Thirty years ago, new institutional theory challenged the then dominant functionalist explanations of organizational behavior by pointing to the role of meaning in the production and reproduction of organizational practices (Meyer & Rowan, 1977; Meyer & Scott, 1983). But new institutional theory was...

Thirty years ago, new institutional theory challenged the then dominant functionalist explanations of organizational behavior by pointing to the role of meaning in the production and reproduction of organizational practices (Meyer & Rowan, 1977; Meyer & Scott, 1983). But new institutional theory was...

Regulating discrimination: the paradox of a weak state -- Washington outlaws discrimination with a broad brush -- The end of Jim Crow: the personnel arsenal put to new purposes -- Washington means business: personnel experts fashion a system of compliance -- Fighting bias with bureaucracy -- The...

Economic sociology is a rapidly expanding field, applying sociology's core insight--that individuals behave according to scripts that are tied to social roles--to economic behavior. It places homo economicus (that tried-and-true fictive actor who is completely rational, acts only out of...

This paper discusses the natural real rate, why and how it reflects the stance of monetary policy, and what can happen if it turns negative; make monetary policy ineffective, which in a situation with a negative output gap can lead to a long period of low growth - secular stagnation. Denmark as a...

This working paper documents an econometric model for detecting turning points in the Danish economy in real time. The model is a mixedfrequency model using both monthly and quarterly data, which can be estimated on an unbalanced panel of data and be updated immediately as data comes through....