Adolfson, Malin; Laséen, Stefan; Lindé, Jesper; … - In: Journal of Economic Dynamics and Control 42 (2014) C, pp. 33-49
This paper studies the trade-offs between stabilizing CPI inflation and alternative measures of the output gap in Ramses, the Riksbank׳s estimated dynamic stochastic general equilibrium (DSGE) model of a small open economy. Our main finding is that the trade-off between stabilizing CPI...
