The e-krona and the macroeconomy

H Armelius, P Boel, CA Claussen… - Sveriges Riksbank …, 2018 - econstor.eu
In this article, we discuss potential implications of an e-krona for the conduct of monetary
policy and for macroeconomic developments in general. We argue that a universally …

What determines the neutral rate of interest in an emerging economy?

JA Carrillo, R Elizondo, CA Rodríguez-Pérez… - 2018 - econstor.eu
Evidence suggests that potential growth and the neutral rate co-move in advanced
economies. In contrast, this co-movement is not observed in emerging economies. We argue …

[PDF][PDF] The level of the inflation target–a review of the issues

M Apel, H Armelius, CA Claussen - Sveriges riksbank economic …, 2017 - archive.riksbank.se
Most developed countries that conduct inflation targeting have chosen a target level at or
close to 2 per cent. Recently, an international debate has arisen on whether this level should …

[PDF][PDF] Is the Swedish neutral interest rate affected by international developments

H Armelius, M Solberger, E Spånberg - Sveriges Riksbank Economic …, 2018 - riksbank.se
In this study we use a small scale macroeconomic model to estimate a Swedish 'neutral'real
interest rate. The word 'neutral'here refers to the interest rate that according to the model is …

[PDF][PDF] Is there an evident housing bubble in Sweden?

E Dermani, J Lindé, K Walentin - Sveriges Riksbank Economic …, 2016 - archive.riksbank.se
A discussion has been ongoing for some time on house prices and household indebtedness
in Sweden, and whether their current levels are sustainable in the long term. In this article …

[PDF][PDF] Why has inflation been so low?

B Andersson, V Corbo… - Sveriges Riksbank …, 2015 - archive.riksbank.se
Inflation in Sweden has been low for a long period of time. A great deal of the analytical work
at the Riksbank has been dedicated to attempting to identify the main drivers underlying the …

The evolution of the natural rate of interest: evidence from the Scandinavian countries

H Armelius, M Solberger, E Spånberg, P Österholm - Empirical Economics, 2024 - Springer
In this paper, the natural rate of interest in Denmark, Norway and Sweden is estimated. This
is done by augmenting the Laubach and Williams (Rev Econ Stat 85: 1063–1070, 2003) …

[PDF][PDF] Domestic policy or global influences? The Swedish natural rate of interest and international spill-overs

H Armelius, M Solberger… - Sveriges Riksbank …, 2018 - gauss.stat.su.se
Abstract In Sweden, the Riksbank's policy of negative interest rates amid an economic
upturn and a booming housing market has received a lot of criticism. The Riksbank, on the …

[PDF][PDF] Forecasts and monetary policy

C Nyman, U Söderström - Economic Commentaries, 2016 - archive.riksbank.se
The Riksbank has a special position among Swedish public authorities, as its Executive
Board has been given a mandate by the Riksdag, the Swedish parliament, to independently …

[PDF][PDF] Domestic policy or global influences?-the natural rate of interest, house prices and global spill-overs

H Armelius, M Solberger, E Spånberg - 2017 - oru.se
Abstract In Sweden, the Riksbank's policy of negative interest rates amid an economic
upturn and a booming housing market has received a lot of criticism. The Riksbank, on the …