أعرض تسجيلة المادة بشكل مبسط

dc.creator Holmlund, Bertil
dc.creator Alexius, Annika
dc.date 2008
dc.date.accessioned 2013-10-16T06:57:56Z
dc.date.available 2013-10-16T06:57:56Z
dc.date.issued 2013-10-16
dc.identifier Economics: The Open-Access, Open-Assessment E-Journal 2 2008-4 1-25 doi:10.5018/economics-ejournal.ja.2008-4
dc.identifier doi:10.5018/economics-ejournal.ja.2008-4
dc.identifier http://hdl.handle.net/10419/18017
dc.identifier ppn:558354181
dc.identifier http://www.economics-ejournal.org/economics/journalarticles/2008-4
dc.identifier RePEc:zbw:ifweej:6989
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18017
dc.description A widely spread belief among economists is that monetary policy has relatively short-lived effects on real variables such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of the fluctuations in unemployment are caused by shocks to monetary policy. The effects are also quite persistent. In the preferred model, almost 30 percent of the maximum effect of a shock still remains after ten years.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation economics - The Open-Access, Open-Assessment E-Journal 2008-4
dc.rights http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
dc.subject J60
dc.subject E24
dc.subject ddc:330
dc.subject Unemployment
dc.subject monetary policy
dc.subject structural VARs
dc.subject Geldpolitik
dc.subject Schock
dc.subject Arbeitslosigkeit
dc.subject Hysteresis
dc.subject Schätzung
dc.subject Schweden
dc.title Monetary Policy and Swedish Unemployment Fluctuations
dc.type doc-type:article


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أعرض تسجيلة المادة بشكل مبسط