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This paper empirically tests the hypothesis that landed elites may block technological change and economic development if they fear that they will lose future political power (Acemoglu and Robinson (2002, 2006, and 2012). It exploits a plausible exogenous change in the distribution of political...
Persistent link: https://www.econbiz.de/10012953397
Since the mid-1990s value added has grown faster in the Swedish business sector than in most other OECD countries. We investigate the association between information and communications technology (ICT) and research and development (R&D) capital and value added in the Swedish non-farm business...
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explanation for Sweden's weak performance with respect to market work activity highlights the role of high tax rates on labor …
Persistent link: https://www.econbiz.de/10014225048
We analyze the rate of formation, the characteristics, and the performance of different types of new firms in Sweden … over a decade. Comparisons to Denmark, Brazil, and the U.S. suggest that the environment for new firm formation in Sweden …
Persistent link: https://www.econbiz.de/10013110907
In this paper, we ask under what conditions norms can enhance welfare by mitigating moral hazard in income insurance … social norms and internalized norms. We study how optimal insurance arrangements, the behavior of insured individuals, and …
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strong economic development in Sweden during the last two decades, namely product market reforms and incentives to innovate …
Persistent link: https://www.econbiz.de/10010335613