This paper examines the interaction between quantitative easing (QE) and the securities lending facility (SLF) using a detailed dataset on Riksbank QE purchases, Swedish DMO SLF transactions and OTC repo deals. A theoretical model further shows how excess demand for assets and search frictions...

While the influence of neighborhoods on later life outcomes is well documented, the historical processes that shaped the growth and social makeup of urban areas are less understood. We address this by analyzing newly compiled geocoded data covering the entire population of Stockholm from 1878 to...

Sweden's economic growth in relation to developments in the rest of the world exhibits three distinct phases over the past 170 years. From 1890 to 1950, Sweden experienced faster growth than comparable countries. This period of liberalization was followed by a phase of lagging behind until...

The Swedish preschool sector, which is heavily dominated by a female workforce, is marked by low wages and poor health outcomes. Our study shows that preschools' organizational form is significantly associated with hiring practices, wage-setting, and worker health outcomes. For-profit preschools...

This paper examines the interaction between quantitative easing (QE) and the securities lending facility (SLF) using a detailed dataset on Riksbank QE purchases, Swedish DMO SLF transactions and OTC repo deals. A theoretical model further shows how excess demand for assets and search frictions...

In an important and much cited study, Pettersson-Lidbom (2008) identifies significant left-wing majority coalition effects on economic outcomes for Swedish local governments, 1974-1994. We first replicate the original study and then extend the original research by applying Pettersson-Lidbom's...

We document a substantial reduction in the wage responsiveness to regional unemployment (the wage curve) in Sweden during the past 25 years. The period is characterized by large changes in the composition of the labor force arising from refugee migration and active labor supply policies...

This paper studies gender gaps in labor-market outcomes, with a focus on job ladder dynamics. We show that women experience substantially lower wage growth conditional on prior wages despite nearly identical job-to-job transition rates for men and women. To reconcile these observations, we...

There is continued debate, with important social consequences, about how social status is transmitted between parents and children. In particular, how much does genetics as opposed to social causation matter? In an ingenious recent article, Collado et al. (2023), using an extended family lineage...

I estimate the cross-border effects of Swedish nuclear outages using hourly data on day-ahead prices, generation, and consumption across 15 bidding zones in Northern Europe from 2021 to 2024. I exploit unplanned outages as exogenous variation in nuclear supply and find that a 1 GW reduction in...

Sweden's economic growth in relation to developments in the rest of the world exhibits three distinct phases over the past 170 years. From 1890 to 1950, Sweden experienced faster growth than comparable countries. This period of liberalization was followed by a phase of lagging behind until...

Advancing the economic understanding of suicide's externalities, this study uses the well-being valuation method (WVM) to quantify the exposure to suicide, specifically through knowing someone near, family, or friend (NFF) who attempted or died by suicide. First, using data from a survey of...

Despite the importance of regulating working hours for workers' health and maintaining labour productivity, the literature lacks credible causal estimates on the impact of reduced working hours. We provide new evidence for the causal effect of shorter workweeks on mortality using full population...

Background: Digital transformation has emerged as an important theme in contemporary organisational studies, particularly within public sector institutions striving to enhance operational efficiency, improve service delivery, and foster innovation. This study aimed to explore the experiences of...

Russia's full-scale invasion of Ukraine marked the start of a prolonged confrontation between Moscow and Europe - one that is fundamentally reshaping the parameters of European security. The return of Donald Trump to the White House and his stated intent to quickly end the war in Ukraine and put...

This paper examines how managerial background influences firms' use of labor migration. Using Swedish data, we analyze whether firms led by foreign-born managers are more likely to apply for work permits for non-EU workers. We find that such managers significantly increase the likelihood of...

The purpose of dividends is to distribute income to shareholders. Many stock market investors have only a few shares in their portfolios. For these investors, selling one share to generate income is not an attractive alternative to receiving dividends. We describe the dividend decision process...

The Floods Directive (FD) established a framework for flood risk management. It foresees 6-yearly cycles aiming at the reduction of the adverse consequences associated with floods in the European Union (EU). The first cycle covered the period 2010-15. The second cycle covers the period 2016-21....

This paper examines income and employment outcomes for immigrants in Sweden's most immigrant-dense neighbourhoods between 1998 and 2022. While relative employment among immigrants has improved, relative incomes in these neighbourhoods have stagnated or declined. The most plausible explanation...