Alexius, Annika (contributor); Holmlund, Bertil (contributor) - 2008
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … the output
gap only at business cycle frequencies, but the effects on unemployment may well be more persistent
in …:
Department of Economics, Uppsala University, Box 513, SE-751 20 Uppsala,
Sweden. Annika.Alexius@nek.uu.se and Bertil …