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

Thomas Lindh and Bo Malmberg ()
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Bo Malmberg: Institute for Futures Studies, Postal: Institute for Futures Studies, Box 591, SE-101 31 Stockholm, Sweden, http://www.framtidsstudier.se

No 2003:4, Arbetsrapport from Institute for Futures Studies

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.

Keywords: age structure; Swedish post-war economic development (search for similar items in EconPapers)
JEL-codes: J00 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2002-08
Note: ISBN 91-89655-33-8
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:ifswps:2003_004

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