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No 168. Is Firm Interdependence within Industries Important for Portfolio Credit Risk? | Sveriges Riksbank

by Kenneth Carling, Lars Rönnegård and Kasper RoszbachAbstract: A drawback of available portfolio credit risk models is that they fail to allow for default…...

No 115. UIP for short investments in long-term bonds | Sveriges Riksbank

by Annika Alexius Abstract The empirical failure of uncovered interest parity (UIP) is one of the best-established facts of international economics.…...

No. 161. The Effects of Permanent Technology Shocks on Labor Productivity and Hours in the RBC model | Sveriges Riksbank

by Jesper Lindé Abstract: Recent work on the effects of permanent technology shocks argue that the basic RBC model cannot account for a negative correlation…...

No 164. Bubbles and crashes in a behavioural finance model | Sveriges Riksbank

by Paul De Grauwe and Marianna GrimaldiAbstract: We develop a simple model of the exchange rate in which agents optimize their portfolio and use di?erent…...

No. 160. Why Are Long Rates Sensitive to Monetary Policy | Sveriges Riksbank

by Tore Ellingsen and Ulf Söderström Abstract: We use a quantitative model of the U.S. economy to analyze the response of long-term interest rates to monetary…...

No 109. An alternative interpretation of the recent U.S. inflation performance | Sveriges Riksbank

by Mikael Apel and Per Jansson Abstract An approach to decomposing and interpreting the inflation process is proposed. It suggests that the low…...

No 102. A Bivariate Distribution for Inflation and Output Forecasts | Sveriges Riksbank

by Mårten Blix and Peter Sellin Abstract The contribution of this paper is to derive a bivariate distribution for inflation and output uncertainty…...

No. 176. Firm-Specific Capital, Nominal Rigidities and the Business Cycle | Sveriges Riksbank

by David Altig, Lawrence Christiano, Martin Eichenbaum and Jesper LindéAbstract: Macroeconomic and microeconomic data paint conflicting pictures of price…...

No. 252 Up for count? Central bank words and financial stress | Sveriges Riksbank

No. 252 Up for count? Central bank words and financial stress...

No 147. Taylor Rules and the Predictability of Interest Rates

SVERIGES RIKSBANK WORKING PAPER SERIES Taylor Rules and the Predictability of Interest Rates Paul Söderlind, Ulf Söderström and Anders Vredin APRIL 2003 147 WORKING PAPERS ARE OBTAINABLE FROM Sveriges Riksbank • Information Riksbank • SE-103 37...