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% of personal taxes are evaded in Scandinavia, but this figure rises to close to 30% in the top 0.01% of the wealth …
Persistent link: https://www.econbiz.de/10012948071
Scandinavia recorded very high growth rates between 1870 and 1914, catching up with the leaders. This paper estimates …
Persistent link: https://www.econbiz.de/10013222911
The extent of social expenditures in the U.S. and the Nordic Countries is compared in the early 1900s and again in the early 2000s. The common view that America spends much less on social welfare than the Nordic countries does not survive closer inspection when we consider the differences in the...
Persistent link: https://www.econbiz.de/10013143468
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
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
worked and tax rates in three sets of economies: the US, Continental Europe and Scandinavia. While tax rates are highest in … Scandinavia, hours worked in Scandinavia are significantly higher than they are in Continental Europe. I argue that differences in …
Persistent link: https://www.econbiz.de/10012760398
This paper explores the trade-off between incentive effects and administrative costs associated with the implementation of various environmental tax instruments, with special reference to carbon taxes. In a simple model, we show under what conditions it is optimal to use input rather than...
Persistent link: https://www.econbiz.de/10013294690
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
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
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 …-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …
Persistent link: https://www.econbiz.de/10012980187