Scandinavian Working Papers in Economics

Working Papers,
National Institute of Economic Research

No 115: In Search of a Method for Measuring the Output Gap of the Swedish Economy

Göran Hjelm () and Kristian Jönsson
Additional contact information
Göran Hjelm: National Institute of Economic Research, Postal: National Institute of Economic Research, P.O. Box 3116, SE-103 62 Stockholm, Sweden
Kristian Jönsson: National Institute of Economic Research

Abstract: This paper describes and evaluates measures of trend (or potential) output in order to improve the measuring and understanding of the current state of the Swedish economy. The target group of the paper is primarily policy makers and analysts in Sweden and international organisations who study the Swedish economy and give recommendations concerning appropriate stabilization policies. The views expressed are those of the authors and do not necessarily represent the ones of neither the National Institute of Economic Research nor the Ministry of Finance.

89 pages, February 1, 2010

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