Riksbank's Persson on monetary policy

In a speech on 'Monetary policy and labour supply' Kristina Persson of the Sveriges Riksbank said monetary policy cannot directly affect production's potential, long-term growth rate. However, it can indirectly lay the foundation for a good development in growth in the slightly longer term, by providing an efficient payment and price-setting system.

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Speech by Sveriges Riksbank Deputy Governor Kristina Persson at

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