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This paper assesses the properties of survey-based inflation expectations in Sweden. The survey is conducted by Prospera once every quarter and consists of respondents from businesses and labour-market organisa-tions. The paper shows that inflation expectations measured in this sur-vey tend to...
Persistent link: https://www.econbiz.de/10008563377
This paper attempts to explain Common Agricultural Policy (CAP) subsidies to farmers by the in.uence of farmer interest-groups with an EU-wide membership (so called Euro-groups). The analysis is based on panel-data for .fteen commodities over the period 1986-2003. Because the CAP is set as an...
Persistent link: https://www.econbiz.de/10005197998
This paper uses the Bresnahan-Lau framework to analyze whether policy reforms specifically affecting Swedish dairy cooperatives, i.e. the two-price system (an input quota, 1986-1991) and the general deregulation of dairy policy (1991-1994), had any market power effects on the Swedish butter...
Persistent link: https://www.econbiz.de/10005651986
In this paper, we evaluate survey-based wage-growth expectations in Sweden. Results show that the expectations are neither unbiased nor efficient forecasts. Evaluating out-of-sample forecasting performance, we find that the survey participants generally perform worse than a con-stant forecast...
Persistent link: https://www.econbiz.de/10008677921
We evaluate survey-based wage-growth expectations and find that they are neither unbiased nor efficient forecasts. Concerning out-of-sample forecast precision, survey participants generally perform worse than a constant forecast. Caution should accordingly be exercised when relying on these data...
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