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Swedish post-war economic development. The role of age structure in a welfare state

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Abstract

There are strong life cycle patterns in practically all human behavior as well as in resources and capabilities. Variations in the age structure therefore affect all aspects of the aggregate economy. Swedish post-war development exhibit patterns of age structure effects on saving, growth, investment, current account, budget balance and inflation consistent with the dynamics of these variables in historic cycles. The deviations of actual time series from the model predictions arise with identifiable shifts in economic policy. The poor performance of the Swedish welfare state 1975-1995 can partly be explained by policies working against the underlying age structure changes.

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  • Lindh, Thomas & Malmberg, Bo, 2002. "Swedish post-war economic development. The role of age structure in a welfare state," Arbetsrapport 2003:4, Institute for Futures Studies.
    • Handle: RePEc:hhs:ifswps:2003_004
    Note: ISBN 91-89655-33-8
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    Cited by:

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    2. Österholm, Pär, 2004. "Estimating the Relationship between Age Structure and GDP in the OECD Using Panel Cointegration Methods," Working Paper Series 2004:13, Uppsala University, Department of Economics.
    3. Westholm, Erik, 2003. "Leaving Rurality Behind. Re-orientation of spatial policies in Sweden," Arbetsrapport 2003:12, Institute for Futures Studies.
    4. Ström, Sara, 2005. "Childbearing and psycho-social work life conditions in Sweden 1991-2000," Arbetsrapport 2005:13, Institute for Futures Studies.
    5. Duvander, Ann-Zofie & Ferrarini, Tommy & Thalberg, Sara, 2005. "Swedish parental leave and gender equality - Achievements and reform challenges in a European perspective," Arbetsrapport 2005:11, Institute for Futures Studies.
    6. Thalberg, Sara, 2003. "Demographic Patterns in Europe. A review of Austria, Germany, The Netherlands, Estonia, Latvia, and Lithuania," Arbetsrapport 2003:8, Institute for Futures Studies.
    7. Lundqvist, Torbjörn, 2005. "The Employers in the Swedish Model The Importance of Labour Market Competition and Organisation," Arbetsrapport 2005:2, Institute for Futures Studies.
    8. Blomquist, Sören & Christiansen, Vidar, 2004. "Welfare Enhancing Marginal Tax Rates: The Case of Publicly Provided Day Care," Arbetsrapport 2004:6, Institute for Futures Studies.
    9. Hong, Ying & Corman, Diana, 2005. "Women´s Return to Work after First Birth in Sweden during 1980-2000," Arbetsrapport 2005:19, Institute for Futures Studies.

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    More about this item

    Keywords

    age structure; Swedish post-war economic development;

    JEL classification:

    • J00 - Labor and Demographic Economics - - General - - - General

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