Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/260308 
Year of Publication: 
2020
Series/Report no.: 
Working Paper No. 2020:16
Publisher: 
Lund University, School of Economics and Management, Department of Economics, Lund
Abstract: 
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.
Subjects: 
monetary policy
fiscal policy
policy shocks
stabilization policies: financial crisis
JEL: 
E42
E43
E52
E58
E62
E65
Document Type: 
Working Paper

Files in This Item:
File
Size
439.48 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.