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Francois Gourio, Boston University
18/06/2018 -Financial distress and endogenous uncertainty...
Gyongyi Loranth, University of Vienna
18/06/2018 -Bank Regulation: Management Compensation and Capital...
Silvana Tenreyro, LSE
18/06/2018 -The Transmission of Monetary Policy Operations through Redistributions and Durable Purchases...
Jaap Bos, Maastricht University
18/06/2018 -Information sharing, credit market competition and loan performance...
David Martinez-Miera, Universidad Carlos III de Madrid
18/06/2018 -A Macroeconomic Model of Endogenous Systemic Risk Taking...
John Moore, University of Edinburgh
18/06/2018 -Leverage Stacks and the Financial System...
Sveriges Riksbank is founded
07/02/2018 -Riksens Ständers Bank, today Sveriges Riksbank, is founded from the ruins of Stockholms Banco. The world's oldest central bank is born. It moves into Axel Oxenstierna's palace in the old town of Stockholm.
Military defeat leads to banking crisis
07/02/2018 -While the war is going well, many people deposit money in the Bank of the Estates of the Realm (Sveriges Riksbank). But when they attempt to withdraw it, following the defeat at Poltava, there is no money to be had. The Bank simply freezes its...
Emergency coins fund the war
07/02/2018 -During the reign of Charles XII, wars cost a lot of money. To fund them, more than 40 million emergency coins are issued. The round copper coins have different inscriptions such as “Jupiter”, “Mars” and “Flink och färdig” (quick and ready).
New policy creates inflation
07/02/2018 -When the Hats took power, it was the end for the cautious economic policy that had long been pursued. The new policy caused inflation to soar.