Search results
Jul 17, 2018 · This paper explores for spillovers from monetary policy in the United States to a number of advanced countries, namely Canada, Denmark, the Eurozone, Japan, Sweden, Switzerland, and the United Kingdom. We use monthly data, from January 1997 to December 2017, and a bivariate structural GARCH-in-Mean VAR to investigate the effects of positive and negative U.S. monetary policy shocks, and also ...
Nov 1, 2010 · Abstract. This study measures the heterogeneous effects of monetary policy on regional house prices in Sweden 1991–2002. We use a multivariate persistent shock metric to examine the impact of short-term interest rate on the property market. We also segregate the influence of interest rate shocks and influence of local shocks to capture their ...
Feb 11, 2024 · Monetary policy went a step further, beyond financial stability. Purchases of securities continued at a rapid pace throughout 2021 despite the recovery from the pandemic, not least in Sweden. These large asset purchases reduced long-term interest rates and contributed to a sharply rising money supply (Figure 7 ).
Sweden. Growth is set to slow to 2.2% this year and 1% in 2023. Heightened global uncertainty will weigh on business investment and exports. Household consumption is backed by a strong labour market, high savings and fiscal support, but will slow as higher inflation and interest rates start to bite. The unemployment rate will continue to fall ...
The monetary policy strategy was forward‐ looking and described by the Riksbank as follows: “The basic rule for monetary policy is simple: if forecast inflation one to two years ahead is above ...
Nov 8, 2022 · This would probably require a tight monetary policy for some time to come, which would lead to weaker employment growth. Consequently, the Government’s choice is a neutral fiscal policy, including a slightly tighter budget for 2023 and a high-cost protection scheme for households and businesses affected by high electricity prices.
The Sveriges Riksbank, the Swedish central bank, is an authority under the Riksdag (parliament) with responsibility for monetary policy. Its objectives are to maintain price stability and to promote a safe and efficient payment system. With the advent of the new regime, which went into effect in January 1999, the Riksdag appoints the Riksbank ...
