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It concludes by constructing a simple model in which knowledge flows slowly across national borders but moves easily within borders. We show there is a leadership-followership equilibrium, in which some countries are leaders, others are followers. Contrary to Solow's analysis, there need not be...
Persistent link: https://www.econbiz.de/10012458174
Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare to be higher in Scandinavian societies than in the United States. Why then does the United States not adopt Scandinavian-style institutions? More generally, in an interdependent...
Persistent link: https://www.econbiz.de/10012460215
Persistent link: https://www.econbiz.de/10000903664
governments or market institutions provide the services. Sweden and the United States are on opposite ends of this spectrum. After … compare the development of the social welfare institutions in the U.S. and Sweden in the 20th century …
Persistent link: https://www.econbiz.de/10013210094
All employment growth in Sweden since the early 1960's is attributable to labor market entry of women, working in local … public sector jobs that implement the Welfare State. Sweden has 'monetized' or 'nationalized' the family. Women are paid at … goods sector. Efficiency distortions of current child policies in Sweden may be as large as half of total expenditures on …
Persistent link: https://www.econbiz.de/10012473895
Sweden has a remarkable record in reducing inequality and virtually eliminating poverty. This paper shows that: 1 …) Sweden achieved its egalitarian income distribution and eliminated poverty largely because of its system of earnings and … Sweden is distinguished by a relatively egalitarian distribution of hours of work among those employed, which may be an …
Persistent link: https://www.econbiz.de/10012473954
Persistent link: https://www.econbiz.de/10013480792
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This paper explores the trade-off between incentive effects and administrative costs associated with the implementation of various environmental tax instruments, with special reference to carbon taxes. In a simple model, we show under what conditions it is optimal to use input rather than...
Persistent link: https://www.econbiz.de/10012471486
expenditures in the U.S. rank behind only Sweden. Add in the private spending, and per capita spending in the U.S. is higher than …
Persistent link: https://www.econbiz.de/10012462671