A data set consisting of 25 forecasts (1999–2005) by Sveriges Riksbank (RB) and 18 forecasts (2001–2005) by Konjunkturinstitutet (KI) for Swedish inflation rates measured as CPI and KPIX.

What determines the structure of labour market institutions? I argue that <p> common explanations based on rent seeking are incomplete. Unions, job <p> protection, and egalitarian pay structures may have as much to do with social <p> insurance of otherwise uninsurable risks as with rent seeking. In...</p></p></p>