Re-Evaluating Swedish Membership in EMU: Evidence from an Estimated Model

Ulf Söderström

NBER Working Paper No. 14519
Issued in December 2008

---- Acknowledgments ----

This paper was prepared for the NBER conference on "Europe and the Euro" in October 2008. I am grateful for comments from, and discussions with, Carlo Altomonte, Carlo Favero, Nils Gottfries, Steinar Holden, Lars Jonung, Thomas Lindblom, Anders Vredin, and the editors, Alberto Alesina and Francesco Giavazzi. I also thank seminar participants at Sveriges Riksbank and participants at the NBER conference. And I am indebted to Malin Adolfson and Jesper Lindé for help with the estimated open-economy model. The views expressed in this paper are solely the responsibility of the author and should not be interpreted as reflecting the views of the Executive Board of Sveriges Riksbank or the National Bureau of Economic Research.

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