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No. 424 Private Bank Money vs Central Bank Money A Historical Lesson for CBDC Introduction (updated July 2023)

10/08/2023 1,1 MB -

SVERIGES RIKSBANK WORKING PAPER SERIES 424 Private Bank Money vs Central Bank Money: A Historical Lesson for CBDC Introduction Anna Grodecka-Messi and Xin Zhang June 2023 (updated July 2023) WORKING PAPERS ARE OBTAINABLE FROM

No. 428 Fed QE and bank lending behaviour: a heterogeneity analysis of asset purchases

01/11/2023 3,6 MB -

SVERIGES RIKSBANK WORKING PAPER SERIES 428 Fed QE and bank lending behaviour: a heterogeneity analysis of asset purchases Marianna Blix Grimaldi and Supriya Kapoor WORKING PAPERS

No. 436 Optimal Contracts and Inflation Targets Revisited

29/05/2024 383,2 kB -

SVERIGES RIKSBANK WORKING PAPER SERIES 436 Optimal Contracts and Inflation Targets Revisited Torsten Persson and Guido Tabellini May 2024 WORKING PAPERS ARE OBTAINABLE FROM

No. 442 A Traffic-Jam Theory of Growth

15/10/2024 482,9 kB -

SVERIGES RIKSBANK WORKING PAPER SERIES 442 A Traffic-Jam Theory of Growth Daria Finocchiaro and Philippe Weil October 2024 WORKING PAPERS ARE OBTAINABLE FROM www.riksbank.se/en/research

No. 443 Intertemporal MPC and Shock Size

18/10/2024 1,6 MB -

SVERIGES RIKSBANK WORKING PAPER SERIES 443 Intertemporal MPC and Shock Size Tullio Jappelli, Ettore Savoia and Alessandro Sciacchetano October 2024 WORKING PAPERS ARE OBTAINABLE FROM

No. 446 Joint extreme Value-at-Risk and Expected Shortfall dynamics with a single integrated tail shape parameter

27/02/2025 15 MB -

SVERIGES RIKSBANK WORKING PAPER SERIES 446 Joint extreme Value-at-Risk and Expected Shortfall dynamics with a single integrated tail shape parameter Enzo D’Innocenzo, André Lucas, Bernd Schwaab and Xin Zhang February 2025

No. 455 The Signaling Effects of Fiscal Announcements

14/08/2025 1,5 MB -

SVERIGES RIKSBANK WORKING PAPER SERIES 455 The Signaling Effects of Fiscal Announcements Leonardo Melosi, Hiroshi Morita, Anna Rogantini Picco and Francesco Zanetti August 2025

No. 457 Central Bank Losses and Inflation: 350 Years of Evidence

25/11/2025 5,2 MB -

SVERIGES RIKSBANK WORKING PAPER SERIES 457 Central Bank Losses and Inflation: 350 Years of Evidence Anna Grodecka-Messi, Martin Kliem and Gernot J. Müller November 2025

No. 461 HANK Comes of Age: Monetary Policy with Heterogeneous Overlapping Generations

26/02/2026 875 kB -

SVERIGES RIKSBANK WORKING PAPER SERIES 461 HANK Comes of Age: Monetary Policy with Heterogeneous Overlapping Generations Bence Bardóczy, Ettore Savoia and Mateo Velásquez-Giraldo January 2026