Scandinavian Working Papers in Economics

Working Papers,
Örebro University, School of Business

No 2022:2: Trend Inflation in Sweden

Pär Österholm () and Aubrey Poon ()
Additional contact information
Pär Österholm: Örebro University School of Business, Postal: Örebro University, School of Business, SE - 701 82 ÖREBRO, Sweden
Aubrey Poon: Örebro University School of Business, Postal: Örebro University, School of Business, SE - 701 82 ÖREBRO, Sweden

Abstract: In this paper, we estimate trend inflation in Sweden using an unobserved components stochastic volatility model. Using data from 1995Q4 to 2021Q4 and Bayesian estimation methods, we find that trend inflation has been well-anchored during the period – although in general at a level below the inflation target – and it does not appear to have been affected much by the recent high inflation numbers.

Keywords: Unobserved components model; Inflation target; Bayesian estimation

JEL-codes: C11; C32; C52; E32

Language: English

9 pages, January 18, 2022

Full text files 

wp-2-2022.pdf PDF-file Full text

Download statistics

Questions (including download problems) about the papers in this series should be directed to ()
Report other problems with accessing this service to Sune Karlsson ().

RePEc:hhs:oruesi:2022_002This page generated on 2024-09-13 22:16:32.