Marianne Nessén

Marianne Nessén

Senior Advisor to the Executive Board

Monetary Policy Department
Sveriges Riksbank
SE-103 37 Stockholm, Sweden

Phone + 46 8 787 04 11


  • Docent (Associate Professor), Stockholm School of Economics, 2004
  • Ph.D., Economics, Stockholm School of Economics, 1994
  • M.Sc., Economics and Business Administration, Stockholm School of Economics, 1985

Publications in refereed journals

"Monetary policy in an estimated open-economy model with imperfect pass-through", International Journal of Finance and Economics, 14, 301 – 333, 2009 (with Jesper Lindé and Ulf Söderström). (Earlier version)

"Inflation, exchange rates and PPP in a multivariate panel cointegration model", Econometrics Journal, 11(1), 2008, 58-79 (with Tor Jacobson, Johan Lyhagen, Rolf Larsson). (Earlier version)

"Average Inflation Targeting", Journal of Money, Credit and Banking, 37(5), 2005, 837 - 864 (with David Vestin).

"Examining World-Wide Purchasing Power Parity", Empirical Economics, 29(3), 2004, 463-76 (with Tor Jacobson).

"Targeting inflation in the short, medium and long term", Journal of Macroeconomics 24 (3), 2002, 313-329.

"Core inflation and monetary policy", International Finance 4 (3), 2001, 401-439 (with Ulf Söderström).

"Exchange rate expectations, the forward exchange rate bias and risk premia in target zones", Open Economies Review 8 (2), 1997, 1-38.

"Common trends in prices and exchange rates. Tests of long-run purchasing power parity", Empirical Economics 21 (3), 1996, 381-400.

Other publications

“The Riksbank’s organisation and operations – a look back through history”, Sveriges Riksbank Economic Review no. 1, 2019 (with Kai Barvèll and Michael Wendschlag).

“The storm after the calm – lessons for monetary policy analysis”, Sveriges Riksbank Economic Review no. 4, 2018, (with Jesper Hansson and Anders Vredin).

“The implications of an e-krona for the Riksbank’s operational framework for implementing monetary policy”, Sveriges Riksbank Economic Review no. 3, 2018 (with Peter Sellin and Per Åsberg Sommar).

“The e-krona and the macroeconomy”, Sveriges Riksbank Economic Review no. 3, 2018 (with Hanna Armelius, Paola Boel, and Carl Andreas Claussen).

”The Riksbank’s monetary policy measures during the financial crisis – evaluation and lessons learnt”, Sveriges Riksbank Economic Review no. 3, 2012 (with Heidi Elmér, Gabriella Guibourg and David Kjellberg).

"Different ways of conducting inflation targeting - Theory and practice" (with Mikael Apel, Ulf Söderström, Anders Vredin), Sveriges Riksbank Quarterly Review 4, 1999, 13-42.

"The new Swedish ecu basket,"Skandinaviska Enskilda Banken Quarterly Review 1-2, 1992.

"Are capital flows destabilizing?" (with Viveka Hirdman, Anders Vredin), Skandinaviska Enskilda Banken Quarterly Review 4, 1986.