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This paper models the interaction between individuals' identity choices and redistribution. Both redistributive policies and identity choices are endogenous, and there might be multiple equilibria. The model is applied to ethnicity and social class. In an equilibrium with high taxes, the poor...
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Billions of euros are allocated every year to university research. Increased specialisation and international integration of research and researchers has sharply raised the need for comparisons of performance across fields, institutions and individual researchers. However, there is still no...
Persistent link: https://www.econbiz.de/10003651425
The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and competition. The model is built on the assumption of a product market and has not yet been empirically tested on service-sector firms. Using detailed firm-level data, we find the...
Persistent link: https://www.econbiz.de/10003766821
This study presents new homogenous series of top income shares in Sweden over the period 1903 to 2004. We find that … included or not. Including them, Sweden’s experience resembles that in the U.S. and the U.K. with sharp increases in top … incomes, whereas excluding them Sweden looks more like the Continental European countries where top income shares have …
Persistent link: https://www.econbiz.de/10003307327
political behavior. This study uses a compulsory amalgamation reform of municipalities in Sweden to test for such behavior. The …
Persistent link: https://www.econbiz.de/10003319347
We report evidence that salience may have economically significant effects on homeowners' borrowing behavior, through a bias in favour of less salient but more costly loans. We outline a simple model in which some consumers are biased. Under plausible assumptions, the bias may affect prices in...
Persistent link: https://www.econbiz.de/10003833830
In this note, I examine how the responsiveness of the Swedish public budget to business-cycle conditions has developed between 1998 and 2009. I document substantial changes in three components behind the budget elasticity: (i) the average level of personal income taxes has fallen substantially,...
Persistent link: https://www.econbiz.de/10003833832