This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age was 60 years of age. Estimating the effect of the...

In this paper we explore the composition of students, the study length towards diploma, and examine the likelihood of diploma, all with respect to parenthood. Few get children while enrolled in higher education, nevertheless one fourth of female university students in Sweden has children. In...

For the purpose of studying the consequences of the ageing of the Swedish population a group of scientists have enlarged the microsimulation model SESIM - originally developed at the Swedish Ministry of Finance - with modules that simulate health status, take up of sickness benefits, retirement,...

Process benefit scores indicates that time with own children is preferred before all other activities, closely followed by market work. The trade-off between parents’ time with their own kids and market work, and its dependence on out-of-home day-care is analyzed in a simultaneous equation...

Many Western countries with an aging population consider reforms of their pay-as-you-go pension systems. In Sweden a new pension system has already been decided and implemented. This paper gives a brief background to the Swedish reforms in the 1990s and explains the structure of the new system.

This paper examines the synchronous leisure of spouses and the extent to which spouses spend time together. The time budget data set used in this paper allows for a distinction between simultaneous time-use of spouses and the actual time that spouses meet. A comparison between couples and...

We model retirement behavior in Sweden during the 1990ies with focus on voluntary early retirement where there is an option for “buy-outs”. An employer can offer the employees generous pension programs if the employee agrees on early retirement. Earlier studies have neglected such offers,...

Reviewing trends in the Swedish distribution of wealth it is demonstrated that the baby-boom cohorts have become relatively wealthy, both in terms of private wealth and in claims on the pension system. Results from a simulation model suggest that the elderly in the future will no longer belong...

In practical applications of micro simulation models very little is usually known about the properties of the simulated values. This paper argues that we need to apply the same rigorous standards for inference in micro simulation work as in scientific work generally. If not, then micro...

Micro-simulation is an approach to analyze the impact of economic and social policy on the distribution of target variables, not just on the means. It easily includes the true policy instruments and handles highly nonlinear relations. Most models currently used in policy analysis are static and...