Lightnews — Scholar-powered news

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

onlinelibrary.wiley.com/doi/10.1111/...

In a simple lending model with informational asymmetry, we investigate the effect of bank market structure on the amount of collateral provided by firms. We analyze the decision about the amount of wealth to pledge as collateral to secure a loan.

Credit market structure and strategic collateral provision

In a simple lending model with informational asymmetry, we investigate the effect of bank market structure on the amount of collateral provided by firms. We analyze the strategic decision of a potent...

onlinelibrary.wiley.com

1 2

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

onlinelibrary.wiley.com/doi/10.1111/...

Higher fertility slowly increases the ratios of workers to retirees, easing the challenge of financing pensions due to population aging. Simulation studies differ on output impacts; it is unknown if differences are due to models or country characteristics.

Cross‐country differences in the long‐run economic impacts of increased fertility

Higher fertility slowly increases the ratios of workers to retirees, easing the challenge of financing pensions due to population aging. However, simulation studies differ on output impacts. Whether ....

onlinelibrary.wiley.com

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

onlinelibrary.wiley.com/doi/10.1111/...

This paper makes a small twist to a seemingly simple assumption in the Solow model: instead of agents saving a fraction of their entire income, as in the classic Solow model, they here save a fraction of their capital income.

A simple growth model of open economies

This paper makes a small twist to a seemingly simple assumption in the Solow model: instead of agents saving a fraction of their entire income, as in the classic Solow model, they here save a fractio...

onlinelibrary.wiley.com

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

onlinelibrary.wiley.com/doi/10.1111/...

This paper develops a theory and an empirical strategy to estimate the welfare gains from trade in economies with frictional local labor markets. Our welfare formula nests standard market structures and adds an adjustment margin via the employment rate.

Estimating the gains from trade in frictional local labor markets

We develop a theory and an empirical strategy to estimate the welfare gains from trade in economies with frictional local labor markets. Our welfare formula nests standard market structures and adds ...

onlinelibrary.wiley.com

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

onlinelibrary.wiley.com/doi/10.1111/...

This paper analyses the impact of robots on workers' wages in the manufacturing sector, with a particular focus on relative wages for workers with different levels of education and in different occupations.

Winners and losers when firms robotize: wage effects across occupations and education

This paper analyses the impact of robots on workers' wages in the manufacturing sector, with a particular focus on relative wages for workers with different levels of education and in different occup...

onlinelibrary.wiley.com

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

onlinelibrary.wiley.com/doi/10.1111/...

This paper develops an endogenous growth model that incorporates information carrier technology, highlighting that knowledge loss during storage and low communication efficiency hinder innovation.

Information carrier technology and growth

This paper develops an endogenous growth model that incorporates information carrier technology, highlighting that knowledge loss during storage and low communication efficiency hinder innovation. Th....

onlinelibrary.wiley.com

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

onlinelibrary.wiley.com/doi/10.1111/...

This paper uses employer–employee panel data to exploit gaps between observed and recently forecasted GDP growth in export destinations to estimate the effects of unexpected demand shocks on worker compensation.

The division of revenues from unexpected demand shocks

We exploit gaps between observed and recently forecasted GDP growth in export destinations to estimate the effects of unexpected demand shocks on worker compensation. Using employer–employee panel da...

onlinelibrary.wiley.com

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

Based on these impacts, the study estimates that the JRS cost between €2,260 and €5,950 per job-year saved. This is notably lower than similar programs in other countries, likely due to differences in income levels and JRS design.

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

Participation in the JRS demonstrably influenced both the likelihood of firm survival (extensive margin) and employment dynamics within surviving firms (intensive margin).

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

Their findings reveal a clear positive impact: firms that participated in the JRS maintained higher employment levels than those that did not, with this effect lasting at least until the end of 2021.

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

onlinelibrary.wiley.com/doi/10.1111/...

A team of @LatvijasBanka economists investigated whether the Job Retention Schemes (JRS) in Latvia during the Covid-19 pandemic helped save jobs. Using firm-level data, they assessed JRS impacts on employment both during and after the height of the pandemic.

onlinelibrary.wiley.com

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

onlinelibrary.wiley.com/doi/10.1111/...

Socio-economic differences in longevity have fuelled a debate about pension systems' regressive bias towards groups with a high life expectancy. This paper looks at distributional implications of such pooling, as well as indexing benefits to prices and wages.

The distributional implications of pension benefit indexation

Socio-economic differences in longevity have fuelled a debate on whether pension systems have a regressive bias favouring groups with a high life expectancy. We show that the distributional implicati...

onlinelibrary.wiley.com

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

*Table 9: Backlash vs. Persuasion Effects over Time*
This graph illustrates the short-term backlash followed by longer-term shifts in public opinion, showing how abortion precedents initially provoke opposition but eventually lead to increased acceptance.

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

*Table 7: Summary of Abortion Attitudes by Political Affiliation*
This table summarizes shifts in public opinion on abortion legality, segmented by political affiliation after abortion-related court rulings.

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

Here are three relevant graphs and tables.
*Figure 1: Impact of Circuit Court Rulings on State Abortion
Regulations*
This graph displays the percentage likelihood of states enacting or maintaining restrictive abortion laws following pro-abortion or anti-abortion court rulings.

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

While initial backlash to abortion rulings is common, long-term effects suggest that legal precedents often reshape societal norms.
#NormChange
#AbortionJurisprudence #LawInAction

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

Pro-abortion court rulings can increase Republican opposition to abortion by as much as 20%, showing how judicial decisions can polarize public opinion.
#Polarization #PublicOpinion

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

States are 18% more likely to restrict abortion access within 2 years of an anti-abortion judicial precedent, illustrating the profound influence of Circuit Court rulings.
#PolicyEffect #ReproductiveRights

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

Judges' biographical characteristics strongly influence abortion case outcomes, revealing the intersection of personal backgrounds and policy effects.
#JudicialImpact #AbortionLaw

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Aug 9

onlinelibrary.wiley.com/doi/10.1111/...

New research shows abortion rulings can trigger immediate public backlash. However, within two years, attitudes often shift towards acceptance.
#LawAndSociety #BacklashEffect #AbortionPolicy

Can policies affect preferences? Evidence from random variation in abortion jurisprudence

Turning to the courts to vindicate rights has often led to resistance and subsequent acceptance. This paper investigates the effects of randomly assigned judges on abortion cases on subsequent legisl...

onlinelibrary.wiley.com

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Jan 14

Current editors of The Scandinavian Journal of Economics are @msimonsen.bsky.social, @torfinnharding.bsky.social, @erikwengstrom.bsky.social

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Jan 13

An overview of the journal's first century can be found here.

onlinelibrary.wiley.com/doi/10.1111/...

The Scandinavian Journal of Economics @scandjecon.bsky.social · Jan 13

Marking the 125th year of the journal, the editors highlight some of the influential research of the last 25 years.

onlinelibrary.wiley.com/doi/epdf/10....

The Scandinavian Journal of Economics at 125: a note from the editors

You have to enable JavaScript in your browser's settings in order to use the eReader.

onlinelibrary.wiley.com

1

The Scandinavian Journal of Economics @scandjecon.bsky.social · Jan 13

This study carries out a retrospective assessment of the journal's publications, over 125 years, using quantitative bibliometric indicators.

onlinelibrary.wiley.com/doi/epdf/10....

The Scandinavian Journal of Economics at 125: a bibliometric overview

You have to enable JavaScript in your browser's settings in order to use the eReader.

onlinelibrary.wiley.com

The Scandinavian Journal of Economics @scandjecon.bsky.social · Dec 10

www.nobelprize.org/prizes/econo...

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 was awarded jointly to Daron Acemoglu, Simon Henry Roberts Johnson and James A. Robinson "for studies of how institution...

www.nobelprize.org