01795cas a2200241 a 4500 AALejournalIMF018073 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484329665 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Sweden : Selected Issues. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (35 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper analyzes the high household savings in Sweden. Preliminary evidence suggests that the large increase in savings after the financial crisis may reflect the rising cost of elder care. Econometric analysis appears to confirm anecdotal explanations that extended life expectancy and a preference for higher-quality residential care have contributed to higher savings. Further analysis using more granular data is needed to test alternative hypotheses for the rise in household savings. Anecdotal reports also indicate that parental assistance in young people's home purchases could be behind the increased saving and serves as an additional bequest motive. Investigating this possibility would benefit significantly from household level data. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/351 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/351/002.2017.issue-351-en.xml IMF e-Library