Är ett nominellt BNP-mål lämpligt för Sverige?
Sammanfattning: The aim of this thesis is to analyze the arguments for and against different nominal GDP targets and to answer whether or not such a target might be appropriate for Sweden. My research question reads as follows: Is a nominal GDP target appropriate for Sweden? The theoretical arguments for and against nominal GDP targets have been analysed by conducting a literature study. The conclusion is that a nominal GDP price level target of 5 % might be appropriate for Sweden. It is probable that such a target would counteract bubbles during a boom and speed up economic recovery during recession. In the long run it should not lead to higher inflation. Furthermore it might be easier to communicate since raising nominal GDP does not meet the same resistance as raising inflation. The debate should be intensified and more research about alternative monetary policy rules has to be conducted.
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