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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 Swedish

This paper explores the evolution of Swedish stabilization policies through six policy regimes between 1873 and 2019. We focus on discretionary policy decisions by estimating policy shocks using a SVAR model. Through these shocks, we explore how stabilization policies have evolved over time and how policymakers responded to key economic events such as financial crises and wars. Our results show three key results i) policies are often a source of destabilization rather than stabilization, ii) regimes are designed for a specific time and ends when economic circumstances change, and iii) fixed exchange rates worsen the economic effects of financial crises.

Avdelning/ar

  • Nationalekonomiska institutionen

Publiceringsår

2023-05-15

Språk

Engelska

Sidor

128-156

Publikation/Tidskrift/Serie

Scandinavian Economic History Review

Volym

71

Issue

2

Dokumenttyp

Artikel i tidskrift

Förlag

Routledge

Ämne

  • Economics
  • Economic History

Nyckelord

  • monetary policy
  • Fiscal Policy
  • policy shocks
  • Sweden
  • stabilization policy
  • Financial crisis
  • stabilization policy
  • monetary policy
  • fiscal policy
  • inflation
  • recession
  • financial crisis
  • Sweden
  • E42
  • E43
  • E52
  • E58
  • E62
  • E65

Status

Published

ISBN/ISSN/Övrigt

  • ISSN: 1750-2837