IDEAS home Printed from https://ideas.repec.org/a/sae/ecoind/v25y2004i3p411-445.html

An Analysis of Wage-Earner Funds in Sweden: Distinguishing Myth from Reality

Author

Listed:
  • Philip Whyman

    (University of Central Lancashire)

Abstract

This article analyses the performance of one of the most innovative ‘experiments’ in the extension of infiuence over the economic sphere, namely the Swedish wage-earner funds (WEFs). It examines the ability of the WEFs to pursue economic democratization in terms of macroeconomic, .nancial and democratic objectives. Results are mixed, with favourable .nancial and macroeconomic performance constrained by the limited size of the scheme, whereas employee infiuence through shareholding was inconsistent and of little significance. Nevertheless, WEF performance has legitimized collective investment funds as a potential instrument of economic democratization, while demonstrating that pursuit of social goals need not undermine allocative efficiency.

Suggested Citation

  • Philip Whyman, 2004. "An Analysis of Wage-Earner Funds in Sweden: Distinguishing Myth from Reality," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 25(3), pages 411-445, August.
    • Handle: RePEc:sae:ecoind:v:25:y:2004:i:3:p:411-445
    DOI: 10.1177/0143831X04044833
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0143831X04044833
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0143831X04044833?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bruno Amoroso & Jesper Jespersen, 1992. "Macroeconomic Theories and Policies for the 1990s," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-11639-3, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Warner, Neil, 2025. "What is it actually about?' Asymmetric mobilisation and the defeat of wage-earner fund policies in Sweden," LSE Research Online Documents on Economics 127873, London School of Economics and Political Science, LSE Library.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      Keywords

      ;
      ;
      ;
      ;
      ;

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ecoind:v:25:y:2004:i:3:p:411-445. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.ekhist.uu.se/english.htm .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.