Trend inflation in Sweden

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 2/2022

Classification and Topics

• Classification: Wirtschaft ; Bayesian Analysis: General ; Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models ; Model Evaluation, Validation, and Selection ; Business Fluctuations; Cycles
• Subject: Unobserved components model ; Inflation target ; Bayesian estimation

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Österholm, Pär ; Poon, Aubrey
• Event: Veröffentlichung
• (who): Örebro University School of Business
• (where): Örebro
• (when): 2022

Further information

• Handle: http://hdl.handle.net/10419/262151
• Last update: 10.03.2025, 11:44 AM CET