This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Simulating the Future Pension Wealth and Retirement Saving in Sweden

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Röstberg, Anna () (Uppsala University)
Andersson, Björn () (Sveriges Riksbank)
Lindh, Thomas () (Institute for Futures Studies)

Additional information is available for the following registered author(s):

Abstract

In this paper the wealth consequences of the Swedish pension system in the transition from a defined benefit to notional defined contribution system are simulated with almost exact institutional detail, using life cycle profiles estimated from detailed longitudinal micro data. Projected wealth, including different types of pension wealth, are computed and compared between cohorts, gender, wealth deciles and occupational categories. Consistent saving rates and replacement rates allowing consumption to stay constant after retirement are computed. Two different macroeconomic scenarios are considered, one using stylised values for growth, inflation etc. and another using demographically based forecasts. Some conclusions are that the cohorts born in the 1940s are relatively favoured, and so are the wealthiest deciles. Stylised macro assumptions yield more optimistic wealth projections than those corresponding to demographically based projections.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.framtidsstudier.se/filebank/files/20051201$134845$fil$M2XfqcUFZc1kH7pyAXT7.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by Institute for Futures Studies in its series Arbetsrapport with number 2005:6.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 59 pages
Date of creation: Sep 2004
Date of revision:
Handle: RePEc:hhs:ifswps:2005_006

Note: ISSN 1652-120X ISBN 91-89655-64-8
Contact details of provider:
Postal: Institute for Futures Studies, Box 591, SE-101 31 Stockholm, Sweden
Phone: 08-402 12 00
Fax: 08-24 50 14
Email:
Web page: http://www.framtidsstudier.se
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Taeda Tomic).

Related research
Keywords: Future Pension Wealth; Retirement Saving in Sweden;

Find related papers by JEL classification:
G23 - Financial Economics - - Financial Institutions and Services - - - Pension Funds; Other Private Financial Institutions
H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped

This paper has been announced in the following NEP Reports:

Statistics
Access and download statistics

Did you know? IDEAS is also providing many rankings, for example of authors and institutions.

This page was last updated on 2009-12-8.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.