Broadly speaking the funds for Swedish academic economics research emanate from two sources: government allocations to the faculties of the universities (‘faculty grants’) and grants from a variety of research-financing bodies. Government resources are allocated for permanent or temporary positions, and to some extent also for projects of limited duration. Other research-financing bodies, on the contrary, allocate funds primarily to specific projects after application has been made, although chairs and research positions of limited duration are sometimes also created.1