Search: onr:"swepub:oai:DiVA.org:uu-2503" >
Exchange rate regim...
Exchange rate regimes and macroeconomic stability : the case of Sweden 1972-1996
-
- Bergvall, Anders (author)
- Uppsala universitet,Nationalekonomiska institutionen
-
(creator_code:org_t)
- ISBN 9934127938
- Uppsala : Nationalekonomiska institutionen, 2000
- English 35 s.
-
Series: Working paper, 0284-2904
- Related links:
-
https://urn.kb.se/re...
Abstract
Subject headings
Close
- In this paper I investigate the relevance of the exchange rate regime for macroeconomic stability. I simulate hypothetical macroeconomic developments under different regimes in Sweden during the period 1972 -1996. The main question is how stable output would have been if Sweden had had a floating exchange rate regime. Would it have been better with a floating exchange rate than the actual quasi-fixed regime? Also the development with an irrevocably fixed exchange rate is investigated. The results indicate that the central bank can stabilize much of the macroeconomic disturbances under a floating exchange rate, but still the volatility of the macroeconomic variables under the hypothetical floating exchange rate regime is about the same as under the actual quasi-fixed regime.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- Economics
- Nationalekonomi
- Economics
- Nationalekonomi
Publication and Content Type
- vet (subject category)
- rap (subject category)
Find in a library
To the university's database