Showing 1 - 10 of 63
The Swedish economy has developed rapidly since the mid-1990s relative to most comparable countries, in particular relative to almost all other EU-15 countries. We investigate two policy areas that are believed to have been important for the strong economic development in Sweden during the last...
Persistent link: https://www.econbiz.de/10010206764
-country differences in informal institutions, measured by social trust. We note a number of theoretical mechanisms that could imply that …
Persistent link: https://www.econbiz.de/10010403652
The idea that all types of economic freedom - including limited government - promote prosperity is challenged by the fact that some countries successfully combine a large public sector with high taxes and otherwise high levels of economic freedom. To explain the co-existence of economic freedom...
Persistent link: https://www.econbiz.de/10011943290
Evasive entrepreneurs innovate by circumventing or disrupting existing formal institutional frameworks by evading them. Since such evasions rarely go unnoticed, they usually lead to responses from lawmakers and regulators. We introduce a conceptual model to illustrate and map the interdependence...
Persistent link: https://www.econbiz.de/10011420647
One response to uncertainty and transactions costs in VC-finance is to compensate founders (and other key personnel) with stock options under complex contracts. Entrepreneurs are granted stock options contingent on firm performance, vesting and other criteria. While most countries tax stock...
Persistent link: https://www.econbiz.de/10011420651
that trigger migration. People may well want to stay in or move to relatively poor countries if institutions are good …, partly because good institutions have an intrinsic value for people and partly because good institutions may be a sign of … levels, we find that institutional quality matters significantly for migration. Poor institutions act as a push factor, while …
Persistent link: https://www.econbiz.de/10011305765
In some classes of models, taxes at the owner level are "neutral" and have no effect on firm activity. However, this tax neutrality is sensitive to assumptions and no longer holds in more complex models. We review recent research that incorporates greater complexity in studying the link between...
Persistent link: https://www.econbiz.de/10011343003
We explore the potential effects of the first leaders of Sub-Saharan Africa. We first outline a set of theoretical reasons for why leaders may matter particularly at the critical juncture of African independence and why this influence may be persistent. In an unbalanced panel from 40 African...
Persistent link: https://www.econbiz.de/10011346680
, who are renowned specialists in the area and with deep knowledge of the pertinent institutions in Sweden and the US. These … ; Institutions ; Firm growth ; Economic dynamism …
Persistent link: https://www.econbiz.de/10009666645
-employment. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment …
Persistent link: https://www.econbiz.de/10009721267