Jonung, Lars; Schuknecht, Ludger; Tujula, Mika - Center for Financial Studies - 2006
This paper compares the boom-bust cycle in Finland and Sweden 1984-1995 with the average boom-bust pattern in … time series examined. Second, the bust and the recovery in the two Nordic countries differ markedly more from the … explain the highly volatile character of the Finnish and Swedish boom-bust episode by the design of economic policies in the …