Economic Performance and Work Activity in Sweden after the Crisis of the Early 1990s

Steven J. Davis, Magnus Henrekson

NBER Working Paper No. 12768
Issued in December 2006

---- Acknowledgments ----

We thank Robin Douhan, Martin Floden, Tino Sanandaji and participants in the September 2006 SNS/NBER Conference on "Reforming the Welfare State" for helpful comments, Erik Hurst for assistance with the American Time Use Survey, and Richard Rogerson for data on hours worked in a number of countries. Robin Douhan, Martin Olsson and Per Thulin provided excellent research assistance. We gratefully acknowledge financial support from the Jan Wallander and Tom Hedelius Foundation. Needless to say, we are responsible for any remaining errors and shortcomings. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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