Prosumers are becoming increasingly important in global energy consumption and production. We partner with an energy service provider in Sweden to explore the economics facing such agents by conducting a natural field experiment over a 32-month period. As a policy instrument, we explore how...

Focusing on the three Scandinavian countries, Denmark, Norway, and Sweden, Policy Learning from Canada is a systematic study of the international relevance of the Canadian immigration and integration policy model. To reveal how the Canadian immigration model has shaped the reform process in...

This textbook discusses the most important theories of internationalization, including Product Life-Cycle, Internalization, Location, International New Venture concepts, and others. These models are grounded to a considerable extent in the Transaction Cost Theory and the Resource-Based View as...

In studying the impact of industry on class organization, social scientists have assumed that the effects of technological advance increase with time and that, as technology molds, dehumanizes, and alienates workers, the pressure mounts to change the system through political action. William H....

This paper develops the nonparametric identification of models with production complementarities, worker-firm specific disutility of labor and search frictions. Mobility in the model is subject to preference shocks, and we assume that firms can write wage contracts. We develop a constructive...

Family background shapes individual outcomes throughout life. While the existing literature documents how the importance of family background, typically measured by the degree of sibling correlation in socioeconomic outcomes, varies across countries, less is known about heterogeneities across...

Main description: Commercial banks are among the oldest and most familiar financial institutions. When they work well, we hardly notice; when they do not, we rail against them. What are the historical forces that have shaped the modern banking system? In Unsettled Account, Richard Grossman takes...