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Leaders and Followers : Perspectives on the Nordic Model and the Economics of Innovation
Stiglitz, Joseph E. - 2014
This paper is an exercise in comparative institutional analysis, asking what kinds of arrangements most facilitate innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may be particularly conducive to innovation, and...
Persistent link: https://www.econbiz.de/10013047034
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Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World
Acemoglu, Daron; Robinson, James A.; Verdier, Thierry - 2012
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/10013099537
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Public Employment, Taxes and the Welfare State in Sweden
Rosen, Sherwin - 2021
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/10013243939
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Generating Equality and Eliminating Poverty, the Swedish Way
Bjorklund, Anders; Freeman, Richard B. - 2022
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/10013309574
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Taxation and Market Work : Is Scandinavia an Outlier?
Rogerson, Richard - 2010
This paper argues that it is essential to explicitly consider how the government spends tax revenues when assessing the effects of tax rates on aggregate hours of market work. Different forms of government spending imply different elasticities of hours of work with regard to tax rates. I...
Persistent link: https://www.econbiz.de/10012760398
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Open Economy Forces and Late 19th Century Scandinavian Catch-Up
O'Rourke, Kevin H.; Williamson, Jeffrey G. - 2021
Scandinavia recorded very high growth rates between 1870 and 1914, catching up with the leaders. This paper estimates that about two-thirds of the Scandinavian catching up on Britain was due to the open economy forces of global factor and commodity market integration. All of the Scandinavian...
Persistent link: https://www.econbiz.de/10013222911
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Policy vs. Consumer Pressure : Innovation and Diffusion of Alternative Bleaching Technologies in the Pulp Industry
Popp, David - 2012
In the late 1980s and early 1990s, concern over dioxin in both paper products and wastewater led to the development of techniques that reduced the use of chlorine in the pulp industry. Both regulatory and consumer pressure motivated this change. We use patent data to examine the evolution of two...
Persistent link: https://www.econbiz.de/10012755323
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Health and Nutrition in the Preindustrial Era : Insights from a Millennium of Average Heights in Northern Europe
Steckel, Richard H. - 2022
This essay places the debate over human welfare during industrialization in the context of very long-term economic developments by examining an important aspect of living standards--health and nutrition--since the Middle Ages. I use average stature determined from military records along with a...
Persistent link: https://www.econbiz.de/10013322305
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Fixed Exchange Rates as a Means to Price Stability : What Have We Learned
Svensson, Lars E. O. - 2022
The paper discusses what we have learned from last year's currency crises in ERM and the Nordic countries about fixed exchange rates as a means to achieve price stability. After discussing the explanations for the crises, the paper concludes that fixed exchange rates are not a shortcut to price...
Persistent link: https://www.econbiz.de/10013323562
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Tax Evasion and Inequality
Alstadsæter, Annette - 2017
—HSBC Switzerland (“Swiss leaks”) and Mossack Fonseca (“Panama Papers”)—matched to population-wide wealth records in Norway, Sweden, and …
Persistent link: https://www.econbiz.de/10012948071