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 …

component in fractionally cointegrated processes. We find evidence of cobreaking and fractional cointegration in excess nominal … money growth and inflation in the euro area, and propose a new core inflation measure which takes into account both features …. A comparison with other core inflation measures reveals that the proposed core inflation process is superior in terms of …