A new Swedish dataset is used to examine the relationships between education, experience and earnings. We focus on four issues, namely (i) the determinants of starting salaries, (ii) the relationship between post-school-investment in human capital and wage growth, (iii) the determinants of...

Using a panel of 260 Swedish municipalities over the period 1987-1996, this paper investigates the direct displacement effects of active labour market programmes (ALMPs). Compared to earlier studies on this topic, we have more and better data. From our GMM estimations, we find that (i) there are...

This paper reexamines the link between career interruptions and subsequent wages. Using a rich new Swedish dataset, we are able to disaggregate time out of work into several components. However, we find that different types of time out have different effects on wages and that these effects vary...

This paper examines two broad issues related to foreign investment by Swedish multinational corporations (MNCs): first, the effects of outward foreign direct investment on domestic investment, exports and employment, and second, the effects on the domestic economy from the increasing division of...

During the last decade most western economies have experienced large and unexpected fluctuations in consumption and savings. The purpose of this paper is to provide additional insights into the individual household's consumption decision and thereby increase the knowledge of what governs these...