Until early 1937, a debate raged about the proper conduct of monetary policy in Sweden. Sweden’s answer to the Great Depression was unique. It was, in particular, embraced a revolutionary goal for monetary policy when it abandoned the gold standard in 1931.

Until early 1937, a debate raged about the proper conduct of monetary policy in Sweden. Sweden’s answer to the Great Depression was unique. It was, in particular, embraced a revolutionary goal for monetary policy when it abandoned the gold standard in 1931.
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from
Julio J. Rotemberg,
Lisa H. Lewis
Source: Harvard Business School
27 pages.
Release Date: 08 December, 2003. Prod #: 704029-PDF-ENG
Birth of Modern Macroeconomic policies: Sweden and the Great Depression HBR case solution

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