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Central Bank Research Hub - Sveriges Riksbank Working Papers



The Riksbank's Forecasting Performance (JEL E27, E37, E52)

by Michael K. Andersson, Gustav Karlsson and Josef SvenssonNo218
(07 Dec 2007)
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Do Central Banks React to House Prices? (JEL E31, E44, E52, E58)

by Daria Finocchiaro and Virginia Queijo von HeidekenNo217
(07 Dec 2007)
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Bayesian forecast combination for VAR models (JEL C11, C15, C32, C52, C53)

by Michael K Andersson and Sune KarlssonNo216
(22 Nov 2007)
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Earnings Inequality and the Equity Premium (JEL D31, E24, E44, G12)

by Karl WalentinNo215
(22 Nov 2007)
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Using a New Open Economy Macroeconomics model to make real nominal exchange rate forecasts (JEL C52, C53, F31)

by Peter SellinNo213
(15 Nov 2007)
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Introducing Financial Frictions and Unemployment into a Small Open Economy Model (JEL E0, E3, F0, F4, G0, G1, J6)

by Lawrence J. Christiano, Mathias Trabandt and Karl WalentinNo214
(15 Nov 2007)
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The Costs of Paying - Private and Social Costs of Cash and Card Payments (JEL D12, D23, D24)

by Mats Bergman, Gabriela Guibourg and Björn SegendorfNo212
(05 Oct 2007)
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Nonparametric Regression Density Estimation Using a Mixture of Adaptive Heteroscedastic Experts

by Mattias Villani , Robert Kohn and Paolo GiordaniNo211
(04 Oct 2007)
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Acquisition versus greenfield: The impact of the mode of foreign bank entry on information and bank lending rates* (JEL D4, G21, L31)

by Sophie Claeys and Christa HainzNo210
(29 Jun 2007)
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Sticky Information vs. Sticky Prices: A Horse Race in a DSGE Framework (JEL E0, E3)

by Mathias TrabandtNo209
(29 Jun 2007)
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Financial Frictions, Investment and Tobin's q (JEL E22, E30, E44, G30)

by Guido Lorenzoni and Karl WalentinNo208
(29 Jun 2007)
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Financial structure, Managerial Compensation and Monitoring (JEL G32, M12)

by Vittoria Cerasi and Sonja DaltungNo207
(29 Jun 2007)
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Optimal Monetary Policy under Downward Nominal Wage Rigidity (JEL E52, E58, J41)

by Mikael Carlsson and Andreas WestermarkNo206
(13 Apr 2007)
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Bank supervision Russian style: Evidence of conflicts between micro- and macroprudential concerns (JEL E5, G2, N2)

by Sophie Claeys and Koen SchoorsNo205
(05 Apr 2007)
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The Use of Cash and the Size of the Shadow Economy in Sweden (JEL E26, E41, H26)

by Gabriela Guibourg and Björn SegendorfNo204
(23 Mar 2007)
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Evaluating An Estimated New Keynesian Small Open Economy Model (JEL C11, C53, E17)

by Malin Adolfson , Stefan Laséen , Jesper Lindé and Mattias VillaniNo203
(08 Feb 2007)
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The geography of asset holdings: Evidence from Sweden (JEL F30, F36, F41, G11)

by Nicolas Coeurdacier and Philippe MartinNo202
(16 Jan 2007)
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Price Setting Transactions and the Role of Denominating Currency in FX Markets (JEL F31, F41, G32)

by Richard Friberg and Fredrik WilanderNo201
(10 Jan 2007)
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2006

Swedish External Position and the Krona (JEL F0, F2, F3)

by Philip R. LaneNo200
(20 Dec 2006)
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Monetary Policy and Staggered Wage Bargaining when Prices are Sticky (JEL E52, E58, J41)

by Mikael Carlsson and Andreas WestermarkNo199
(19 Dec 2006)
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Technology Shocks and the Labor-Input Response: Evidence from Firm-Level Data (JEL C33, D24, E32)

by Mikael Carlsson and Jon SmedsaasNo198
(24 May 2006)
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Derivation and Estimation of a New Keynesian Phillips Curve in a Small Open Economy (JEL C22, E31, E32)

by Karolina HolmbergNo197
(24 May 2006)
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Efficient Bayesian Inference for Multiple Change-Point and Mixture Innovation Models (JEL C11, C15, C22)

by Paolo Giordani and Robert KohnNo196
(24 May 2006)
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Down or Out: Assessing The Welfare Costs of Household Investment Mistakes (JEL D5, D9, E3, O1)

by Laurent E. Calvet , John Y. Campbell and Paolo SodiniNo195
(15 May 2006)
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Testing Theories of Job Creation: Does Supply Create Its Own Demand? (JEL E24, J23, J64)

by Mikael Carlsson , Stefan Eriksson and Nils GottfriesNo194
(15 May 2006)
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A Simultaneous Model of the Swedish Krona, the US Dollar and the Euro (JEL C32, E31, F31, F41)

by Hans Lindblad and Peter SellinNo193
(15 May 2006)
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Swedish Intervention and the Krona Float, 1993-2002 (JEL F3, G15)

by Owen F. Humpage and Javiera RagnartzNo192
(31 Mar 2006)
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2005

Forecast combination and model averaging using predictive measures (JEL C11, C51, C52)

by Jana Eklund and Sune KarlssonNo191
(12 Oct 2005)
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Forecasting Performance of an Open Economy Dynamic Stochastic General Equilibrium Model (JEL C11, C32, E37, E47)

by Malin Adolfson , Jesper Lindé and Mattias VillaniNo190
(30 Sep 2005)
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Bayesian Inference of General Linear Restrictions on the Cointegration Space (JEL C11, C12)

by Mattias VillaniNo189
(30 Sep 2005)
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Modern Forecasting Models in Action: Improving Macroeconomic Analyses at Central Banks (JEL E37, E47, E52)

by Malin Adolfson , Michael K. Andersson , Jesper Lindé , Mattias Villani and Anders VredinNo188
(30 Sep 2005)
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Real Exchange Rate and Consumption Fluctuations following Trade Liberalization (JEL C68, F41)

by Kristian JönssonNo187
(30 Jun 2005)
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Trade Deficits in the Baltic States: How Long Will the Party Last? (JEL C68, F41)

by Rudolfs Bems and Kristian JönssonNo186
(30 Jun 2005)
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A Welfare Ranking of Two-Sided Market Regimes (JEL G21, L11, L44)

by Mats A. BergmanNo185
(23 Jun 2005)
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Exploring Interactions between Real Activity and the Financial Stance (JEL C41, G21, G33, G38)

by Tor Jacobson , Jesper Lindé and Kasper RoszbachNo184
(16 May 2005)
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Testing Near-Rationality using Detailed Survey Data (JEL D1, D7, E6)

by Michael F. Bryan and Stefan PalmqvistNo183
(11 Apr 2005)
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Bank Mergers, Competition and Liquidity (JEL D43, G21, G28, L13)

by Elena Carletti , Philipp Hartmann and Giancarlo SpagnoloNo182
(11 Apr 2005)
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Inference in Vector Autoregressive Models with an Informative Prior on the Steady State (JEL C11, C32, C53, E50)

by Mattias VillaniNo181
(01 Mar 2005)
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Are Constant Interest Rate Forecasts Modest Interventions? Evidence from an Estimated Open Economy DSGE Model of the Euro Area (JEL C11, C53, E47, E52)

by Malin Adolfson , Stefan Laséen , Jesper Lindé and Mattias VillaniNo180
(01 Mar 2005)
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Bayesian Estimation of an Open Economy DSGE Model with Incomplete Pass-Through (JEL C11, E40, E47, E52)

by Malin Adolfson , Stefan Laséen , Jesper Lindé and Mattias VillaniNo179
(01 Mar 2005)
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Some Further Evidence on Interest-Rate Smoothing: The Role of Measurement Errors in the Output Gap (JEL E43, E44, E52)

by Mikael Apel and Per JanssonNo178
(01 Mar 2005)
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Estimation of an Adaptive Stock Market Model with Heterogeneous Agents (JEL C13, C15, C32, C51, G12)

by Henrik AmilonNo177
(24 Feb 2005)
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2004

Firm-Specific Capital, Nominal Rigidities and the Business Cycle (JEL E3, E4, E5)

by David Altig , Lawrence Christiano , Martin Eichenbaum and Jesper LindéNo176
(01 Dec 2004)
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The Multivariate Split Normal Distribution and Asymmetric Principal Components Analysis (JEL C11, C16)

by Mattias Villani and Rolf LarssonNo175
(01 Dec 2004)
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State Dependent Pricing and Exchange Rate Pass-Through (JEL D40, E30, F31, F40)

by Martin Flodén and Fredrik WilanderNo174
(01 Dec 2004)
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Excess Sensitivity and Volatility of Long Interest Rates: The Role of Limited Information in Bond Markets (JEL E43, E52)

by Meredith BeecheyNo173
(01 Dec 2004)
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A Bayesian Approach to Modelling Graphical Vector Autoregressions (JEL C11, C22, C52)

by Jukka Corander and Mattias VillaniNo171
(01 Oct 2004)
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The Welfare Cost of Imperfect Competition and Distortionary Taxation (JEL D40, H20, L1)

by Magnus JonssonNo170
(01 Oct 2004)
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Do Prices Reflect Costs? A study of the price- and cost structure of retail payment services in the Swedish banking sector 2002 (JEL E58, G21, L11, L13, L14, L89)

by Gabriela Guibourg and Björn Segendorf .No172
(01 Oct 2004)
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How Useful are Simple Rules for Monetary Policy? The Swedish Experience (JEL E31, E32, E52)

by Claes Berg , Per Jansson and Anders VredinNo169
(01 Aug 2004)
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Is Firm Interdependence within Industries Important for Portfolio Credit Risk? (JEL C34, C35, D61, D81, G21)

by Kenneth Carling , Lars Rönnegård and Kasper RoszbachNo168
(01 Aug 2004)
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Monetary Policy in an Estimated Open-Economy Model with Imperfect Pass-Through (JEL E52, F31, F41)

by Jesper Lindé , Marianne Nessén and Ulf SöderströmNo167
(01 Jun 2004)
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Multiple-Bank Lending: Diversification and Free-Riding in Monitoring (JEL D82, G21, G32)

by Elena Carletti , Vittoria Cerasi and Sonja DaltungNo165
(01 Jun 2004)
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Populism. (JEL D72, D82)

by Lars FrisellNo166
(01 Jun 2004)
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Exchange Rate Puzzles: A Tale of Switching Attractors (JEL F31, F41)

by Paul De Grauwe and Marianna GrimaldiNo163
(01 May 2004)
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Bubbles and crashes in a behavioural finance model (JEL F31, F41, G10)

by Paul De Grauwe and Marianna GrimaldiNo164
(01 May 2004)
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Credit Risk versus Capital Requirements under Basel II: Are SME Loans and Retail Credit Really Different? (JEL C14, C15, G21, G28, G33)

by Tor Jacobson , Jesper Lindé and Kasper RoszbachNo162
(01 Apr 2004)
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The Effects of Permanent Technology Shocks on Labor Productivity and Hours in the RBC model (JEL E24, E32)

by Jesper LindéNo161
(01 Apr 2004)
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Why Are Long Rates Sensitive to Monetary Policy (JEL E43, E52)

by Tore Ellingsen and Ulf SöderströmNo160
(01 Apr 2004)
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Do Higher Wages Cause Inflation? (JEL D43, E31, E52)

by Magnus Jonsson and Stefan PalmqvistNo159
(01 Apr 2004)
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2003

Intersectoral Wage Linkages in Sweden (JEL C32, J30, J51, J52)

by Kent FribergNo158
(01 Dec 2003)
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Indicator Accuracy and Monetary Policy: Is Ignorance Bliss? (JEL E37, E47, E52, E58)

by Kristoffer P. NimarkNo157
(01 Dec 2003)
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Monetary Policy Analysis in a Small Open Economy using Bayesian Cointegrated Structural VARs (JEL C11, C32, E52)

by Mattias Villani , Anders WarneNo156
(01 Dec 2003)
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Internal Ratings Systems, Implied Credit Risk and the Consistency of Banks' Risk Classification Policies (JEL C14, C15, G21, G28, G33)

by Tor Jacobson , Jesper Lindé and Kasper RoszbachNo155
(01 Dec 2003)
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Bank Lending Policy, Credit Scoring and the Survival of Loans (JEL C34, C35, D61, D81, G21)

by Kasper RoszbachNo154
(01 Nov 2003)
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Monetary Policy Shocks and Business Cycle Fluctuations in a Small Open Economy: Sweden 1986-2002 (JEL C22, C52, E52)

by Jesper LindéNo153
(01 Nov 2003)
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The Equilibrium Rate of Unemployment and the Real Exchange Rate: An Unobserved Components System Approach (JEL C32, E24, E31, E32, F31, F41)

by Hans Lindblad , Peter SellinNo152
(01 Oct 2003)
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Business Survey Data: Do They Help in Forecasting the Macro Economy? (JEL C32, C42, C53, E32, E37)

by Jesper Hansson, Per Jansson , Mårten LöfNo151
(01 Sep 2003)
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Bayes Estimators of the Cointegration Space (JEL C11, C13, C32)

by Mattias VillaniNo150
(01 Sep 2003)
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Financial Cycles and Bankruptcies in the Nordic Countries (JEL C22, E32, E44)

by Jan HansenNo149
(01 Aug 2003)
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Inflation, Markups and Monetary Policy (JEL D43, E31, E52)

by Magnus Jonsson and Stefan PalmqvistNo148
(01 Apr 2003)
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Taylor Rules and the Predictability of Interest Rates (JEL E52, E58, G12)

by Paul Söderlind , Ulf Söderström and Anders VredinNo147
(01 Apr 2003)
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Evaluating Implied RNDs by Some New Confidence Interval Estimation Techniques (JEL C14, E59, G14)

by Magnus Andersson and Magnus LomakkaNo146
(01 Jan 2003)
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2002

Inflation, Exchange Rates and PPP in a Multivariate Panel Cointegration Model (JEL C15, C32, F30)

by Tor Jacobson , Johan Lyhagen , Rolf Larsson and Marianne NessénNo145
(01 Dec 2002)
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Bank Lending, Geographical Distance, and Credit risk: An Empirical Assessment of the Church Tower Principle (JEL D82, G21)

by Kenneth Carling and Sofia LundbergNo144
(01 Dec 2002)
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Capital Adjustment Patterns in Swedish Manufacturing Firms: What Model Do They Suggest? (JEL D24, E22, L60)

by Mikael Carlsson and Stefan LaséenNo143
(01 Dec 2002)
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Capital Charges under Basel II: Corporate Credit Risk Modelling and the Macro Economy (JEL C41, G21, G33, G38)

by Kenneth Carling, Tor Jacobson , Jesper Lindé and Kasper RoszbachNo142
(01 Sep 2002)
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How Important Is Precommitment for Monetary Policy? (JEL E52, E58)

by Richard Dennis and Ulf SöderströmNo139
(01 Sep 2002)
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Can a Calibrated New-Keynesian Model of Monetary Policy Fit the Facts? (JEL E52, E58)

by Ulf Söderström , Paul Söderlind and Anders Vr