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economy, to achieve efficiency, must decide what combination of goods and services can be produced. Let's turn to the chart below. Imagine an economy that can produce only wine and cotton.


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In this paper I construct time-varying uncertainty around forecasts for the Swedish economy published by the National Institute of Economic Research. 2013 – Present, Associate Editor, Scandinavian Journal of Economics. 2014 – 2017 Prices, profits and exchange rate uncertainty, SSE 1997. Discussant: Robert C. Feenstra. Books. • ”Kluster.se, Sverige i den (also published in English).

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