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Holmlund, Bertil
Alternative names
Publications (10 of 52) Show all publications
Holmlund, B. (2018). Estimating matching functions when recruiting intensity matters. Applied Economics Letters, 25(17), 1212-1217
Open this publication in new window or tab >>Estimating matching functions when recruiting intensity matters
2018 (English)In: Applied Economics Letters, ISSN 1350-4851, E-ISSN 1466-4291, Vol. 25, no 17, p. 1212-1217Article in journal (Refereed) Published
Abstract [en]

The article estimates matching functions - the relationships between new hires, job vacancies and unemployment - using monthly time series data for Sweden. The data contain rich information on types of job vacancies which provides information on firms' recruiting efforts. The analysis shows that the aggregate flow of new hires is well explained by an augmented version of a standard matching function that incorporates data on firms' recruiting intensity.

Place, publisher, year, edition, pages
ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2018
Keywords
Unemployment, vacancies, job matching
National Category
Economics
Identifiers
urn:nbn:se:uu:diva-361001 (URN)10.1080/13504851.2017.1412066 (DOI)000437327300007 ()
Funder
Forte, Swedish Research Council for Health, Working Life and Welfare
Available from: 2018-09-26 Created: 2018-09-26 Last updated: 2018-09-26Bibliographically approved
Bengtsson, N., Holmlund, B. & Waldesntröm, J. (2016). Lifetime versus Annual Tax-and-Transfer Progressivity: Sweden, 1968-2009. Scandinavian Journal of Economics, 118(4), 619-645
Open this publication in new window or tab >>Lifetime versus Annual Tax-and-Transfer Progressivity: Sweden, 1968-2009
2016 (English)In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 118, no 4, p. 619-645Article in journal (Refereed) Published
Abstract [en]

In this paper, we analyze the evolution of tax-and-transfer progressivity in Sweden over both annual and lifetime horizons. Using a rich micro panel covering the period 1968-2009, we calculate tax rates over a cohort's entire working life cycle. Our main finding is that taxes are considerably less progressive over the lifetime than in any single year. Social insurance transfers to transitory low-income earners account for most of this result. We offer a number of robustness checks of the measurement of lifetime incomes and progressivity, but none of them changes our overall findings.

Keywords
Income distribution, lifetime income, redistributive effect, tax progressivity, transfers
National Category
Economics
Identifiers
urn:nbn:se:uu:diva-312690 (URN)10.1111/sjoe.12160 (DOI)000388302200001 ()
Funder
The Jan Wallander and Tom Hedelius FoundationRiksbankens Jubileumsfond
Available from: 2017-01-12 Created: 2017-01-12 Last updated: 2017-11-29Bibliographically approved
Ek, S. & Holmlund, B. (2015). Part-time unemployment and optimal unemployment insurance. International Tax and Public Finance, 22(2), 201-223
Open this publication in new window or tab >>Part-time unemployment and optimal unemployment insurance
2015 (English)In: International Tax and Public Finance, ISSN 0927-5940, E-ISSN 1573-6970, Vol. 22, no 2, p. 201-223Article in journal (Refereed) Published
Abstract [en]

A significant fraction of the labor force consists of employed workers who are part-time unemployed (underemployed) in the sense that they are unable to work as much as they prefer. This paper studies the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part-time work provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part-timers reduce the outflow from part-time work to full-time employment. However, such benefits also increase the outflow from unemployment to part-time work, thereby reducing unemployment. We examine the optimal structure of benefits for unemployed and underemployed workers. The results indicate that there are welfare gains from part-time benefits. Moreover, there are welfare gains associated with time limits for unemployment benefits as well as for part-time benefits. The welfare gains from optimal insurance are larger when wages are fixed than when they are flexible.

Keywords
Job search, Part-time unemployment, Unemployment insurance
National Category
Economics
Identifiers
urn:nbn:se:uu:diva-258830 (URN)10.1007/s10797-013-9301-0 (DOI)000351135400002 ()
Available from: 2015-07-23 Created: 2015-07-20 Last updated: 2022-01-28Bibliographically approved
Björklund, A., Edin, P.-A., Fredriksson, P., Holmlund, B. & Wadensjö, E. (2014). Arbetsmarknaden. Studentlitteratur AB
Open this publication in new window or tab >>Arbetsmarknaden
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2014 (Swedish)Book (Other academic)
Place, publisher, year, edition, pages
Studentlitteratur AB, 2014
National Category
Economics
Identifiers
urn:nbn:se:uu:diva-235957 (URN)
Available from: 2014-11-12 Created: 2014-11-12 Last updated: 2022-01-28
Bengtsson, N., Edin, P.-A. & Holmlund, B. (2014). Löner, sysselsättning och inkomster – ökar klyftorna i Sverige?.
Open this publication in new window or tab >>Löner, sysselsättning och inkomster – ökar klyftorna i Sverige?
2014 (Swedish)Report (Other academic)
Series
Finanspolitiska rådet ; 2014/1
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:uu:diva-235811 (URN)
Available from: 2014-11-11 Created: 2014-11-11 Last updated: 2018-06-18
Holmlund, B. (Ed.). (2014). Nobel lectures in economic sciences (2006-2010). World Scientific Publishing Co.
Open this publication in new window or tab >>Nobel lectures in economic sciences (2006-2010)
2014 (English)Collection (editor) (Other (popular science, discussion, etc.))
Abstract [en]

In 1968, Sveriges Riksbank (Sweden’s central bank) established the Prize in Economic Sciences in Memory of Alfred Nobel, founder of the Nobel Prize. The Prize in Economic Sciences is awarded by the Royal Swedish Academy of Sciences, Stockholm, according to the same principles as for the Nobel Prizes that have been awarded since 1901. This volume is a collection of the Nobel lectures delivered by the prizewinners, together with their biographies and the presentation speeches, for the period 2006-2010.

Place, publisher, year, edition, pages
World Scientific Publishing Co., 2014. p. 359
National Category
Economics and Business
Identifiers
urn:nbn:se:uu:diva-306099 (URN)10.1142/9337 (DOI)2-s2.0-84988603074 (Scopus ID)9789814635585 (ISBN)9789814630184 (ISBN)
Available from: 2016-10-25 Created: 2016-10-24 Last updated: 2016-10-25Bibliographically approved
Fredriksson, P. & Holmlund, B. (2014). Svensk arbetsmarknad. In: Lars Hultkrantz och Hans Tson Söderström (Ed.), Marknad och politik: . Studentlitteratur AB
Open this publication in new window or tab >>Svensk arbetsmarknad
2014 (Swedish)In: Marknad och politik / [ed] Lars Hultkrantz och Hans Tson Söderström, Studentlitteratur AB, 2014Chapter in book (Other academic)
Place, publisher, year, edition, pages
Studentlitteratur AB, 2014
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:uu:diva-235956 (URN)
Available from: 2014-11-12 Created: 2014-11-12 Last updated: 2014-11-13
Holmlund, B. (2014). What do labor market institutions do?. Labour Economics, 30(SI), 62-69
Open this publication in new window or tab >>What do labor market institutions do?
2014 (English)In: Labour Economics, ISSN 0927-5371, E-ISSN 1879-1034, Vol. 30, no SI, p. 62-69Article in journal (Refereed) Published
Abstract [en]

The past couple of decades have seen a huge increase in research on various labor market institutions. This paper offers a brief overview and discussion of research on the labor market impacts of minimum wages (MW), unemployment insurance (UI), and employment protection legislation (EPL). It is argued that research on UI is largely a success story, involving a fruitful interplay between search theory and empirical work. This research has established that UI matters for labor market behavior, in particular the duration of unemployment, although there remains substantial uncertainty about the magnitudes of the effects. The research on MW should have shaken economists' belief in the competitive labor market model as a result of frequent failures to find noticeable employment effects despite considerable effects on wages. EPL research has established that employment protection reduces labor and job turnover but the jury is still out regarding the impact on overall employment and productivity.

National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:uu:diva-235810 (URN)10.1016/j.labeco.2014.06.007 (DOI)000345180700014 ()
Available from: 2014-11-11 Created: 2014-11-11 Last updated: 2017-12-05Bibliographically approved
Holmlund, B. (2013). Wage and employment determination in volatile times: Sweden 1913-1939. Cliometrica, 7(2), 131-159
Open this publication in new window or tab >>Wage and employment determination in volatile times: Sweden 1913-1939
2013 (English)In: Cliometrica, ISSN 1863-2505, E-ISSN 1863-2513, Vol. 7, no 2, p. 131-159Article in journal (Refereed) Published
Abstract [en]

The paper studies wage and employment determination in the Swedish business sector from the mid-1910s to the late 1930s. This period includes the boom and bust cycle of the early 1920s as well as the Great Depression of the early 1930s. The events of the early 1920s are particularly intriguing, involving inflation running at an annual rate of 30 percent followed by a period of sharp deflation where nominal wages and prices fell by 30 percent and unemployment increased from 5 to 30 percent. We examine whether relatively standard wage and employment equations can account for the volatile economic development during the interwar years. By and large, the answer is a qualified yes. Industry wages were responsive to industry-specific firm performance, suggesting a significant role for "insider forces" in wage determination. Unemployment had a strong downward impact on wages. There is evidence that reductions in working time added to wage pressure; yet, estimates of labor demand equations suggest that cuts in working time may have slightly increased employment as firms substituted workers for hours per worker.

Keywords
Wage determination, Labor demand, Interwar labor markets
National Category
Social Sciences
Identifiers
urn:nbn:se:uu:diva-200663 (URN)10.1007/s11698-012-0084-9 (DOI)000318174400002 ()
Available from: 2013-06-03 Created: 2013-06-03 Last updated: 2017-12-06Bibliographically approved
Holmlund, B. (2013). What do labor market institutions do?. Uppsala
Open this publication in new window or tab >>What do labor market institutions do?
2013 (English)Report (Other academic)
Abstract [en]

The past couple of decades have seen a huge increase in research on various labor marketinstitutions. This paper offers a brief overview and discussion of research on the labor marketimpacts of minimum wages (MW), unemployment insurance (UI), and employmentprotection legislation (EPL). It is argued that research on UI is largely a success story,involving a fruitful interplay between search theory and empirical work. This research hasestablished that UI matters for labor market behavior, in particular the duration ofunemployment, although there remains substantial uncertainty about the magnitudes of theeffects. The research on MW should have shaken economists’ belief in the competitive labormarket model as a result of frequent failures to find noticeable employment effects despiteconsiderable effects on wages. EPL research has established that employment protectionreduces labor and job turnover but the jury is still out regarding the impact on overallemployment and productivity.

Place, publisher, year, edition, pages
Uppsala: , 2013. p. 25
Series
Working paper / Department of Economics, Uppsala University (Online), ISSN 1653-6975 ; 2013:23
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:uu:diva-211713 (URN)
Available from: 2013-11-29 Created: 2013-11-29 Last updated: 2013-11-29Bibliographically approved
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