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Magnus Henrekson

Research Institute of Industrial Economics, Sweden

IZA World of Labor role

Author

Current position

Professor and President, Research Institute of Industrial Economics (IFN), Sweden

Research interest

Entrepreneurship, economic growth, public choice, structural change, new institutional economics

Website

https://www.ifn.se/en/researchers/ifn-researcher/magnus-henrekson/

Positions/functions as a policy advisor

Chairman of the Scientific Evaluation Committee for the Social Sciences, Ragnar Söderberg Foundation, 2009–2010

Past positions

Jacob Wallenberg Professor of Economics, Department of Economics, Stockholm School of Economics, Sweden, 2000–2009

Qualifications

PhD Economics, University of Gothenburg, 1990

Selected publications

  • ”Growth effects of European economic integration.” European Economic Review 41:8 (1997) (with J. Torstensson and R. Torstensson).

  • ”Growth effects of government expenditure and taxation in rich countries.” European Economic Review 45:8 (2001) (with S. Fölster).

  • “The effects on sick leave of changes in the sickness insurance system.” Journal of Labor Economics 20:1 (2004) (with M. Persson).

  • “Bottom-up vs. top-down policies towards the commercialization of university intellectual property.” Research Policy 32:4 (2003) (with B. Goldfarb).

  • “Tax effects on work activity, industry mix and shadow economy size: Evidence from rich-country comparisons.” In: Goméz-Salvador, R., A. Lamo, B. Petrongolo, M. Ward, and E. Wasmer (eds). Labour Supply and Incentives to Work in Europe. Aldershot: Edward Elgar, 2005 (with S. J. Davis).

article(s)

  • How labor market institutions affect job creation and productivity growth Updated

    Key labor market institutions, and the policies that shape them, affect the restructuring that leads to economic growth

    Magnus Henrekson, January 2020
    Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and failing firms. Growth-favoring labor market institutions include portable pension plans and other job tenure rights, health insurance untied to the current employer, individualized wage-setting, and public income insurance systems that encourage mobility and risk-taking in the labor market.
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