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Fredrik NG Andersson. Foto.

Fredrik N G Andersson

Docent

Fredrik NG Andersson. Foto.

The Quest for Economic Stability: A Study on Swedish Stabilization Policies 1873–2019

Författare

  • Fredrik N G Andersson

Summary, in English

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.

Avdelning/ar

  • Nationalekonomiska institutionen

Publiceringsår

2020-08-26

Språk

Engelska

Publikation/Tidskrift/Serie

Working Papers

Issue

2020:16

Dokumenttyp

Working paper

Ämne

  • Economics

Nyckelord

  • Monetary policy
  • Fiscal policy
  • Policy shocks
  • Stabilization policies
  • Financial crisis
  • E42
  • E43
  • E52
  • E62
  • E65

Status

Published