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The National Wealth of Sweden, 1810–2014

Author

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  • Waldenström, Daniel

    (Department of Economics, Uppsala University)

Abstract

This study presents a new database, the Swedish National Wealth Database (SNWD), which contains annual data on private, public and national wealth and sectoral saving rates in Sweden over the past two centuries. The paper reviews previous investigations of national wealth, compares their estimates with the new ones and discusses method approaches and measurement problems. Then the main data series are presented for assets and liabilities and their subcomponents, for the private and public domestic and foreign sectors. Complementing the traditional focus on economic flow variables in the past literature on long-run economic developments, this new database offers potentially new perspectives of a number of important issues in the modern economic history of Sweden.

Suggested Citation

  • Waldenström, Daniel, 2015. "The National Wealth of Sweden, 1810–2014," Working Paper Series 1088, Research Institute of Industrial Economics.
    • Handle: RePEc:hhs:iuiwop:1088
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    References listed on IDEAS

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    5. Ohlsson, Henry & Roine, Jesper & Waldenström, Daniel, 2014. "Inherited Wealth over the Path of Development: Sweden, 1810–2010," Working Paper Series 1033, Research Institute of Industrial Economics.
    6. Raymond W. Goldsmith & Robert E. Lipsey & Morris Mendelson, 1963. "Introduction to "Studies in the National Balance Sheet of the United States, Vol. 2"," NBER Chapters, in: Studies in the National Balance Sheet of the United States, Volume 2, pages 1-40, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Bastani, Spencer & Waldenström, Daniel, 2018. "How Should Capital Be Taxed? Theory and Evidence from Sweden," IZA Discussion Papers 11475, Institute of Labor Economics (IZA).
    2. John Fitzgerald & Se n Kenny & Alexandra Lopez Cermeno, 2021. "Household Behaviour in Ireland, Sweden, the US and the UK Under Rationing," Trinity Economics Papers tep1221, Trinity College Dublin, Department of Economics.
    3. Spencer Bastani & Daniel Waldenström, 2019. "Salience of Inherited Wealth and the Support for Inheritance Taxation," World Inequality Lab Working Papers hal-02877003, HAL.
    4. Jacob Lundberg & Daniel Waldenström, 2018. "Wealth Inequality in Sweden: What can we Learn from Capitalized Income Tax Data?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 64(3), pages 517-541, September.
    5. Spencer Bastani & Daniel Waldenström, 2020. "How Should Capital Be Taxed?," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 812-846, September.
    6. Erik Bengtsson & Anna Missiaia & Mats Olsson & Patrick Svensson, 2018. "Wealth inequality in Sweden, 1750–1900," Economic History Review, Economic History Society, vol. 71(3), pages 772-794, August.

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    More about this item

    Keywords

    National wealth; Household portfolios; Saving; Pension wealth; Economic history;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • N33 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: Pre-1913
    • N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-

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