Sökning: "Sebastjan Wassermeyer"

Hittade 1 uppsats innehållade orden Sebastjan Wassermeyer.

  1. 1. Estimating the Swedish Phillips Relationship in a Markov-Switching Vector Autoregression

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Författare :Svante Midander; Sebastjan Wassermeyer; [2015]
    Nyckelord :Markov-switching; Phillips curve; Vector autoregression; Inflation expectations; Non-linear time series models;

    Sammanfattning : The Swedish Phillips relationship was recently examined by Svensson (2015), who found that the long-run trade-off is downward-sloping. Hence, there is an unemployment cost of inflation. He argues that this has occurred because inflation expectations are anchored to the inflation target, while average inflation has deviated from the target. LÄS MER