Adolfson, Malin; Laséen, Stefan; Lindé, Jesper; … - 2007
policy rule corresponds to
a large extent to those in Adolfson et al. (2005b) on Euro area data. There are, however, some …. (2005b). The
choice is based on the fact that Sweden is a much smaller economy than the Euro area and is
therefore … also import prices are substantially more volatile
than what is observed for the Euro area.
We choose identical priors for …