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The purpose of this paper is to trace partisan differences among Swedish governments during the period 1958-1998. According to the Partisan Theory of macroeconomic policy left-wing governments are relatively more concerned with the performance of the real side of the economy (real output and...
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The purpose of this paper is to trace partisan differences among Swedish governments during the period 1958-2000. According to the Partisan Theory of macroeconomic policy left-wing governments are relatively more concerned with the performance of the real side of the economy (real output and...
Persistent link: https://www.econbiz.de/10005674543
A potential Swedish membership in the third stage of the EMU (the currency union) will be determined in a referendum. The opinion polls preceding this referendum show strong variability in the Swedish public opinion over the last four years. In this paper I derive a simple theoretical model and...
Persistent link: https://www.econbiz.de/10005190935
Membership in a monetary union reduces the possibilities to counteract fluctuations in productivity by monetary policy. One condition for entrance not to lead to adverse unemployment performance is that wages are flexible with respect to productivity. Here I show that, depending on workers’...
Persistent link: https://www.econbiz.de/10005190949