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This paper analyzes consumption to evaluate the distributional effects of pension reforms. Using Swedish administrative data, we show that on average workers who retire earlier consume less while retired and experience larger drops in consumption around retirement. Interpreted via a theoretical...
Persistent link: https://www.econbiz.de/10014337860
For Sweden, the UCTI and PTI indicators are in fact strongly negatively correlated and have opposite signs. If the UCTI … restricted to Sweden but concerns several other countries in the European Union …
Persistent link: https://www.econbiz.de/10014436993
We investigate the impact of financial windfalls on household portfolio choices and risk exposure. Exploiting the randomized assignment of lottery prizes in three Swedish lotteries, we find a windfall gain of $100K leads to a 5-percentage-point decrease in the risky share of household...
Persistent link: https://www.econbiz.de/10014436995
conducting a comprehensive analysis of the sharp and complete elimination of EPL that occurs at age 67 in Sweden, as well as …
Persistent link: https://www.econbiz.de/10014421222
This paper investigates to what extent the 1998 reform of Sweden's public old-age pension system contributed to the … containing all males and females born in Sweden between 1927 and 1950 and observe their retirement behavior during 1991-2012. The …
Persistent link: https://www.econbiz.de/10014421225
Within Japanese multinational firms, parent exports from Japan to a foreign region are positively related to production in that region by affiliates of that parent, given the parent's home production in Japan and the region's size and income level. This relationship is similar to that found for...
Persistent link: https://www.econbiz.de/10012471148
centralized wage setting on the industry distribution of employment. We examine Sweden's industry distribution from 1960 to 1994 … identify the rise and fall of centralized wage-setting arrangements as a major factor in the evolution of Sweden's industry … accounted for about 40 percent of U.S.-Swedish differences in the industry distribution. The dissolution of Sweden's centralized …
Persistent link: https://www.econbiz.de/10012471274