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The leverage ratio – what is it and do we need it?
209 kB -n 1 – E C O N O M I C C O M M E N T A R I E S N O . 5 , 2 0 1 3 Economic Commentariesn NO. 5, 2013 2 5 J U N E 2 0 1 3 Excessive leverage is a common denominator in most economic crises. Despite this, there are no direct restrictions in the...
Do’s and don’ts in central bank design
185 kB -D o ’ s a n D D o n ’ t s i n c e n t r a l b a n k D e s i g n 126 * Prepared for Rethinking the Central Bank’s Mandate, Sveriges Riksbank, June 3-4, 2016. I thank Anders Vredin for comments on an earlier draft. Do’s and don’ts in central bank...
History as an antidote to misunderstandings about the lender of last resort
187 kB -29S v e r i g e S r i k S b a n k e c o n o m i c r e v i e w 2016:3 History as an antidote to misunderstandings about the lender of last resort Charles W. Calomiris The author is the Henry Kaufman Professor of Financial Institutions at Columbia...
Swedish response to the Commission Call for evidence consultation
388 kB -Ministry of Finance Financial Markets Department Dnr: Fi2015/09421/V Banking Dnr: 15-15660 Financial Stability Department Dnr: 2015-00740 European Commission DG Financial Stability Financial Services and Capital Markets Union CALL FOR EVIDENCE...
Asset encumbrance and its relevance for financial stability
1697 kB -– 1 – sveriges riksbank economic review 2012:3 Asset encumbrance and its relevance for financial stability Reimo Juks* The author holds a PhD from the Stockholm School of Economics and works at the Financial Stability Department of the Riksbank.
Account of monetary policy 2014
612 kB -S V E R I G E S R I K S B A N K Account of monetary policy 2014 Correction 2015-03-20 Two figures on page 18 were switched around in the previous version of the report. This meant that references to Figures 2:12 and 2:13 were incorrect. This has...
Selection of Riksbank Governor
272 kB -Memorandum SVERIGES RIKSBANK SE-103 37 Stockholm (Brunkebergstorg 11) Tel +46 8 787 00 00 Fax +46 8 21 05 31 registratorn@riksbank.se www.riksbank.se DATE: 22 June 2011 DEPARTMENT: General Secretariat DNR 1 [3] Selection of Riksbank Governor 1...
Sveriges Riksbank Economic Review 2012:1 Taxing financial transacions
1127 kB -– 84 – sveriges riksbank economic review 2012:1 * We are grateful for comments from Claes Berg, Kerstin Mitlid, Joanna Gerwin, Göran Lind, Martin W Johansson, Fabian Wallen, Bo Stoltz and Peter Höglund. The article expresses only the personal...
Minutes of monetary policy meeting, April 2014
292 kB -Minutes of monetary policy meeting APRIL 2014 Summary At the monetary policy meeting on 8 April, the Executive Board of the Riksbank decided to hold the repo rate unchanged at 0.75 per cent and to adjust the repo-rate path downwards. It was noted...
Risk Survey Spring 2016
592 kB -Market participants’ views on risks and the functioning of the Swedish fixed- income and foreign exchange markets Spring 2016 RISK SURVEY SPRING 2016 1 Market participants’ views on risks and the functioning of the Swedish fixed-income and...