Henrekson, Magnus; Jonung, Lars; Stymne, Joakim - C.E.P.R. Discussion Papers - 1994
We examine the growth performance of Sweden in the post-World War II period, focusing on explaining the relative … decline of economic growth in Sweden since the early 1970's. The hypothesis that the relative decline is a consequence of … suggests that the incentive structure created by `the Swedish model' made Sweden less successful in adapting to the shocks of …