development of today's mainstream, stochastic, but essentially Walrasian, macroeconomic theory, rooted in his explicit deployment … of econometric theory in the analysis of forward-looking maximising behaviour in 1957, and in his later work on the …

Inflation targeting was adopted by several countries, including Sweden, in the 1990s. We evaluate the Swedish inflation …, we find that the inflation targeting regime of 1995?2008 stands out as an exceptionally stable policy regime as judged by …, inflation targeting gained instant credibility in the sense that the labor market organizations entered long-term wage …

We evaluate the Swedish inflation targeting regime adopted in 1993−1995 using a novel approach based on a unique data … set on the characteristics of collective wage agreements between 1908 and 2008. We find that the inflation targeting …-makers to repeatedly commit to three-year non-indexed wage agreements. Inflation targeting gained instant credibility in the …

that is consistent with related theoretical models (e.g. efficiency wage theory, insider-outsider theory). We also find …

that is consistent with related theoretical models (e.g. efficiency wage theory, insider-outsider theory). We also find …