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Var är inflationen?

Viberg, Gustav LU and Öljemark, Jacob (2018) NEKH01 20181
Department of Economics
Abstract
The purpose of this thesis is to examine whether an expansionary monetary policy since 2008 has caused inflation in price indices other than the consumer price index, CPI. Most inflation targeting central banks use a CPI to measure inflation. The CPI only covers a subset of all prices in the economy and CPI-inflation has been low despite an expansionary monetary policy during the last 10 years. A concern, however, is that asset prices not included in the CPI has been inflated. The results in the study, done in this thesis, indicates a correlation between money supply and price changes in the short run. These findings further reinforce our original hypothesis and show that there is inflation in housing and in stocks that is unaccounted for... (More)
The purpose of this thesis is to examine whether an expansionary monetary policy since 2008 has caused inflation in price indices other than the consumer price index, CPI. Most inflation targeting central banks use a CPI to measure inflation. The CPI only covers a subset of all prices in the economy and CPI-inflation has been low despite an expansionary monetary policy during the last 10 years. A concern, however, is that asset prices not included in the CPI has been inflated. The results in the study, done in this thesis, indicates a correlation between money supply and price changes in the short run. These findings further reinforce our original hypothesis and show that there is inflation in housing and in stocks that is unaccounted for in the CPI. (Less)
Please use this url to cite or link to this publication:
author
Viberg, Gustav LU and Öljemark, Jacob
supervisor
organization
alternative title
En studie om penningpolitikens kortsiktiga effekter på inflationen
course
NEKH01 20181
year
type
M2 - Bachelor Degree
subject
keywords
Inflation, CPI, House prices, Share price, Money supply, Quantity theory of money.
language
Swedish
id
8947607
date added to LUP
2018-07-05 11:26:38
date last changed
2018-07-05 11:26:38
@misc{8947607,
  abstract     = {The purpose of this thesis is to examine whether an expansionary monetary policy since 2008 has caused inflation in price indices other than the consumer price index, CPI. Most inflation targeting central banks use a CPI to measure inflation. The CPI only covers a subset of all prices in the economy and CPI-inflation has been low despite an expansionary monetary policy during the last 10 years. A concern, however, is that asset prices not included in the CPI has been inflated. The results in the study, done in this thesis, indicates a correlation between money supply and price changes in the short run. These findings further reinforce our original hypothesis and show that there is inflation in housing and in stocks that is unaccounted for in the CPI.},
  author       = {Viberg, Gustav and Öljemark, Jacob},
  keyword      = {Inflation,CPI,House prices,Share price,Money supply,Quantity theory of money.},
  language     = {swe},
  note         = {Student Paper},
  title        = {Var är inflationen?},
  year         = {2018},
}