Var är inflationen?
(2018) NEKH01 20181Department 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:
http://lup.lub.lu.se/student-papers/record/8947607
- author
- Viberg, Gustav LU and Öljemark, Jacob
- supervisor
- organization
- alternative title
- En studie om penningpolitikens kortsiktiga effekter på inflationen
- course
- NEKH01 20181
- year
- 2018
- 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}}, language = {{swe}}, note = {{Student Paper}}, title = {{Var är inflationen?}}, year = {{2018}}, }