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Globalisation and the Slope of the Phillips Curve
Kohlscheen, Emanuel; Moessner, Richhild - 2021
We study the effects of globalisation on the slope of the New Keynesian Phillips curve for CPI inflation, based on a broad panel of 35 countries and controlling for possibly non-linear exchange rate effects. We find that the output gap generally has a significant positive effect on inflation,...
Persistent link: https://www.econbiz.de/10013322779
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Dynastic Human Capital, Inequality and Intergenerational Mobility
Adermon, Adrian - 2019
We study the importance of the extended family – the dynasty – for the persistence in inequality across generations. We use data including the entire Swedish population, linking four generations. This data structure enables us to identify parents’ siblings and cousins, their spouses, and...
Persistent link: https://www.econbiz.de/10012871027
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Animal Welfare, Moral Consumers and the Optimal Regulation of Animal Food Production
Eichner, Thomas; Runkel, Marco - 2022
Within a general equilibrium model, this paper identifies a novel animal welfare externality that occurs if the private animal friendliness in a market economy falls short of the social animal friendliness used by the social planner when determining the efficient allocation. The animal welfare...
Persistent link: https://www.econbiz.de/10014264451
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Please Bring Me the New York Times - On the European Roots of Richard Abel Musgrave
Sinn, Hans-Werner - 2021
Richard Musgrave was one of the around 200 academic economists who emigrated from Germany when Fascism came to dominate the country. This memorial lecture traces the German and European roots of Richard Musgrave's oeuvre, trying to shed light on his family background as well as on the political...
Persistent link: https://www.econbiz.de/10013316948
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Informal benchmarks as a source of regulatory threat in unregulated utility sectors
Söderberg, Magnus - 2010
This paper investigates to what extent unregulated local monopolies attempt not to evoke the introduction of a formal price regulation by conforming to customers' and authorities' expectations. It is argued that utilities can meet expectations by setting prices that imitate neighbours' prices....
Persistent link: https://www.econbiz.de/10010266107
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The impact of pharmaceutical innovation on longevity and medical expenditure in Sweden, 1997-2010: Evidence from longitudinal, disease-level data
Lichtenberg, Frank; Pettersson, Billie - 2012
expenditure in Sweden, where mean age at death increased by 1.88 years during the period 1997-2010. Pharmaceutical innovation is … utilization in Sweden, so the cost per life-year gained from the introduction of new drugs was quite low. …
Persistent link: https://www.econbiz.de/10010283600
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O Brother, Where Start Thou? Sibling Spillovers on College and Major Choice in Four Countries
Altmejd, Adam - 2020
options, we present evidence from the United States, Chile, Sweden and Croatia that older siblings' college and major choices …
Persistent link: https://www.econbiz.de/10012833743
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Immigration and Worker-Firm Matching
Orefice, Gianluca - 2020
The process of matching between firms and workers is an important mechanism in determining the distribution of wages. In a labor market characterised by large dispersion of workers' productivity and worker-firm complementarity, high quality firms have strong incentives to screen for the quality...
Persistent link: https://www.econbiz.de/10012838239
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Labor Market Effects of COVID-19 in Sweden and its Neighbors : Evidence from Novel Administrative Data
Juranek, Steffen - 2020
'), Sweden decided for much lighter restrictions. Empirically, we use novel administrative data on weekly new unemployment and … furlough spells from all 56 regions of the Nordic countries to compare the labor market outcomes of Sweden with the ones of its … neighbors. Our evidence suggests that the labor markets of all countries were severely hit by the pandemic, although Sweden …
Persistent link: https://www.econbiz.de/10012825995
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Long-Run Returns to Field Study in Secondary School
Dahl, Gordon B. - 2020
of study, but also an accounting of individuals' next-best alternatives. Our setting is Sweden, where at the end of ninth …
Persistent link: https://www.econbiz.de/10012826007