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The publication of János Kornai's memoirs, By Force of Thought, provides an excellent opportunity to remind ourselves of Kornai's great contributions to economic research. This paper discusses both his basic research strategy and some of his main research results. Kornai has usually dealt with...
Persistent link: https://www.econbiz.de/10010320068
-ups were 8-11 percent. We find some support for the hypothesis that the division of Sweden into price areas in 2011 increased …
Persistent link: https://www.econbiz.de/10012941143
Studies have shown that many consumers and businesses fail to invest in energy efficiency improvements despite seemingly ample financial incentives to do so – the so-called energy efficiency gap or paradox. Attempts to explain this gap often focus on searching costs, information frictions and...
Persistent link: https://www.econbiz.de/10013039628
power are installed. In this paper I use simple distributed lag models with data from Denmark and Norway. I find that … increased wind power in Denmark causes increased marginal exports to Norway and that this effect is larger during periods of net … southern Norway in the short run. Finally, I estimate that as much as 40 percent of wind power produced in Denmark is stored in …
Persistent link: https://www.econbiz.de/10014170294
I construct a model of public policy development, and use the model to explain why the United States has a comparatively small public sector, but instead a large "private welfare state" with employment-based benefits. The key factors are politically organized firms and labor unions. These...
Persistent link: https://www.econbiz.de/10014191309
Nordic historians have asserted for a long time that in the Nordic countries only few people, if any, perceived increased threats of war prior to the World War II outbreak. This would explain, and possibly excuse, why their governments did not mobilize their armies until it was too late. This...
Persistent link: https://www.econbiz.de/10010320043
This study presents new homogenous series of top income shares in Sweden over the period 1903-2004. We find that …. When included, Sweden's experience resembles that in the U.S. and the U.K. with sharp increases in top incomes. Excluding … capital gains, Sweden looks more like the continental European countries where top income shares have remained relatively …
Persistent link: https://www.econbiz.de/10010320074
We study the development of wealth concentration in Sweden over 130 years, from the beginning of industrialization …
Persistent link: https://www.econbiz.de/10010320172
Realized capital gains are typically disregarded in the study of income inequality. We show that in the case of Sweden … surge in capital gains-driven inequality in Sweden since the 1980s. While there are no evident changes in terms of who earns …
Persistent link: https://www.econbiz.de/10010320194
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/10010320218