01823cas a2200265 a 4500 AALejournalIMF000330 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451978926 1018-5941 BD-DhAAL BD-DhAAL Baumgartner, Josef. Monetary Policy and Leading Indicators of Inflation in Sweden / Josef Baumgartner, Goran Zettergren, Ramana Ramaswamy. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (31 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper derives a set of leading indicators of inflation for Sweden. It also discusses methodological and policy issues pertaining to the estimation of these indicators. The main findings are: (1) narrow money is the most powerful leading inflation indicator; (2) broad money and inflation expectations have significant predictive information on inflation; (3) the output gap, interest rates, and the credit aggregate have some predictive information on inflation, and this information is confined to a shorter time horizon than either the monetary aggregates or inflation expectations; and (4) implied forward rates have only weak predictive information on inflation. Mode of access: Internet Ramaswamy, Ramana. Zettergren, Goran. IMF Working Papers; Working Paper ; No. 1997/034 Full text available on IMF http://elibrary.imf.org/view/journals/001/1997/034/001.1997.issue-034-en.xml IMF e-Library