In this study, we examine the relationship between within-firm pay inequality and employee productivity. We use hand-collected data on a sample of S&P 1500 companies from 2018-2022 and find a concave relationship between the relative CEO pay and employee productivity. Consistent with tournament...

The rapid rise of e-scooters (electric scooters) in cities around the world, boosted by the introduction of shared e-scooter services has visibly reshaped the way people move around cities, sparking both excitement and controversy. With the increase in popularity of these vehicles, concerns...

The neo-Schumpeterian growth models, which appeared in the early 1990s, have ostensibly reintroduced the entrepreneur into mainstream growth theory. However, we show that by ignoring genuine uncertainty and by assuming that profits follow an objectively true and ex ante known probability...

We document that large cities were instrumental in shaping women's work and family outcomes in the early 20th century. We focus on migrants to Stockholm, Sweden's largest city, using representative, linked census data. Female migrants to Stockholm saw persistent changes in work and family...

We provide a critical analysis of the adoption of the US "top-five model" by European economics academia. This model prioritizes publications in five elite journals, heavily influencing the career trajectories of doctoral students and researchers. It highlights the inefficiencies and social...

We exploit education reforms in Sweden and other European countries to estimate the causal effects of longer and modernized compulsory education on civic engagement. In most countries, compulsory education was extended by 1-2 years, and the curricula were reformed to better foster democratic and...

Uncertainty affects people in various ways. It is frequently found to hinder investment and production in the economic sphere. In this study, we examine the empirical relationship between uncertainty and tolerance toward Muslims and Jews. Does uncertainty make people more or less tolerant? This...

The various form of pattern bargaining with manufacturing, as representative of the tradables sector, deciding the norm for wage increases in the Nordic countries are reviewed. This form of bargaining has been consistent with strong international competitiveness and has widespread support among...

Understanding the consequences and recovery for countries hit by adverse national events such as political crises is central to understanding long-run development dynamics. Utilizing the Coleman boat framework, we develop a micro-foundation based theoretical framework grounded in public choice...

We provide a critical analysis of the adoption of the US "top-five model" by European economics academia. This model prioritizes publications in five elite journals, heavily influencing the career trajectories of doctoral students and researchers. It highlights the inefficiencies and social...