Andersson, Andreas; Österholm, Pär - Nationalekonomiska Institutionen, Uppsala Universitet - 2001
. We investigate the impact of demography on the Swedish real exchange rate, measured as the real TCW index, during 1960 to … exchange rate. A model using age shares alone as regressors is used for medium term out-of-sample forecasts, outperforming both … a naive forecast and forecasts based on an autoregressive model. Finally we use the estimated model in order to make …