It has long been argued that trade restrictions can be motivated by insurance considerations in the absence of full risk diversification. Recent theoretical research suggests that markets for risk can alleviate resistance to reform and protectionist lobby group pressure. We empirically address...

This paper studies whether the degree of female representation in Swedish local councils <p> affects local public expenditure patterns. Theoretically, the individual preferences of elected <p> representatives may impact public expenditure if full policy commitment is not feasible. To <p> empirically...</p></p></p>

The role of school principals largely resembles that of corporate managers and the leadership they provide are often viewed as a crucial component for educational success. We estimate the impact of individual principals on various schooling outcomes, by constructing a principal-school panel data...

This paper examines the long-run determinants of the evolution of top income shares. Using a newly assembled panel of 16 developed countries over the entire twentieth century, we find that financial development disproportionately boosts top incomes. This effect appears to be particularly strong...

This paper analyzes if privatization of vocational rehabilitation can improve labor market opportunities for individuals on long-term sickness absence. We use a field experiment performed by the Employment Service and the Social Insurance Agency in Sweden during 2008 to 2010, in which over 4,000...

We explore gender differences in preferences related to altruism, fairness, cooperation, trust, coordination, risk and competitiveness in an experiment with a large random sample of the Swedish population. In addition to a baseline treatment, we have treatments where participants are primed with...

In this brief comment, we return to the question raised in Dahlberg, Edmark and Lundqvist (2012) concerning a causal relationship between ethnic diversity and preferences for redistribution. A re-analysis of their study indicates that the results are based on a severe sample selection bias and...

The purpose of this paper is to follow the development of the Swedish gender <p> earnings gap through the 1980s and 1990s. We follow the changes in the wage <p> gap and in factors to which it can be related, step-by-step, and year-by- <p> year. This is done by analysing cross sectional data from...</p></p></p>

Johan Åkerman and Erik Dahmén’s structural theory of economic fluctuations is a constructive alternative to traditional macroeconomic approaches and also to modern business-cycle models based on micro economic concepts. There are similarities between Åkerman and Dahmén’s theory and...

Canzoneri and Diba (2004) show that the Taylor principle is not a panacea for equilibrium determinacy in a model where bonds and money provide liquidity services to households. We consider a cashless variant of their model with two types of government bonds. One bond provides transaction...