Articles and Book Chapters in English
Journal of Public Economics
Deathbed Tax Planning
We estimate the extent of inheritance tax avoidance among married decedents in Sweden. Following Kopczuk (2007), we compare estates of decedents who pass away from terminal illness and those of decede…
Journal Article
Scandinavian Journal of Economics
Risking Other People's Money: Experimental Evidence on the Role of Incentives and Personality Traits
Decision-makers often face incentives to increase risk-taking on behalf of others (e.g., they are offered bonus contracts and contracts based on relative performance). We conduct an experimental study…
Journal Article
Economics Letters
Digitization–Based Automation and Occupational Dynamics
We examine the relationship between occupational automation probabilities and employment dynamics over nearly two decades. We show that employment and wage shares of occupations with a higher automati…
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Economic Journal
Friendship and Female Education: Evidence from a Field Experiment in Bangladeshi Primary Schools
We randomly assigned 115 primary schools in Bangladesh to one of two settings: children studying in groups with friends and children studying in groups with peers. The groups consisted of four people…
Journal Article
Organization Science
The Impact of Overconfidence and Ambiguity Attitude on Market Entry
We study the behavioral drivers of market entry. An experiment allows us to disentangle the impact on entry across different types of markets of two key behavioral mechanisms: overconfidence and attit…
Journal Article
B.E. Journal of Economic Analysis & Policy
Acquisitions for Sleep
Within the policy debate, there is a fear that large incumbent firms buy small firms’ inventions to ensure that they are not used in the market. We show that such “acquisitions for sleep” can occur if…
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Economics Letters
Compete with Others? No, Thanks. with Myself? Yes, Please!
We study the willingness to compete against self and others in an experiment with over 650 participants, using a modified version of the Niederle and Vesterlund (2007) design. We show that introducing…
Journal Article
Journal of the European Economic Association
Mothers, Peers, and Gender–Role Identity
We study whether a woman’s labor supply as a young adult is shaped by the work behavior of her adolescent peers’ mothers. Using detailed information on a sample of U.S. teenagers who are followed over…
Journal Article
IZA World of Labor
How Labor Market Institutions Affect Job Creation and Productivity Growth – An Update
Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key facto…
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Economic Inquiry
Grind or Gamble? An Experiment on Effort and Spread Seeking in Contests
We conduct a contest experiment to study if spread seeking and effort can be managed when participants can invest in increasing both the mean and the spread of an uncertain performance variable. Subje…
Journal Article
Journal of Financial Intermediation
Credit Ratings and Structured Finance
The poor performance of credit ratings of structured finance products in the financial crisis has prompted investigation into the role of credit rating agencies (CRAs) in designing and marketing these…
Journal Article
International Review of Entrepreneurship
When Less Is More: Why Limited Entrepreneurship Education May Result in Better Entrepreneurial Outcomes
Entrepreneurship research suggests that entrepreneurship education and training can bridge the gender gap in entrepreneurship, but little empirical research exists assessing the validity and impact of…
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Journal of Finance
What Is a Patent Worth? Evidence from the U.S. Patent 'Lottery'
We provide evidence on the value of patents to startups by leveraging the quasi‐random assignment of applications to examiners with different propensities to grant patents. Using unique data on all fi…
Journal Article
Financial Management
The Investment Behavior of Buyout Funds: Theory and Evidence
We analyze the determinants of buyout funds’ investment decisions. We argue that when there is imperfect competition for private equity funds, the timing of funds’ investment decisions, their risk‐tak…
Journal Article
The Entrepreneurial Society – A Reform Strategy for Italy, Germany and the UK
Seven Steps Toward Inclusive, Innovative, and Sustainable Growth
In this chapter, the editors introduce and motivate the approach in this volume. Although this volume brings together contributions from different authors, the chapters all flow directly from the work…
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The Entrepreneurial Society – A Reform Strategy for Italy, Germany and the UK
A Reform Strategy for Italy
In this chapter, we outline a reform strategy to promote an entrepreneurial society in Italy. From a Varieties-of-Capitalism perspective, Italy has been classified as a Mixed or Mediterranean Market E…
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The Entrepreneurial Society – A Reform Strategy for Italy, Germany and the UK
A Reform Strategy for Germany
In this chapter, we outline a reform strategy to promote a more entrepreneurial society in Germany. Germany has developed a successful model of capitalism in which high productivity growth is driven b…
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The Entrepreneurial Society – A Reform Strategy for Italy, Germany and the UK
A Reform Strategy for the UK
In this chapter we outline a reform strategy to promote an entrepreneurial society in the UK. To put it in the words of the Varieties of Capitalism framework, the UK today represents a distinct libera…
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The Entrepreneurial Society – A Reform Strategy for Italy, Germany and the UK
What We Have Learned and How We May Proceed
In this chapter, the editors conclude this volume and draw the most important lessons that can be drawn from the FIRES project. The editors highlight theoretical lessons, methodological innovations, a…
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Oxford Review of Economic Policy
Crime and Networks: Ten Policy Lessons
Social network analysis can help us understand the root causes of delinquent behaviour and crime and provide practical guidance for the design of crime prevention policies. To illustrate these points,…
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Review of Austrian Economics
The Collaborative Innovation Bloc: A Reply to Our Commentators
We are grateful for the comments to our article, and for the opportunity to respond to them. In our original contribution, we argued that the application of the EOE perspective could help make Austria…
Journal Article
Review of Austrian Economics
The Collaborative Innovation Bloc: A New Mission for Austrian Economics
We argue that scholars in the Austrian tradition of economics should incorporate the notion of a collaborative innovation bloc into their study of spontaneous market orders. We demonstrate how success…
Journal Article
North American Journal of Economics and Finance
A Theory of Gazelle Growth: Competition, Venture Capital Finance and Policy
This paper proposes a theory of gazelle growth in which gazelles can grow either organically or through acquisitions. The model includes three types of firms: incumbent, target, and gazelle. We show t…
Journal Article
Applied Economics
Gender Differences in Optimism
This article examines gender differences in optimism about the economy. We measure optimism using Swedish survey data in which respondents stated their beliefs about the country’s future economic situa…
Journal Article
ILR Review
Academic Entrepreneurship: The Bayh–Dole Act versus the Professor’s Privilege
Is the Bayh-Dole intellectual property regime associated with more and better academic entrepreneurship than the Professor’s Privilege regime? The authors examine data on US PhDs in the natural scienc…
Journal Article
ILR Review
Experience and Entrepreneurship: A Career Transition Perspective
The authors cast entrepreneurship as one of three career choices—remaining with one’s employer, changing employers, or engaging in entrepreneurship—and theorize how the likelihood of entrepreneurship…
Journal Article
Small Business Economics
Entrepreneurial Experimentation: A Key Function in Systems of Innovation
The literature on innovation systems focuses on the supply side (the creation of technology) rather than on how innovations are converted into economic activity and growth via the market (the demand s…
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Small Business Economics
Boyan Jovanovic: Recipient of the 2019 Global Award for Entrepreneurship Research
The 2019 Global Award for Entrepreneurship Research has been awarded to Professor Boyan Jovanovic at New York University in the USA. Boyan Jovanovic has developed pioneering research that advances our…
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Journal of Institutional Economics
‘Post–truth’ Schooling and Marketized Education: Explaining the Decline in Sweden's School Quality
The Swedish school system suffers from profound problems with teacher recruitment and retention, knowledge decline, and grade inflation. Absenteeism is high, and psychiatric disorders have risen sharp…
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Research Policy
Has the Swedish Business Sector Become More Entrepreneurial than the U.S. Business Sector?
Recent studies document a 30-year decline in various measures of entrepreneurship in the U.S. Using detailed Swedish employer-employee data over the period from 1990 to 2013, we find young firms to be…
Journal Article