The European Union's Changing Stance on Globalization in the Era of Trade Conflicts
The European Union (EU) is becoming more inward looking and more hesitant towards globalization. This paper examines recent transformations in EU's economic policies, with a focus on international tra…
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Moonshots and the New Industrial Policy
Moonshots and the New Industrial Policy: Questioning the Mission Economy
The notion that society should be organized around large so-called missions has gained momentum in public debate, and the reemergence of active industrial policy across the world has been inspired by…
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Moonshots and the New Industrial Policy
Learning from Overrated Mission-Oriented Innovation Policies: Seven Takeaways
This chapter 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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Moonshots and the New Industrial Policy
R&D Tax Incentives as an Alternative to Targeted R&D Subsidies
Governments can provide targeted R&D subsidies and/or tax incentives to spur innovation and growth in the business sector. This chapter analyzes the theoretical pros and cons of these policy instr…
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Moonshots and the New Industrial Policy
Bottom-Up Policies Trump Top-Down Missions
Mission-oriented innovation policies are becoming increasingly popular among policymakers and scholars. We maintain that these policies are based on an overly mechanistic view of innovation and econom…
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Telecommunications Policy
How Is Mobile Broadband Intensity Affecting CO2 Emissions? – A Macro Analysis
This paper investigates the association between relative mobile broadband penetration (i.e. mobile broadband connections in total mobile connections) and carbon dioxide (CO2) emissions globally. The s…
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Entrepreneurship Theory and Practice
To Be or Not to Be: The Entrepreneur in Neo-Schumpeterian Growth Theory
Based on a review of 700+ peer-reviewed articles since 1990, identified using text mining methodology and supervised machine learning, we analyze how neo-Schumpeterian growth theorists relate to the e…
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International Tax and Public Finance
The Impact of COVID-19 on Economic Activity: Evidence from Administrative Tax Registers
We use population-wide tax register data to document the impact of the COVID-19 pandemic on firm sales, tax revenues, and sick pay in Sweden. The pandemic impact is identified using within-year, betwe…
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Economics & Politics
Vox Populi, Vox Dei? Tacit Collusion in Politics
We study competition between political parties in repeated elections with probabilistic voting, allowing a multidimensional policy space and multiple political parties. This model entails multiple equ…
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Kyklos
Misrepresentation and Migration
In a representative democracy politicians should either implement policies that voters want or policies that politicians believe are in voters long-term interest, even if voters currently oppose them.…
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Journal of Optimization Theory and Applications
On the Curvature of Homogeneous Function
Consider a quasiconcave, upper semicontinuous and homogeneous of degree $\gamma$ function $f$. This paper shows that the reciprocal of the degree of homogeneity, $1/\gamma$, can be interpreted as a me…
Journal Article
Oxford Review of Economic Policy
Taxing the Wealthy: The Choice Between Wealth and Capital Income Taxation
This paper analyses the relative merits of wealth and capital income taxes as instruments for taxing the rich. The main rationale for a wealth tax is to address the incompleteness of the tax code in t…
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Entrepreneurship Theory and Practice
Entrepreneurship and Regulatory Voids: The Case of Ridesharing
We document the time it took for ridesharing to become legalized at the state level across the United States following its local (and often illegal) rollout. States with greater regulatory freedom pas…
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Economics of Innovation and New Technology
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…
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Journal of Economic Inequality
COVID-19 and Income Inequality: Evidence from Monthly Population Registers
We measure the distributional impact of the COVID-19 pandemic using newly released population register data in Sweden. Monthly earnings inequality increased during the pandemic, and the key driver is…
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Journal of Evolutionary Economics
The Evolution of Owner-Entrepreneurs’ Taxation: Five Tax Regimes over a 160-Year Period
The institutional literature suggests that long-term tax incentives are crucial for entrepreneurs, but studies on this topic are hampered by theoretical and empirical problems related to how to define…
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Small Business Economics
Saras Sarasvathy: Recipient of the 2022 Global Award for Entrepreneurship Research
Professor Saras Sarasvathy is the recipient of the 2022 Global Award for Entrepreneurship Research. Her research contributions have fundamentally changed and invigorated the conversation in the domain…
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Independent Review
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…
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International Migration Review
Where Would Ukrainian Refugees Go if They Could Go Anywhere?
We present estimates of the number of refugees expected to flee Ukraine and to which countries they are expected to migrate based on migration preferences data from the Gallup World Poll (GWP). This i…
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Asian Economic Papers
The Belt and Road Initiative: Economic Causes and Effects
Chinese investment abroad has grown significantly in connection with the Belt and Road Initiative. This article tries to answer two questions: first, what considerations gave birth to the BRI? And sec…
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Review of Economics and Statistics
Making a Market: Infrastructure, Integration and the Rise of Innovation
We exploit exogenous variation arising from the historical rollout of the Swedish railroad network across municipalities to identify the impacts of improved transport infrastructure on innovative acti…
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Volume III: Banking, Bonds, National Wealth, and Stockholm House Prices, 1420–2020
Introduction to Historical Monetary and Financial Statistics for Sweden, Volume III
This book is the third volume in the research project coordinated by Sveriges Riksbank, Historical Monetary and Financial Statistics for Sweden. The first volume, published in 2010, dealt with exchang…
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Volume III: Banking, Bonds, National Wealth, and Stockholm House Prices, 1420–2020
The Swedish Bond Market, 1835–2020
Bonds play a major role in government and corporate finance and have done so for several centuries. The bond market consists of two parts. In the primary bond market, states, local governments and pri…
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Volume III: Banking, Bonds, National Wealth, and Stockholm House Prices, 1420–2020
The National Wealth of Sweden, 1810–2020
This chapter presents the evolution of national wealth in Sweden from 1810 to 2020. The historical period spans agricultural and industrial eras as well as the postwar emergence of a globalized servic…
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American Economic Review: Insights
A Taste of Their Own Medicine: Guideline Adherence and Access to Expertise
We use population administrative data from Sweden to study adherence to 63 medication-related guidelines. We compare the adherence of patients without personal access to medical expertise to the adher…
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