Edvinsson, Rodney; Karlsson, Sune; Österholm, Pär - 2023
- consisting of annual Swedish data on money growth and inflation ranging from 1620 to 2021 - and employ state-of-the-art Bayesian … estimation methods. Specifically, we employ VAR models with drifting parameters and stochastic volatility which are used to … power for inflation or, put differently, whether money growth Granger causes inflation. We use a historical dataset …
