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No. 264 Structural and Cyclical Forces in the Labor Market During the Great Recession: Cross-Country Evidence | Sveriges Riksbank

By Luca Sala, Ulf Söderström and AntonellaTrigari October 2012 Abstract We use an estimated monetary business cycle model with search…...

No. 262 The Cost of Consumer Payments in Sweden | Sveriges Riksbank

By Björn Segendorf and Thomas Jansson June 2012 Abstract We estimate the social and private costs of consumer-to-business payments in…...

No. 258 On the Non-Exclusivity of Loan Contracts: An Empirical Investigation | Sveriges Riksbank

by Hans Degryse, Vasso Ioannidou and Erik von Schedvin FEBRUARY 2012 (Updated march 2015) Abstract We study how a bank's willingness…...

No. 170. The Welfare Cost of Imperfect Competition and Distortionary Taxation | Sveriges Riksbank

by Magnus JonssonAbstract: The welfare cost of imperfect competition in the product and labor market as well as distortionary taxation is quantified in…...

No. 171. A Bayesian Approach to Modelling Graphical Vector Autoregressions | Sveriges Riksbank

by Jukka Corander and Mattias VillaniAbstract: We introduce a Bayesian approach to model assessment in the class of graphical vector autoregressive (VAR)…...

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. 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. 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…...