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Absolute income mobility and the effect of parent generation inequality: An extended decomposition approach
Liss, E., Korpi, M., & Wennberg, K.
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  • Publications

Selected publication

No evidence of counteracting policy effects on European solar power invention and diffusion
Grafström, J., & Poudineh, R.
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About

  • About us

    • About
    • Contact us

  • Media

    • News archive

  • Cooperations

    • Eli F. Heckscher Lectures

Research

  • Areas

    • Labour Market Research
    • Competitiveness Research
    • Climate and Environmental Research

  • Ongoing research

    • Working Paper Series
  • People

    • Publications

    • Publications

      • Publications

    Bursting into life: firm growth and growth persistence by age

    PublicationArticle (with peer review)
    Alex Coad, Daniel Halvarsson, Företagandets villkor, Företagstillväxt, Nyföretagande, Sven-Olov Daunfeldt

    Abstract

    Is firm growth more persistent for young or old firms? Theory gives us no clear guidance, and previous empirical investigations have been hampered by a lack of detailed data on firm age, as well as a non-representative coverage of young firms. We overcome these shortcomings using a rich dataset on all limited liability firms in Sweden during 1998–2008, covering firms of all ages and information on registered start year. Sales growth for new ventures is characterized by positive persistence, which quickly turns negative as firms get older. Young firms are more likely to have two consecutive periods of positive growth. While new firms experience an early burst of sustained growth, older firms have more erratic growth paths.
    Related content: Working Paper No. 264

    Coad, A., Daunfeldt, S-O., & Halvarsson, D. (2018). Bursting into life: firm growth and growth persistence by age. Small Business Economics, 50(1), 55-75. DOI: 10.1007/s11187-017-9872-8

    Details

    Author

    Coad, A., Daunfeldt, S-O., & Halvarsson, D.

    Publication year

    2018

    Published in

    Small Business Economics

    Related

    Daniel Halvarsson
    Ph.D.

    +460760184541

    daniel.halvarsson@ratio.se

    Sven-Olov Daunfeldt
    Associate Researcher

    +46702957284

    sven-olov.daunfeldt@huiresearch.se

    Alex Coad
    Associate Researcher

    +441273 877128

    alex.coad@waseda.jp

    Similar content

    City size, employer concentration, and wage income inequality
    Working paperPublication
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    Publication year

    2025

    Published in

    Institute for Evaluation of Labour Market and Education Policy (IFAU)

    Abstract

    This study investigates the relationship between the urban wage premium and employer concentration using Swedish full population employer-employee data. Departing from an AKM modeling framework to distinguish worker from firm specific heterogeneity – a measure of rent-sharing – we then measure the urban wage premium using differences in the estimated firm fixed effects at the level of local industries, nested within local labor markets. Our results suggest that labor market employer concentration, as calculated using the Hirschman-Herfindahl index and a leave-one-out instrumental variable design, can account for a significant share of the estimated urban wage premium (UWP). Addressing city-level wage income inequality by applying our model to different segments of the local labor market income distribution, we find that while the UWP pertains to all income segments, it is largest for top-income levels (above the 90th percentile), and within this segment employer concentration also has the largest explanatory power. Thus, while being an important explanatory factor for all percentiles of the local income distribution, a relatively lower employer concentration within larger cities, and vice versa, higher concentration within smaller cities, primarily help explain the variance of top wages within these cities/labor markets.

    Ratio Working Paper No. 374: The Impact of High-Skilled Migration on Productivity in Swedish Firms
    Working paperPublication
    Halvarsson, D.
    Download
    Publication year

    2024

    Published in

    Ratio Working paper series.

    Abstract

    The migration of highly skilled labor has received increasing attention due to its role in fostering innovation and productivity. This study explores the impact of foreign experts on the productivity of Swedish companies. Utilizing a difference-in-difference model with comprehensive register data from 1996 to 2015, the analysis reveals that Swedish companies hiring foreign experts experience a significant productivity increase of 6 to 11 percent within two to three years post-hiring. This effect is particularly pronounced in small and medium-sized enterprises and is slightly enhanced when excluding returning Swedish-born experts. Additionally, the study finds that both labor and capital productivity rise, along with a modest increase in wage incomes for other employees, estimated at 1.5 to 2 percent. However, the wage effects are less robust compared to productivity impacts. The findings underscore the importance of attracting foreign talent to bolster productivity. This research fills a crucial gap in the literature by focusing on the specific effects of foreign experts on total factor productivity in a small, knowledge-oriented economy like Sweden’s.

    Do gender norms travel within corporations? The impact of foreign subsidiaries on the home country’s gender wage gap
    Article (with peer review)Publication
    Halvarsson, D., Lark, O., Tingvall, P. G., Vahter, P., & Videnord, J.
    Publication year

    2024

    Published in

    Applied Economics Letters, 1-5.

    Abstract

    In this note we study how the share of workers in a corporation located in a high gender wage gap country impacts the wage gap in their home country operations. Our findings support the hypothesis that firms with strong intra-firm linkages to a high gender wage gap country also display a relatively large gender wage gap at home.

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