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1800 - 1899

Per Åsbrink becomes Governor

When Per Åsbrink takes up his position, Sweden is conducting a low interest rate policy. This changes when he pushes through the ‘interest rate coup’ of 1957. Under Åsbrink, a jubilee foundation is set up in the bank's name, alongside the...

Stock market crash on Wall Street

On 24 October 1929, the stock exchange on Wall Street in New York crashes. This event marks the end of the Roaring Twenties and is the start of a worldwide depression. The Riksbank is led by Ivar Rooth.

International commitments and increased regulation

Sweden joins the International Monetary Fund and World Bank. New regulations lead the Riksbank to govern the commercial banks with an iron fist.

The krona is pegged to the dollar

A few days before the outbreak of the Second World War, Sweden pegs the krona to the dollar instead of sterling. ...

The gold standard collapses

After the outbreak of the First World War, most countries leave the gold standard. Exchange rates float against each other and inflation increases heavily. As the discount rate is not raised at the same rate as inflation, the speculation economy...

Tor Jacobson

Education Ph.D., Statistics, Uppsala University, 1992M.Phil., Economics, University of Cambridge, 1989B.A., Economics, Uppsala University, 1985. Work in progress and working papers "Credit Risk Models and Parameter Stability: Empirical Evidence...

Michael McMahon, University of Oxford

The Element(s) of Surprise...

Michał Brzoza-Brzezina, Narodowy Bank Polski

TBA...

Alessandro Villa, Federal Reserve Bank of Chicago

TBA...