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HOI research | Path dependence in new ventures’ capital structures

21 August 2020
The way that new ventures are financed is very important. It has substantial implications for a company’s survival, growth, and performance. For this reason, a lot of research exists that examines what explains startups’ choices of financing sources, typically drawing on rational economic theories such as pecking order or trade off theories.

Financial Incentives for Whistleblowers: A Short Survey

22 October 2019
Working paper: Whistleblower reward programs, or “bounty regimes”, are increasingly used in the United States. According to Professor Spagnolo and his co-auhtor, the effectiveness of these programs has been questioned, and empirical evidence on their effectiveness have been scarce likely due to their relatively recent introduction.

Russia’s macroeconomy — a closer look at growth, investment, and uncertainty

28 June 2019
Working paper: This paper looks at economic growth and its fundamental determinants in Russia over the last decades. It starts by showing that, contrary to the views of some political commentators, growth is highly important for the popularity of president Putin.

Russia’s economy and regional spillovers

13 June 2019
Working paper: This paper looks at how the Russian economy has developed under the leadership of Putin and how it spills over to its neighbours in the CIS region.

Imperfect Financial Markets as a Commitment Device for the Government

21 December 2017
By Jenny Simon, Working Paper

The Political Economy of Multilateral Aid Funds

21 December 2017
By Jenny Simon (with Justin Valasek)

Protection for Sale: The Case of Oligopolistic Competition and Interdependent Sectors

12 September 2013
by Elena Paltseva, forthcoming in Canadian Journal of Economics

Competition Policy and Productivity Growth: an Empirical Assessment

10 September 2013
by Giancarlo Spagnolo (with P. Buccirossi, T. Duso, C. Vitale and L. Ciari), published in Review of Economics and Statistics

On the Role of Capital Gains in Top Incomes

01 October 2010
by Jesper Roine (witd D. Waldenström), Uppsala Center for Labor Studies Working Paper

Bank Location and Financial Liberalization Reforms: Evidence from Microgeographic Data

01 September 2010
by Marieke Huysentruyt (with E. Lefevere and C. Menon), published in the SERC discussion paper series