Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/262151 
Year of Publication: 
2022
Series/Report no.: 
Working Paper No. 2/2022
Publisher: 
Örebro University School of Business, Örebro
Abstract: 
In this paper, we estimate trend inflation in Sweden using an unobserved components stochastic volatility model. Using data from 1995Q4 to 2021Q4 and Bayesian estimation methods, we find that trend inflation has been well-anchored during the period - although in general at a level below the inflation target - and it does not appear to have been affected much by the recent high inflation numbers.
Subjects: 
Unobserved components model
Inflation target
Bayesian estimation
JEL: 
C11
C32
C52
E32
Document Type: 
Working Paper

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