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Session 2: Credit-Market Sentiment and the Business Cycle (López-Salido, Stein, Zakrajšek)
342 kB -Credit-Market Sentiment and the Business Cycle* David López-Salido Jeremy C. Stein Egon Zakrajšek (Federal Reserve Board) (Harvard and NBER) (Federal Reserve Board) April 2015 Abstract Using U.S. data from 1929 to 2013, we show that elevated...
Central banks’ role, objectives and accountability
149 kB -C e n t r a l b a n k s ’ r o l e , o b j e C t i v e s a n d a C C o u n ta b i l i t y104 Central banks’ role, objectives and accountability Svein I. Gjedrem The author is former Governor of the Central Bank of Norway and currently has a...
Extended redemption period for old notes
66 kB -PRESS RELEASE DATE 27 April 2006 NO. 19 CONTACT Per-Olof Arevik, Market Operations Department, tel. +46 8 787 04 84 SVERIGES RIKSBANK SE-103 37 Stockholm (Brunkebergstorg 11) Tel +46 8 787 00 00 Fax +46 8 21 05 31 registratorn@riksbank.se...
A perspective on electronic alternatives to traditional currencies
341 kB -A P e r s P e c t i v e o n e l e c t r o n i c A lt e r n At i v e s to t r A d i t i o n A l c u r r e n c i e s126 A perspective on electronic alternatives to traditional currencies Gabriele Camera* Economic Science Institute, Chapman...
Basis for decision: Interest rates for standing facilities and fine-tuning transactions
296 kB -Basis for decision 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: 11 February 2015 DEPARTMENT: Markets Department REG. NO. xxxx 2105, Markets...
Scenario: Refugee immigration is deemed to have only minor effects on monetary policy in the near future
52 kB -The increase in refugee immigration affects the Swedish economy in several different ways. Greater public investment is required in the short term, for example in housing and education for the newly arrived refugees. In a few years' time, a...
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area - presentation
Christophe...
115 kB
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COMMENTS ON SMETS AND WOUTERS CHRISTOPHER A. SIMS PRINCETON UNIVERSITY SIMS@PRINCETON.EDU 1. OVERVIEW • This paper is part of a suite of three, dealing with US and Euro area data with a common methodology. • The work is a very substantial...
Article: Uncertain effects of increased immigration on the labour market
52 kB -29 Establishment of the new arrivals on the labour market is important for economic development The effects immigration will have on macroeconomic developments depend on several factors. In the end, however, it is crucial to know, both in terms...
Äldre sedlar och mynt för fem miljarder blir ogiltiga vid årsskiftet
83 kB -PRESS RELEASE DATE: 29 June 2005 NO: 46 CONTACT: Mats Bruce +46 31 334 28 07 or Michael Reizinger +46 8 787 04 87. SVERIGES RIKSBANK SE-103 37 Stockholm (Brunkebergstorg 11) Tel +46 8 787 00 00 Fax +46 8 21 05 31 registratorn@riksbank.se...
Monetary Policy Report 2007/1 Calculation method for uncertainty bands
2018 kB -■ 22 M O N E T A R Y P O L IC Y R E P O R T 2 0 0 7 / 1 CHAPTER 1 – BOX yforct+1 ( )1 2 11 / t n forc tt y y n ++= −∑ Calculation method for uncertainty bands As usual, the forecasts in the main scenario are uncertain, which is illustrated by...