Economic Affairs

Recent Scholarly Publications

Records 24 / 34

A Model of Safe Asset Determination

April 2019

What makes an asset a “safe” asset? We study a model where two countries each issue sovereign bonds to satisfy investors’ safe asset demands.

The Intertemporal Keynesian Cross

September 2018

We demonstrate the importance of intertemporal marginal propensities to consume (iMPCs) in disciplining general equilibrium models with heterogeneous agents and nominal rigidities.

Inequality and redistribution behavior in a give-or-take game

April 2018

Why has economic inequality risen dramatically over the past few decades even in democracies where individuals could vote for more redistribution?

The Mystery of the Kibbutz: Egalitarian Principles in a Capitalist World

February 2018

How the kibbutz movement thrived despite its inherent economic contradictions and why it eventually declinedThe kibbutz is a social experiment in collective living that challenges traditional...

To the New World and Back Again: Return Migrants in the Age of Mass Migration

August 2017

The authors compile large data sets from Norwegian and US historical censuses to study return migration during the Age of Mass Migration (1850–1913).

Making exit costly but efficient: the political economy of exit clauses and secession

June 2017

This article presents a political economic analysis of exit from federations. Over time, members’ benefits from being in a federation can fluctuate because of changes in the state of the world.

Wealth Inequality and Democracy

May 2017

What do we know about wealth inequality and democracy?

Wealth Inequality and Democracy

February 2017

What do we know about wealth inequality and democracy?

The political economy of enforcing fiscal rules

January 2017

A large literature is focused on governments’ fiscal policy making under the disciplining force of fiscal rules.

The Structure of American Income Tax Policy Preferences

October 2016

In recent decades inequality in the United States has increased dramatically, but policy responses in terms of redistribution have been limited.

How economic, humanitarian, and religious concerns shape European attitudes toward asylum seekers

September 2016

What types of asylum seekers are Europeans willing to accept?

Self-Centered Inequity Aversion and the Mass Politics of Taxation

September 2016

The politics of economic crises brings distributive economic conflict to the fore of national political debates.

When lives are put on hold: Lengthy asylum processes decrease employment among refugees

August 2016

European governments are struggling with the biggest refugee crisis since World War II, but there exists little evidence regarding how the management of the asylum process affects the subsequent...

Cold war isomorphism: Communist regimes and the West European model of worker participation

July 2016

In studies of cultural globalisation, the influence of communist regimes on Western Europe has remained under-theorised and little explored.

Taxing the Rich: A History of Fiscal Fairness in the United States and Europe

March 2016

In today's social climate of acknowledged and growing inequality, why are there not greater efforts to tax the rich?

Does Lean Improve Labor Standards? Management and Social Performance in the Nike Supply Chain

March 2016

This study tests the hypothesis that lean manufacturing improves the social performance of manufacturers in emerging markets.

Bankruptcy and Investment: Evidence from Changes in Marital Property Laws in the U.S. South, 1840-1850

February 2016

We study the impact of the introduction of a form of bankruptcy protection on household investment in the U.S. South in the 1840s, which predated modern bankruptcy laws.

The Ideological Basis of the Grexit Debate

January 2016

What explains the sharp divide among European publics over the Grexit? We explore this question using original surveys from four of the largest European economies.

Those Who Know Most: Insider Trading in Eighteenth-Century Amsterdam

November 2015

This paper studies how private information is incorporated into prices, using a unique setting from the eighteenth century that is closer to stylized models of price discovery than modern-day...

Immigration into Europe: Economic Discrimination, Violence, and Public Policy

June 2014

Have the poor always been less likely to migrate? Evidence from inheritance practices during the Age of Mass Migration

May 2013

Using novel data on 50,000 Norwegian men, we study the effect of wealth on the probability of internal or international migration during the Age of Mass Migration (1850–1913), a time when the US...

The Swiss Miracle? Beyond Chocolate, Cheese, and Banking

April 2013

Europe Cannot Remain What it is. Europe's Crisis and the Perspectives

March 2013

People

Kenneth F. Scheve Senior Fellow Professor, Political Science