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Using 136 United States macroeconomic indicators from 1973 to 2017, and a factor augmented vector autoregression (FAVAR) framework with sign restrictions, we investigate the effects of three structural macroeconomic shocks - monetary, demand, and supply - on the labour market outcomes of black...
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This paper reconsiders the role of monetary policy in Sweden's strong recovery from the Great Depression. The Riksbank …, our findings suggest that Sweden avoided the worst excesses of the depression by conducting conservative rather than … innovative monetary policy. We find that, by keeping the Swedish krona undervalued to replenish foreign reserves, Sweden …
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By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the …
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Sweden has experienced a substantial increase in temporary work over the 1990s, with most of the rise occurring during … is a major factor behind the rise in temporary work in Sweden. Adverse macroeconomic conditions make firms more prone to …
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