Economics, Econometrics and Finance
4 years ago

Swedish Unemployment Shaped by Monetary Policy, Effects Lasting for Decades

SSRN Electronic Journal
Monetary Policy and Swedish Unemployment Fluctuations
Annika Alexius, Bertil Holmlund

Paper Summary

Related papers

Economics, Econometrics and Finance
2 years ago

Monetary expansion drives inflation in Italy, unemployment impact insignificant.

Development in Italy
Macroeconomic Trends
Monetary Models
2 views
Theme background image
Social Sciences
4 years ago

Reducing Unemployment in Australia: Lower Wages or Economic Growth?

Vocational Education
Okun's Law
Labor Dynamics
1 view
Economics, Econometrics and Finance
6 years ago

Negative interest rates may worsen unemployment, challenging traditional economic theories.

Macroeconomic Trends
Monetary Models
Political Economy
2 views

Monetary policy in Sweden has a significant impact on unemployment rates. Research shows that about 30% of changes in unemployment are due to monetary policy shocks. These effects can last for a long time, with nearly 30% of the initial impact still present after ten years. This suggests that monetary policy can have lasting effects on unemployment in countries with strict labor market regulations.