Abstract
This issue features four articles and a book review section. The first article in the issue is by Stefan Engström (Stockholm School of Economics) and Anna Westerberg (National Social Insurance Board) and examines “Which Individuals Make Active Decisions in the New Swedish Pension System?” The vast majority of empirical evidence on how individuals make decisions in defined contribution plans has been based on US experience and the unique choices available within 401(k) plans. Therefore, the paper by Engström and Westerberg, which examines the situation in Sweden where the institutional details and investment choices are somewhat different, is a most welcome contribution to the literature.
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