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Meeting of the General Council of the Riksbank
29/09/2025 -Meeting of the General Council of the Riksbank...
References
23/04/2024 -References Armelius, Hanna, Martin Solberger, Erik Spånberg and Pär Österholm (2024), "The evolution of the natural rate of interest: evidence from the Scandinavian countries", Empirical Economics, vol. 66, pp. 1633–1659. Armelius, Hanna, Martin...
Estimated matching function – job-finding rate varies with the economic situation
13/01/2025 -Estimated matching function – job-finding rate varies with the economic situation Another way to measure matching efficiency is to estimate a relationship between the aggregate job-finding rate and the labour market conditions.[10] The estimated...
High unemployment suggests poor matching efficiency
13/01/2025 -High unemployment suggests poor matching efficiency Although both the Beveridge curve and the matching function indicate that matching efficiency has improved somewhat in recent years, unemployment among foreign-born persons remains high (see...
What could explain the pattern?
23/04/2024 -What could explain the pattern? The general view among economists, as we noted above, is that structural economic forces have driven the natural rate down over time, and the Fed has had to adjust monetary policy by following this trend.
The Beveridge curve – an illustration of matching efficiency
13/01/2025 -The Beveridge curve – an illustration of matching efficiency A common way of describing the matching efficiency is to use the Beveridge curve, which relates the unemployment rate to the vacancy rate (see Figure 1).[5] Vacancies are job openings...
Summary
01/07/2024 -Summary In this commentary, I have created two price indices from the National Accounts and CPI statistics: One for product categories with a low import content and one for high import content. In recent decades, the share of products with a low...
Discussion
01/07/2024 -Discussion In this commentary, I compare two indices that I have constructed based on the relative import content of the components in the CPIF. One for product categories with a low import content and one for categories with a high import...
References
01/07/2024 -References Baumol W.J., Bowen W.G. “On the Performing Arts: The Anatomy of Their Economic Problems”, The American Economic Review, Vol. 55, No 1/2 (March 1965) Benoit Cœuré “The rise of services and the transmission of monetary policy”, ECB,...
APPENDIX - Additional figures
23/04/2024 -APPENDIX - Additional figures Webbrapport bildblock - Figure 6. Distribution of interest rate changes, 10-year government bond, USA Webbrapport bildblock - Figure 7. Accumulated changes, 10-year government bond yield, USA around Fed meetings not...