Essays about: "sebastjan wassermeyer"
Found 1 essay containing the words sebastjan wassermeyer.
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1. Estimating the Swedish Phillips Relationship in a Markov-Switching Vector Autoregression
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : The Swedish Phillips relationship was recently examined by Svensson (2015), who found that the long-run trade-off is downward-sloping. Hence, there is an unemployment cost of inflation. He argues that this has occurred because inflation expectations are anchored to the inflation target, while average inflation has deviated from the target. READ MORE
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