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The Quest for Econo...
The Quest for Economic Stability: A Study on Swedish Stabilization Policies 1873–2019
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- Andersson, Fredrik N G (author)
- Lund University,Lunds universitet,Nationalekonomiska institutionen,Ekonomihögskolan,Department of Economics,Lund University School of Economics and Management, LUSEM
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(creator_code:org_t)
- 2020
- English 37 s.
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Series: Working Papers
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Abstract
Subject headings
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- There is a never-ending quest for a stable economy with full employment and low inflation. Economists have suggested and policymakers have experimented with different fiscal and monetary policy regimes since at least the beginning of the industrial revolution. In this paper, we study Swedish stabilization policies through six policy regimes between 1873 and 2019. We focus on discretionary stabilization policies by estimating policy shocks. We then explore how Swedish stabilization policies have evolved over time through these shocks: how different institutional setups affected the policies and how policymakers responded to key economic events such as financial crises and wars.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- Monetary policy
- Fiscal policy
- Policy shocks
- Stabilization policies
- Financial crisis
- E42
- E43
- E52
- E62
- E65
Publication and Content Type
- ovr (subject category)
- vet (subject category)
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