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jmeshortfinal3.dvi

312 kB -

Estimating New-Keynesian Phillips Curves: A Full Information Maximum Likelihood Approach Jesper Lindé∗ Sveriges Riksbank Working Paper Series No. 129 Revised version March 2005 Abstract The New-Keynesian Phillips curve has recently become an...

Economic Review 2003:3 article 5 Financial bubbles and monetary policy

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E C O N O M I C R E V I E W 3 / 2 0 0 3 119 Financial bubbles and monetary policy BY HANS DILLÉN AND PETER SELLIN The authors work in the Monetary Policy Department. We look here at a number of periods in which asset prices have displayed...

Economic Review 2000:3 article 3 Dealing with banking crises - proposal for a new regulatory framework

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The Swedish banking crisis in the early 1990s was an extraordinary event. The age-old assumption that the Swedish banking system was sufficiently stable to cope with any shock was suddenly found wanting and a massive government res- cue...

Monetary Policy Report 2008:2 The rate of increase in the CPIX will be below the CPI for a long time

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■ 49 M O N E T A R Y P O L IC Y R E P O R T 2 0 0 8 / 2 CHAPTER 3 – BOXThe rate of increase in the CPIX will be below the CPI for a long time 14 Loans with terms of 1, 3 and 8 years were included in the CPI in 2004. Last mortgage loans in banks,...

1997:2 Has the inflation process changed?

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HAS THE INFLATION PROCESS CHANGED? The factors that condition the rate of inflation include inflation expectations and cyclical move- ments in production and employment. In other words, inflation is affected both by confidence in monetary...

Quarterly Review 1999:2 Article 1 The current situation for monetary policy

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On 1 January 1999, the Riksbank acquired an independent status even in a formal sense. By the same token, Chapter 6, Article 4 of the amended Riksbank Act (1998:1385), stipulates that the Riksbank is to hand over a written report on monetary...

Microsoft Word - NBOreport2009_2.docx

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December, 2009 The Nordic-Baltic Office International Monetary Fund Report 2009/2 Recent Policy Developments in the International Monetary Fund 1 CONTENTS I. Introduction...

swp0000.dvi

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Bayesian Inference in a Cointegrating Panel Data Model∗ Gary Koop Department of Economics University of Strathclyde Gary.Koop@strath.ac.uk Roberto Leon-Gonzalez Department of Economics University of Leicester rlg19@le.ac.uk and Rodney Strachan...

Paper

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DISCUSSION PAPER SERIES ABCD www.cepr.org Available online at: www.cepr.org/pubs/dps/DP6934.asp www.ssrn.com/xxx/xxx/xxx No. 6934 HOUSEHOLD EXTERNAL FINANCE AND CONSUMPTION Timothy J. Besley, Neil Meads and Paolo Surico FINANCIAL ECONOMICS ISSN...

Beslut om arbetsfördelning inom direk-tionen

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PRESS RELEASE DATE 3 February 2006 NO. 5 CONTACT Per Håkansson, General Counsel, tel. +46-8-787 0473 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 1 [1]...