Plausibly Exogenous [664] - Swedish Monetary Policy (11/13/2021)
LHS Variable
Unemployment
RHS Variable
Interest rate
Source of Exogenous Variation
2010 monetary tightening in Sweden that created a credible, temporary deviation from the historical policy rule
- Coglianese, Olsson, and Patterson (2021), “Monetary Policy and the Labor Market: A Quasi-Experiment in Sweden”