Primary research interest: Political Economics, Public Choice, Financial Stability
Primary research interest: Political Economics, Public Choice, Financial Stability
Secondary research interest: Corporate Finance, Industrial Organization, Innovation
My Google Scholar is here
Karreskog Rehbinder, G., Kärnä, A., Meriläinen, J.,& Norell, J. (Forthcoming). Between Scylla and Charybdis: The Trade-Offs of Coalition Formation under Radical-Right Pressure. Economica
Bergh, A., & Kärnä, A. (Forthcoming). A hangover like any other: the cost of ruling for populist parties. Public Choice
Kärnä, A., & Myers, S. (2025). Plundered or profitably pumped-up? The effects of private equity takeover. Economics Letters, 247, 112054.
Andersson, F. W., Jordahl, H., & Kärnä, A. (2024). Ballooning bureaucracy? Stylized facts of growing administration in Swedish higher education. Constitutional Political Economy, 35(2), 303-326.
Johansson, C., Kärnä, A., & Meriläinen, J. (2023). Vox populi, vox dei? Tacit collusion in politics. Economics & Politics, 35(3), 752-772.
Kärnä, A., & Öhberg, P. (2023). Misrepresentation and migration. Kyklos, 76(4), 503-525.
Kärnä, A., Karlsson, J., Engberg, E., & Svensson, P. (2023). Political failure: A missing piece in innovation policy analysis. Economics of Innovation and New Technology, 32(7), 1037-1068.
Bergh, A., & Kärnä, A. (2022). Explaining the rise of populism in European democracies 1980–2018: The role of labor market institutions and inequality. Social Science Quarterly, 103(7), 1719-1731.
Kärnä, A., & Stephan, A. (2022). Do firms in rural regions lack access to credit? Local variation in small business loans and firm growth. Regional studies, 56(11), 1919-1933.
Henrekson, M., Kärnä, A., & Sanandaji, T. (2022). Schumpeterian entrepreneurship: Coveted by policymakers but impervious to top-down policymaking. Journal of Evolutionary Economics, 32(3), 867-890.
Kärnä, A., Manduchi, A., & Stephan, A. (2021). Distance still matters: Local bank closures and credit availability. International Review of Finance, 21(4), 1503-1510.
Bergh, A., & Kärnä, A. (2021). Globalization and populism in Europe. Public Choice, 189(1), 51-70. Errata.
Kärnä, A. (2021). Take it to the (public) bank: The efficiency of public bank loans to private firms. German Economic Review, 22(1), 27-62.
Gustafsson, A., Tingvall, P. G., & Halvarsson, D. (2020). Subsidy entrepreneurs: An inquiry into firms seeking public grants. Journal of Industry, Competition and Trade, 20(3), 439-478.
Gustafsson, A. (2019). Busy doing nothing: why politicians implement inefficient policies. Constitutional Political Economy, 30(3), 282-299.
Bergh, A., Erlingsson, G., Gustafsson, A., & Wittberg, E. (2019). Municipally owned enterprises as danger zones for corruption? How politicians having feet in two camps may undermine conditions for accountability. Public Integrity, 21(3), 320-352.
Gustafsson, A., Stephan, A., Hallman, A., & Karlsson, N. (2016). The “sugar rush” from innovation subsidies: a robust political economy perspective. Empirica, 43(4), 729-756.
Kärnä, A., & Svensson, K. Ö. (2025). Predicting credit deterioration: Internal default models versus lending rates. Sveriges Riksbank Working Paper Series No. 458.
Gunnarsson, E., Kärnä, A., Olsson, M., & Persson, L. (2023). Family firms: In all shapes and sizes. IFN Working Paper 1461.
Frykström, N., Kärnä, A., Winstrand J., & Östling Svensson, K. Företagskonkurser och kreditförluster i svenska banker. Ekonomisk kommentar, 2025.
Andersson, M., Kärnä, A., Samantha M. Private equity in Sweden: a financial stability perspective. Sveriges Riksbank Staff Memo, 2025.
Bergh, A., & Kärnä, A. Economic Freedom and Populism. In Handbook of Research on Economic Freedom, edited by Niclas Berggren, Edward Elgar Publishing, 2024.
Müller, D., Kärnä, A., Norbäck. P-J., Olsson, M., & Persson, L. Familjeföretagens betydelse för motståndskraften och omställningskraften i näringslivet. Ekonomisk Debatt, 50(7): 14-26. (with)
Kärnä, A. Allt fler högutbildade administratörer på universiteten – avlastning eller belastning? SNS Analys 87 , 2022
Johansson, C,. Kärnä, A., & Meriläinen, J. Politiska karteller och Sverigedemokraternas framgång. In Folkviljans förverkligare, edited by Patrik Öhberg, Henrik Oscarsson & Jakob Ahlbom, Gothenburg University Press, 2022.
Backman, M. & Gustafsson, A. Statens roll i näringslivets kapitalbildning. In Entreprenörskap för en levande landsbygd, edited by Karl Wennberg, Familjen Kamprads stiftelse, 2019.
Gustafsson, A. & Stephan, A. Påverkar närvaron av bankkontor de lokala företagens kredittillgång? Tillväxtanalys PM 2019:11.
Gustafsson, A & Tano, S. Utvärdering av RUT-avdraget – effekter på företagens tillväxt och överlevnad. Tillväxtanalys PM 2019:08.
Gustafsson, A. Industrial policy: Political considerations, payoffs, and peculiar incentives. Doctoral dissertation, JIBS Dissertation Series No. 125, Jönköping International Business School, Jönköping University, 2018.