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Stockholm School of Economics
(34 results)-
White Papers
Should Day Care Be Subsidized?
June 11, 2010, 12:00am PDT
In an economy with distortionary taxes on labor, can subsidies on day care, financed by an increase in taxes, raise welfare by encouraging women with small children to work? The authors show,...
Provided by Stockholm School of Economics
-
White Papers
Evolution Of Theories Of Mind
May 3, 2010, 12:00am PDT
This paper studies the evolution of peoples' models of how other people think - their theories of mind. First, this is formalized within the level-k model, which postulates a hierarchy of types,...
Provided by Stockholm School of Economics
-
White Papers
Finding All Minimal CURB Sets
December 9, 2009, 12:00am PST
Sets closed under rational behavior were introduced by the authors as subsets of the strategy space that contain all best replies to all strategy profiles in the set. They here consider a more...
Provided by Stockholm School of Economics
-
White Papers
Optimal Categorization
July 7, 2009, 12:00am PDT
The importance of categorical reasoning in human cognition is well-established in psychology and cognitive science, and one of the most important functions of categorization is to facilitate...
Provided by Stockholm School of Economics
-
White Papers
Automatic Fiscal Stabilizers In Sweden 1998-2009
April 24, 2009, 12:00am PDT
In this paper, the author examines how the responsiveness of the Swedish public budget to business-cycle conditions has developed between 1998 and 2009. The author documents substantial changes in...
Provided by Stockholm School of Economics
-
White Papers
Mental Accounting In The Housing Market
August 14, 2010, 12:00am PDT
The authors report evidence that salience may have economically significant effects on homeowners' borrowing behavior, through a bias in favor of less salient but more costly loans. They outline a...
Provided by Stockholm School of Economics
-
White Papers
Uncovered Interest Parity In A Partially Dollarized Developing Country: Does UIP Hold In Bolivia? (And If Not, Why Not?)
July 1, 2009, 12:00am PDT
According to the Uncovered Interest Parity (UIP) condition, interest rate differentials compensate for expected exchange rate changes, equalizing the expected returns from holding assets which...
Provided by Stockholm School of Economics
-
White Papers
The Effects Of Real Exchange Rate Depreciation In An Economy With Extreme Liability Dollarization
July 1, 2009, 12:00am PDT
This paper studies the effects of real exchange rate depreciation in an economy with extreme liability dollarization using Vector AutoRegression (VAR) methods. Bolivia's extreme liability...
Provided by Stockholm School of Economics
-
White Papers
Epistemic Robustness Of Sets Closed Under Rational Behavior
March 31, 2009, 12:00am PDT
This paper provides two conditions of epistemic robustness, robustness to alternative best replies and robustness to non-best replies, and uses these to characterize variants of CURB sets in...
Provided by Stockholm School of Economics
-
White Papers
The Impact Of U.S. Regional Business Cycles On Remittances To Latin America
February 1, 2009, 12:00am PST
The current economic slowdown in the United States and the decline in remittance growth to some Latin American countries have intensified the interest in the relationship between these variables....
Provided by Stockholm School of Economics
-
White Papers
Service-Sector Competition, Innovation And R&D
October 1, 2008, 12:00am PDT
The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and competition. The model is built on the assumption of a product market and has not...
Provided by Stockholm School of Economics
-
White Papers
Formal Institutions And Subjective Well-Being: Revisiting The Cross-Country Evidence
April 3, 2008, 12:00am PDT
A long tradition in economics explores the association between the quality of formal institutions and economic performance. The literature on the relationship between such institutions and...
Provided by Stockholm School of Economics
-
White Papers
Competition And Well-Being: Does Market Competition Make People Unhappy ?
April 2, 2008, 12:00am PDT
Empirical research on the role of economic institutions for subjective well-being is still widely lacking, while recent economic-experimental outcomes suggest that experienced utility may depend...
Provided by Stockholm School of Economics
-
White Papers
Risk Aversion, Prospect Theory, And Strategic Risk In Law Enforcement: Evidence From An Antitrust Experiment
March 31, 2008, 12:00am PDT
In this paper the authors investigate the effects of risk preferences and attitudes towards risk on optimal antitrust enforcement policies. First, they observe that risk aversion is negatively...
Provided by Stockholm School of Economics
-
White Papers
Commitee Decisions: Optimality And Equilibrium
March 11, 2008, 12:00am PDT
The authors consider a committee facing a binary decision under uncertainty. Each member holds some private information. Members may have different preferences and initial beliefs, but they all...
Provided by Stockholm School of Economics
-
White Papers
The Effect Of Direct Democratic Institutions On Income Redistribution: Evidence For Switzerland
December 1, 2007, 12:00am PST
There is an intensive dispute in political economics about the impact of institutions on income redistribution. While the main focus is on comparison between different forms of representative...
Provided by Stockholm School of Economics
-
White Papers
Does Job Satisfaction Improve The Health Of Workers? New Evidence Using Panel Data And Objective Measures Of Health
September 28, 2007, 12:00am PDT
This paper evaluates the relationship between job satisfaction and measures of health of workers using the German Socio-Economic Panel (GSOEP). Methodologically, it addresses two important design...
Provided by Stockholm School of Economics
-
White Papers
Genetic Variation In Preferences For Giving And Risk-Taking
January 4, 2009, 12:00am PST
In this paper, the authors use the classical twin design to provide estimates of genetic and environmental influences on experimentally elicited preferences for risk and giving. Using standard...
Provided by Stockholm School of Economics
-
White Papers
Identity And Redistribution
August 28, 2009, 12:00am PDT
This paper models the interaction between individuals' identity choices and redistribution. Both redistributive policies and identity choices are endogenous, and there might be multiple...
Provided by Stockholm School of Economics
-
White Papers
Innovative City In West China Chongqing
February 1, 2008, 12:00am PST
This working paper offers insights on science and technology in China with supporting official and interview data. The paper, as evidenced from the title, is indicating the future role of...
Provided by Stockholm School of Economics
-
White Papers
Regional Development In Lao PDR: Growth Patterns And Market Integration
June 1, 2007, 12:00am PDT
Lao PDR has shown a strong record of economic growth and poverty alleviation since the early 1990s. Yet, the pace of economic development has varied significantly between different parts of the...
Provided by Stockholm School of Economics
-
White Papers
Boundarians That Shape Market Actors
August 18, 2008, 12:00am PDT
Business Associations operate in between markets and politics connecting these to each other through representation, rulemaking and information. In this paper it is demonstrated that there is a...
Provided by Stockholm School of Economics
-
White Papers
Accounting And Distributed Product Development
July 1, 2008, 12:00am PDT
This paper deals with the nature of product development and the impact of accounting practices on such developments. Through an in-depth case study at ABB Robotics the authors extend Dubois and...
Provided by Stockholm School of Economics
-
White Papers
The Formation Of New Business Ventures In Networks The Formation Of New Intermediaries And Creation Of Value From The Exploitation Of Technology
August 28, 2010, 12:00am PDT
This paper analyzes new business formation connected to the use of established mobile technologies and associated services. The purpose of the paper is to describe how a set of alternative...
Provided by Stockholm School of Economics
-
White Papers
Connecting Temporal And Spatial Dimensions In Business Practice - With Application To Globalization Of Markets
August 28, 2010, 12:00am PDT
The purpose of the paper is to develop a conceptual framework for analysis of time/space configurations in a business practice perspective on network dynamics. The authors regard business practice...
Provided by Stockholm School of Economics
-
White Papers
Managing Multilayered Innovation Processes: Challenges Related To Embeddedness In Time And Space
August 26, 2010, 12:00am PDT
From organizational theory the authors know that firms tend to prioritize problems that are close in time and space. This paper develops a framework in order to understand how an innovation...
Provided by Stockholm School of Economics
-
White Papers
How Exposure To Markets Can Favor Inequity-averse Preferences
October 28, 2008, 12:00am PDT
Outside the group selection framework, this paper shows how in the presence of general equilibrium effects non-individualistic preferences can be individual fitness maximizing. The authors...
Provided by Stockholm School of Economics
-
White Papers
Ownership And High-growth Firms
September 29, 2010, 12:00am PDT
Empirical studies demonstrate that most net job-growth originates from a small number of High-Growth Firms (HGFs). The purpose of this paper is to analyze whether firm ownership - family, or...
Provided by Stockholm School of Economics
-
White Papers
Economic Growth And Growth Linkages In China 1994-2003
October 1, 2008, 12:00am PDT
This paper investigates to what degree neighboring Chinese provinces were linked to each other in terms of economic growth, income levels, and foreign direct investment during the period...
Provided by Stockholm School of Economics
-
White Papers
Restructuring An Empire. A Narrative Study Of The Turnaround Of The Telecom Company Ericsson
August 1, 2007, 12:00am PDT
The turnaround of the telecom company Ericsson is considered a unique chapter in Swedish business life in terms of complexity, size and speed. This paper focuses on implications of the...
Provided by Stockholm School of Economics
-
White Papers
How Do Entrepreneurs In Clusters Contribute To Economic Growth?
June 7, 2007, 12:00am PDT
This paper investigates the long-term survival and performance of new entrepreneurial firms, comparing firms located within regional clusters with those located outside of clusters. The paper is...
Provided by Stockholm School of Economics
-
White Papers
China's Growing Influence In Southeast Asia - Monetary Policy And Equity Markets
May 1, 2010, 12:00am PDT
The authors use structural VAR models with short-run restrictions to analyze the potential transmission of China's monetary policy shocks to equity markets in Southeast Asia. Their results show...
Provided by Stockholm School of Economics
-
White Papers
Your Former Employees Matter: Private Equity Firms And Their Financial Advisors
April 29, 2008, 12:00am PDT
The author studies the impact of social networks on private equity firms' choice of financial advisors. In a unique dataset the author observes all individuals who have been involved in...
Provided by Stockholm School of Economics
-
White Papers
Wireless Enterprise Innovations: Raising Issues Of Temporality And Activities
January 1, 2011, 12:00am PST
The overall research question guiding the papers' studies of mobility-in-use in organizations is: How are different activities of temporality affected when organizations implement and use new...
Provided by Stockholm School of Economics
-
White Papers
Wireless Enterprise Innovations: Raising Issues Of Temporality And Activities
January 1, 2011, 12:00am PST
The overall research question guiding the papers' studies of mobility-in-use in organizations is: How are different activities of temporality affected when organizations implement and use new...
Provided by Stockholm School of Economics
-
White Papers
Your Former Employees Matter: Private Equity Firms And Their Financial Advisors
April 29, 2008, 12:00am PDT
The author studies the impact of social networks on private equity firms' choice of financial advisors. In a unique dataset the author observes all individuals who have been involved in...
Provided by Stockholm School of Economics
-
White Papers
China's Growing Influence In Southeast Asia - Monetary Policy And Equity Markets
May 1, 2010, 12:00am PDT
The authors use structural VAR models with short-run restrictions to analyze the potential transmission of China's monetary policy shocks to equity markets in Southeast Asia. Their results show...
Provided by Stockholm School of Economics
-
White Papers
How Do Entrepreneurs In Clusters Contribute To Economic Growth?
June 7, 2007, 12:00am PDT
This paper investigates the long-term survival and performance of new entrepreneurial firms, comparing firms located within regional clusters with those located outside of clusters. The paper is...
Provided by Stockholm School of Economics
-
White Papers
Restructuring An Empire. A Narrative Study Of The Turnaround Of The Telecom Company Ericsson
August 1, 2007, 12:00am PDT
The turnaround of the telecom company Ericsson is considered a unique chapter in Swedish business life in terms of complexity, size and speed. This paper focuses on implications of the...
Provided by Stockholm School of Economics
-
White Papers
Economic Growth And Growth Linkages In China 1994-2003
October 1, 2008, 12:00am PDT
This paper investigates to what degree neighboring Chinese provinces were linked to each other in terms of economic growth, income levels, and foreign direct investment during the period...
Provided by Stockholm School of Economics
-
White Papers
Ownership And High-growth Firms
September 29, 2010, 12:00am PDT
Empirical studies demonstrate that most net job-growth originates from a small number of High-Growth Firms (HGFs). The purpose of this paper is to analyze whether firm ownership - family, or...
Provided by Stockholm School of Economics
-
White Papers
How Exposure To Markets Can Favor Inequity-averse Preferences
October 28, 2008, 12:00am PDT
Outside the group selection framework, this paper shows how in the presence of general equilibrium effects non-individualistic preferences can be individual fitness maximizing. The authors...
Provided by Stockholm School of Economics
-
White Papers
Managing Multilayered Innovation Processes: Challenges Related To Embeddedness In Time And Space
August 26, 2010, 12:00am PDT
From organizational theory the authors know that firms tend to prioritize problems that are close in time and space. This paper develops a framework in order to understand how an innovation...
Provided by Stockholm School of Economics
-
White Papers
Connecting Temporal And Spatial Dimensions In Business Practice - With Application To Globalization Of Markets
August 28, 2010, 12:00am PDT
The purpose of the paper is to develop a conceptual framework for analysis of time/space configurations in a business practice perspective on network dynamics. The authors regard business practice...
Provided by Stockholm School of Economics
-
White Papers
The Formation Of New Business Ventures In Networks The Formation Of New Intermediaries And Creation Of Value From The Exploitation Of Technology
August 28, 2010, 12:00am PDT
This paper analyzes new business formation connected to the use of established mobile technologies and associated services. The purpose of the paper is to describe how a set of alternative...
Provided by Stockholm School of Economics
-
White Papers
Accounting And Distributed Product Development
July 1, 2008, 12:00am PDT
This paper deals with the nature of product development and the impact of accounting practices on such developments. Through an in-depth case study at ABB Robotics the authors extend Dubois and...
Provided by Stockholm School of Economics
-
White Papers
Boundarians That Shape Market Actors
August 18, 2008, 12:00am PDT
Business Associations operate in between markets and politics connecting these to each other through representation, rulemaking and information. In this paper it is demonstrated that there is a...
Provided by Stockholm School of Economics
-
White Papers
Regional Development In Lao PDR: Growth Patterns And Market Integration
June 1, 2007, 12:00am PDT
Lao PDR has shown a strong record of economic growth and poverty alleviation since the early 1990s. Yet, the pace of economic development has varied significantly between different parts of the...
Provided by Stockholm School of Economics
-
White Papers
Innovative City In West China Chongqing
February 1, 2008, 12:00am PST
This working paper offers insights on science and technology in China with supporting official and interview data. The paper, as evidenced from the title, is indicating the future role of...
Provided by Stockholm School of Economics
-
White Papers
Identity And Redistribution
August 28, 2009, 12:00am PDT
This paper models the interaction between individuals' identity choices and redistribution. Both redistributive policies and identity choices are endogenous, and there might be multiple...
Provided by Stockholm School of Economics
-
White Papers
Genetic Variation In Preferences For Giving And Risk-Taking
January 4, 2009, 12:00am PST
In this paper, the authors use the classical twin design to provide estimates of genetic and environmental influences on experimentally elicited preferences for risk and giving. Using standard...
Provided by Stockholm School of Economics
-
White Papers
Does Job Satisfaction Improve The Health Of Workers? New Evidence Using Panel Data And Objective Measures Of Health
September 28, 2007, 12:00am PDT
This paper evaluates the relationship between job satisfaction and measures of health of workers using the German Socio-Economic Panel (GSOEP). Methodologically, it addresses two important design...
Provided by Stockholm School of Economics
-
White Papers
The Effect Of Direct Democratic Institutions On Income Redistribution: Evidence For Switzerland
December 1, 2007, 12:00am PST
There is an intensive dispute in political economics about the impact of institutions on income redistribution. While the main focus is on comparison between different forms of representative...
Provided by Stockholm School of Economics
-
White Papers
Commitee Decisions: Optimality And Equilibrium
March 11, 2008, 12:00am PDT
The authors consider a committee facing a binary decision under uncertainty. Each member holds some private information. Members may have different preferences and initial beliefs, but they all...
Provided by Stockholm School of Economics
-
White Papers
Risk Aversion, Prospect Theory, And Strategic Risk In Law Enforcement: Evidence From An Antitrust Experiment
March 31, 2008, 12:00am PDT
In this paper the authors investigate the effects of risk preferences and attitudes towards risk on optimal antitrust enforcement policies. First, they observe that risk aversion is negatively...
Provided by Stockholm School of Economics
-
White Papers
Competition And Well-Being: Does Market Competition Make People Unhappy ?
April 2, 2008, 12:00am PDT
Empirical research on the role of economic institutions for subjective well-being is still widely lacking, while recent economic-experimental outcomes suggest that experienced utility may depend...
Provided by Stockholm School of Economics
-
White Papers
Formal Institutions And Subjective Well-Being: Revisiting The Cross-Country Evidence
April 3, 2008, 12:00am PDT
A long tradition in economics explores the association between the quality of formal institutions and economic performance. The literature on the relationship between such institutions and...
Provided by Stockholm School of Economics
-
White Papers
Service-Sector Competition, Innovation And R&D
October 1, 2008, 12:00am PDT
The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and competition. The model is built on the assumption of a product market and has not...
Provided by Stockholm School of Economics
-
White Papers
The Impact Of U.S. Regional Business Cycles On Remittances To Latin America
February 1, 2009, 12:00am PST
The current economic slowdown in the United States and the decline in remittance growth to some Latin American countries have intensified the interest in the relationship between these variables....
Provided by Stockholm School of Economics
-
White Papers
Epistemic Robustness Of Sets Closed Under Rational Behavior
March 31, 2009, 12:00am PDT
This paper provides two conditions of epistemic robustness, robustness to alternative best replies and robustness to non-best replies, and uses these to characterize variants of CURB sets in...
Provided by Stockholm School of Economics
-
White Papers
The Effects Of Real Exchange Rate Depreciation In An Economy With Extreme Liability Dollarization
July 1, 2009, 12:00am PDT
This paper studies the effects of real exchange rate depreciation in an economy with extreme liability dollarization using Vector AutoRegression (VAR) methods. Bolivia's extreme liability...
Provided by Stockholm School of Economics
-
White Papers
Uncovered Interest Parity In A Partially Dollarized Developing Country: Does UIP Hold In Bolivia? (And If Not, Why Not?)
July 1, 2009, 12:00am PDT
According to the Uncovered Interest Parity (UIP) condition, interest rate differentials compensate for expected exchange rate changes, equalizing the expected returns from holding assets which...
Provided by Stockholm School of Economics
-
White Papers
Mental Accounting In The Housing Market
August 14, 2010, 12:00am PDT
The authors report evidence that salience may have economically significant effects on homeowners' borrowing behavior, through a bias in favor of less salient but more costly loans. They outline a...
Provided by Stockholm School of Economics
-
White Papers
Automatic Fiscal Stabilizers In Sweden 1998-2009
April 24, 2009, 12:00am PDT
In this paper, the author examines how the responsiveness of the Swedish public budget to business-cycle conditions has developed between 1998 and 2009. The author documents substantial changes in...
Provided by Stockholm School of Economics
-
White Papers
Optimal Categorization
July 7, 2009, 12:00am PDT
The importance of categorical reasoning in human cognition is well-established in psychology and cognitive science, and one of the most important functions of categorization is to facilitate...
Provided by Stockholm School of Economics
-
White Papers
Finding All Minimal CURB Sets
December 9, 2009, 12:00am PST
Sets closed under rational behavior were introduced by the authors as subsets of the strategy space that contain all best replies to all strategy profiles in the set. They here consider a more...
Provided by Stockholm School of Economics
-
White Papers
Evolution Of Theories Of Mind
May 3, 2010, 12:00am PDT
This paper studies the evolution of peoples' models of how other people think - their theories of mind. First, this is formalized within the level-k model, which postulates a hierarchy of types,...
Provided by Stockholm School of Economics
-
White Papers
Should Day Care Be Subsidized?
June 11, 2010, 12:00am PDT
In an economy with distortionary taxes on labor, can subsidies on day care, financed by an increase in taxes, raise welfare by encouraging women with small children to work? The authors show,...
Provided by Stockholm School of Economics
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