2 options
Why has Swedish Inflation been Persistently Low? / Felix Hüfner = Pourquoi l'inflation suédoise est-elle restée obstinément faible ? / Felix Hüfner.
- Format:
- Book
- Government document
- Author/Creator:
- Hüfner, Felix, author.
- Series:
- OECD Economics Department Working Papers 18151973 ; no.560.
- OECD Economics Department Working Papers 18151973 ; no.560
- Language:
- English
- Subjects (All):
- Economics.
- Sweden.
- Local Subjects:
- Sweden.
- Physical Description:
- 1 online resource (22 pages).
- Other Title:
- Pourquoi l'inflation suédoise est-elle restée obstinément faible ?
- Place of Publication:
- Paris : OECD Publishing, 2007.
- System Details:
- text file
- Summary:
- Average inflation in Sweden has been one of the lowest among European countries since the mid- 1990s. Three supply-side factors help to explain this phenomenon, all related in some sense to increased global integration. First, a shift towards imports from low-cost producing countries has resulted in falling import prices. Second, deregulation and increased product market competition with foreign companies entering the market has led to price falls in some sectors, notably in retailing. Third, wage growth has lagged productivity and kept unit labour costs down. This paper reviews these factors and analyzes the policy options for the central bank. This paper relates to the OECD Economic Survey of Sweden 2007 (www.oecd.org/eco/surveys/sweden).
- Notes:
- Title from title screen (viewed May 1, 2017).
- Access Restriction:
- Restricted for use by site license.
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