TY  - GEN
T1  - Money and Swedish inflation reconsidered
A1  - Belke,Ansgar
A1  - Polleit,Thorsten
Y1  - 2007/07/16
N2  - Analysing the role of money for Swedish inflation, we apply a single equation ?PStar? model and a structural VECM for the period of the late 1980 to the beginning of 2005. Against the background of theoretical and empirical considerations, we find that money ? when measured by the ?price gap? or, alternatively, the ?money overhang? ? has a statistically significant impact on future price movements. The results suggest that money should play a systematic role in monetary policy making in Sweden compared with the status quo.
KW  - Inflation Targeting
KW  - P-Stern-Modell
KW  - Schweden
CY  - Hohenheim
PB  - Kommunikations-, Informations- und Medienzentrum der Universität Hohenheim
AD  - Garbenstr. 15, 70593 Stuttgart
UR  - http://opus.uni-hohenheim.de/volltexte/2007/200
ER  -