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What are the Economic Effects of Pandemic Containment Policies? Evidence from Sweden »

Source: What are the Economic Effects of Pandemic Containment Policies? Evidence from Sweden

Volume/Issue: 2020/191

Series: IMF Working Papers

Author(s): Jana Bricco , Florian Misch , and Alexandra Solovyeva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 September 2020

ISBN: 9781513556109

Keywords: Containment, Sweden, Covid-19

This paper examines the economic effects of policies to contain Covid-19, by extracting lessons from Sweden's experience during the ‘Great Lockdown'. Sweden's approach was less stringent and based more on social re...

Sweden »

Source: Sweden : Technical Assistance Report-Proposed Amendments to the Riksbank Act

Volume/Issue: 192020/239

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 August 2020

ISBN: 9781513552224

At the request of the central bank of Sweden (the Riksbank), the Monetary and Capital Markets Department (MCM) provided technical assistance (TA) on central bank operations by means of a desk review of the proposed...

The Costs of Macroprudential Deleveraging in a Liquidity Trap* »

Source: The Costs of Macroprudential Deleveraging in a Liquidity Trap

Volume/Issue: 2020/89

Series: IMF Working Papers

Author(s): Jiaqian Chen , Daria Finocchiaro , Jesper Lindé , and Karl Walentin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 June 2020

ISBN: 9781513546803

Keywords: Economic conditions, Financial crises, Economic policy, Price indexes, Real interest rates, Household debt, Zero lower bound, New Keynesian model, Collateral and borrowing constraints, Mortgage interest deductibility

We examine the effects of various borrower-based macroprudential tools in a New Keynesian environment where both real and nominal interest rates are low. Our model features long-term debt, housing transaction costs...

Designing Central Bank Digital Currencies1 »

Source: Designing Central Bank Digital Currencies

Volume/Issue: 2019/252

Series: IMF Working Papers

Author(s): Itai Agur , Anil Ari , and Giovanni Dell'Ariccia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 November 2019

ISBN: 9781513519883

Keywords: Central banks, Financial systems, Central banking, Interest rates on loans, Interest rates on deposits, CBDC, Fintech, Digital currency, Financial intermediation, Network effects.

We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash, CBDC and bank deposits according to their preferences over anonymity and security; and where netw...

IMF Executive Board Concludes 2019 Article IV Consultation with Sweden »

Source: Sweden : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2019/88

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2019

ISBN: 9781498305259

Keywords: Financial soundness indicators, Financial statistics, Price indexes, Monetary statistics, Economic growth, Riksbank, percent of GDP, HICP, percent change, Haver

This Article IV Consultation highlights that Sweden's growth is expected to slow in 2019, with material downside risks from the global economy and domestic demand. A data-dependent approach to monetary policy is ap...

Statement by Mr. Ostros, Executive Director for Sweden and Ms. Karjanlahti, Senior Advisor to Executive Director March 25, 2019 »

Source: Sweden : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2019/88

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2019

ISBN: 9781498305259

Keywords: Financial soundness indicators, Financial statistics, Price indexes, Monetary statistics, Economic growth, Riksbank, percent of GDP, HICP, percent change, Haver

This Article IV Consultation highlights that Sweden's growth is expected to slow in 2019, with material downside risks from the global economy and domestic demand. A data-dependent approach to monetary policy is ap...

Sweden: 2019 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Sweden »

Source: Sweden : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2019/88

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2019

ISBN: 9781498305259

Keywords: Financial soundness indicators, Financial statistics, Price indexes, Monetary statistics, Economic growth, Riksbank, percent of GDP, HICP, percent change, Haver

This Article IV Consultation highlights that Sweden's growth is expected to slow in 2019, with material downside risks from the global economy and domestic demand. A data-dependent approach to monetary policy is ap...

Revisiting the Economic Case for Fiscal Union in the Euro Area »

Source: Revisiting the Economic Case for Fiscal Union in the Euro Area

Volume/Issue: 2018/3

Series: Departmental Papers / Policy Papers

Author(s): Helge Berger , Giovanni Dell'Ariccia , and Maurice Obstfeld

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 February 2018

ISBN: 9781484340424

Keywords: Sweden, Switzerland, United Kingdom, Monetary unions, Spain, Italy, Fiscal policy, France, Germany, Greece

The paper makes an analytical contribution to the revived discussion about the euro area's institutional setup. After significant progress during the euro crisis, the drive to complete Europe's Economic and Monetar...

IMF Executive Board Concludes 2017 Article IV Consultation with Sweden »

Source: Sweden : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2017/350

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2017

ISBN: 9781484329634

Keywords: Article IV consultation reports, Monetary policy, Exchange rate policy, Labor markets, Housing, Fiscal policy, Wage increases, Inflation targeting, Economic indicators, Balance of payments

This 2017 Article IV Consultation highlights Sweden's continued strong economic growth. Real GDP is expected to rise by 3.1 percent in 2017, driven by both domestic demand and exports growing at a similar pace. Rob...

Statement by Mr. Thomas Ostros, Executive Director for Sweden, and Ms. Gudrun Gunnarsdottir, Advisor to Executive Director November 15, 2017 »

Source: Sweden : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2017/350

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2017

ISBN: 9781484329634

Keywords: Article IV consultation reports, Monetary policy, Exchange rate policy, Labor markets, Housing, Fiscal policy, Wage increases, Inflation targeting, Economic indicators, Balance of payments

This 2017 Article IV Consultation highlights Sweden's continued strong economic growth. Real GDP is expected to rise by 3.1 percent in 2017, driven by both domestic demand and exports growing at a similar pace. Rob...

Sweden: Selected Issues »

Source: Sweden : Selected Issues

Volume/Issue: 2017/351

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2017

ISBN: 9781484329665

Keywords: Private savings, Household credit, Wages, Wage bargaining, Selected issues, Sweden

This Selected Issues paper analyzes the high household savings in Sweden. Preliminary evidence suggests that the large increase in savings after the financial crisis may reflect the rising cost of elder care. Econo...

Sweden: Selected Issues »

Source: Sweden : Selected Issues

Volume/Issue: 2017/351

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2017

ISBN: 9781484329665

Keywords: Private savings, Household credit, Wages, Wage bargaining, Selected issues, Sweden

This Selected Issues paper analyzes the high household savings in Sweden. Preliminary evidence suggests that the large increase in savings after the financial crisis may reflect the rising cost of elder care. Econo...

Sweden: Staff Report for the 2017 Article IV Consultation »

Source: Sweden : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2017/350

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2017

ISBN: 9781484329634

Keywords: Article IV consultation reports, Monetary policy, Exchange rate policy, Labor markets, Housing, Fiscal policy, Wage increases, Inflation targeting, Economic indicators, Balance of payments

This 2017 Article IV Consultation highlights Sweden's continued strong economic growth. Real GDP is expected to rise by 3.1 percent in 2017, driven by both domestic demand and exports growing at a similar pace. Rob...

Sweden: Staff Report for the 2017 Article IV Consultation—Informational Annex »

Source: Sweden : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2017/350

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2017

ISBN: 9781484329634

Keywords: Article IV consultation reports, Monetary policy, Exchange rate policy, Labor markets, Housing, Fiscal policy, Wage increases, Inflation targeting, Economic indicators, Balance of payments

This 2017 Article IV Consultation highlights Sweden's continued strong economic growth. Real GDP is expected to rise by 3.1 percent in 2017, driven by both domestic demand and exports growing at a similar pace. Rob...

Sweden »

Source: Sweden : Financial Sector Assessment Program-Technical Note-Regulation and Supervision of Cross-Border Securities Activities

Volume/Issue: 2017/308

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2017

ISBN: 9781484322451

Keywords: Financial Sector Assessment Program, Securities markets, Securities regulations, Cross-border banking, Sweden

This Technical Note discusses the findings and recommendations in the Financial Sector Assessment Program for Sweden in the areas of regulation and supervision of cross-border securities activities. The Finansinspe...

Sweden »

Source: Sweden : Financial Sector Assessment Program-Technical Note-Crisis Readiness, Management, and Resolution

Volume/Issue: 2017/306

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2017

ISBN: 9781484322413

Keywords: Financial Sector Assessment Program, Financial sector, Crisis prevention, Financial safety nets, Bank resolution, Sweden

This Technical Note discusses the findings and recommendations in the Financial Sector Assessment Program (FSAP) for Sweden in the areas of financial safety net and crisis management arrangements. Since the 2011 FS...

Sweden »

Source: Sweden : Financial Sector Assessment Program-Technical Note-Systemic Risk Oversight Framework and Management

Volume/Issue: 2017/311

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2017

ISBN: 9781484322499

Keywords: Financial Sector Assessment Program, Financial sector, Financial risk, Risk management, Housing prices, Macroprudential Policy, Financial stability, Sweden

This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Sweden in the areas of the systemic risk oversight framework and management. To promote accountabil...

Sweden »

Source: Sweden : Financial Sector Assessment Program-Technical Note-Supervision and Oversight of Financial Market Infrastructures

Volume/Issue: 2017/310

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2017

ISBN: 9781484322482

Keywords: Financial Sector Assessment Program, Capital markets, Infrastructure, Bank supervision, Risk management, Securities markets, Financial instruments, Sweden

This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Sweden in the areas of supervision and oversight of financial market infrastructures (FMIs). FMIs i...

Sweden »

Source: Sweden : Financial Sector Assessment Program-Technical Note-Insurance Sector Regulation and Supervision

Volume/Issue: 2017/307

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2017

ISBN: 9781484322420

Keywords: Financial Sector Assessment Program, Insurance, Insurance regulations, Insurance supervision, Pensions, Financial stability, Macroprudential Policy, Crisis prevention, Sweden

This Technical Note discusses the findings and recommendations in the Financial Sector Assessment Program (FSAP) for Sweden in the areas of insurance sector regulation and supervision. The regulatory and supervisor...

Sweden »

Source: Sweden : Financial Sector Assessment Program-Technical Note-Stress Testing

Volume/Issue: 2017/309

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2017

ISBN: 9781484322475

Keywords: Financial Sector Assessment Program, Banking sector, Stress testing, Liquidity, Insurance, Risk management, Sweden

This Technical Note explains the stress testing approach of the 2016 Financial Sector Assessment Program in assessment of risk in the Swedish financial sector and provides the results of the tests. Stress tests cov...

Sweden »

Source: Sweden : Financial Sector Assessment Program-Technical Note- Banking Regulation and Supervision

Volume/Issue: 2017/305

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2017

ISBN: 9781484322369

Keywords: Financial Sector Assessment Program, Banking sector, Bank regulations, Bank supervision, Sweden

This Technical Note evaluates banking regulation and supervision in Sweden. The Finansinspektionen (Financial Supervisory Authority, FI) has made considerable progress developing supervisory approaches and techniqu...

Quantitative Easing and Long-Term Yields in Small Open Economies* »

Source: Quantitative Easing and Long-Term Yields in Small Open Economies

Volume/Issue: 2017/212

Series: IMF Working Papers

Author(s): Antonio Diez de los Rios , and Maral Shamloo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 September 2017

ISBN: 9781484320730

Keywords: Europe, Sweden, Switzerland, Central banks and their policies, United Kingdom, United States, Western Hemisphere, Unconventional monetary policy, event study, signaling

We compare the effectiveness of Federal Reserve's asset purchase programs in lowering longterm yields with that of similar programs implemented by the Bank of England, the Swedish Riksbank, and the Swiss National B...

How to Improve the Financial Oversight of Public Corporations »

Source: How to Improve the Financial Oversight of Public Corporations

Volume: 16

Series: Fiscal Affairs Department How-To Notes

Author(s): Richard Allen , and Miguel Alves

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 November 2016

ISBN: 9781475551983

Keywords: Capitalization, Public corporations, Europe, Asia and Pacific, Australia, South Africa, Sub-Saharan Africa, Sweden, state-owned enterprises, risk

Many studies have highlighted how failures of public corporations (otherwise known as state-owned enterprises) can result in huge economic and fiscal costs. To contain the risks associated with these costs, an effe...

IMF Executive Board Concludes 2016 Article IV Consultation with Sweden »

Source: Sweden : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2016/353

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2016

ISBN: 9781475553819

Keywords: Sweden, Europe

This 2016 Article IV Consultation highlights that Sweden is enjoying strong economic performance, with real GDP growth heading for about 3.4 percent in 2016 on the heels of an expansion of just over 4 percent in 20...

Statement by Mr. Thomas Ostros, Executive Director for Sweden, and Mr. Thomas Pihl Gade, Senior Advisor to Executive Director, November 14, 2016 »

Source: Sweden : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2016/353

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2016

ISBN: 9781475553819

Keywords: Sweden, Europe

This 2016 Article IV Consultation highlights that Sweden is enjoying strong economic performance, with real GDP growth heading for about 3.4 percent in 2016 on the heels of an expansion of just over 4 percent in 20...

Sweden »

Source: Sweden : Financial System Stability Assessment

Volume/Issue: 2016/355

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2016

ISBN: 9781475554618

Keywords: Europe, Sweden

This paper discusses the findings of the Financial System Stability Assessment for Sweden. The Swedish financial system is large and highly interconnected, putting a premium on the accompanying policy framework. Re...

Sweden: Selected Issues »

Source: Sweden : Selected Issues

Volume/Issue: 2016/354

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2016

ISBN: 9781475553826

Keywords: Europe, Sweden

This Selected Issues paper discusses measures taken to enable timely macroprudential action in Sweden. The Swedish financial supervisory authority (FI) has adopted a number of macroprudential measures under its man...

Sweden:Selected Issues »

Source: Sweden : Selected Issues

Volume/Issue: 2016/354

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2016

ISBN: 9781475553826

Keywords: Europe, Sweden

This Selected Issues paper discusses measures taken to enable timely macroprudential action in Sweden. The Swedish financial supervisory authority (FI) has adopted a number of macroprudential measures under its man...

Sweden: Staff Report for the 2016 Article IV Consultation »

Source: Sweden : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2016/353

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2016

ISBN: 9781475553819

Keywords: Sweden, Europe

This 2016 Article IV Consultation highlights that Sweden is enjoying strong economic performance, with real GDP growth heading for about 3.4 percent in 2016 on the heels of an expansion of just over 4 percent in 20...

Sweden: Staff Report for the 2016 Article IV Consultation—Informational Annex »

Source: Sweden : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2016/353

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2016

ISBN: 9781475553819

Keywords: Sweden, Europe

This 2016 Article IV Consultation highlights that Sweden is enjoying strong economic performance, with real GDP growth heading for about 3.4 percent in 2016 on the heels of an expansion of just over 4 percent in 20...

Sweden: Staff Report for the 2016 Article IV Consultation–Supplementary Information »

Source: Sweden : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

Volume/Issue: 2016/353

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2016

ISBN: 9781475553819

Keywords: Sweden, Europe

This 2016 Article IV Consultation highlights that Sweden is enjoying strong economic performance, with real GDP growth heading for about 3.4 percent in 2016 on the heels of an expansion of just over 4 percent in 20...

Negative Interest Rates »

Source: Negative Interest Rates : How Big a Challenge for Large Danish and Swedish Banks?

Volume/Issue: 2016/198

Series: IMF Working Papers

Author(s): Rima Turk

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 October 2016

ISBN: 9781475544688

Keywords: Negative interest rates; Bank Profitability; Denmark; Sweden.

Negative policy interest rates have prevailed for some years in Denmark and are a more recent development in Sweden. Among other potential side effects, negative rates could weaken banks' profitability by reducing...

Cross-Country Report on Spillovers »

Source: Cross-Country Report on Spillovers : Selected Issues

Volume/Issue: 2016/212

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 July 2016

ISBN: 9781498343046

Keywords: Spillovers, Monetary policy, European Central Bank, Emerging markets, Developed countries, Cross country analysis, Economic models, Selected Issues Papers, Poland, Sweden

This paper identifies policies to increase productivity in the East, reduce regional income disparities, and promote overall income convergence. Achieving this objective will require improving educational attainmen...

Macroprudential and Monetary Policy Interactions in a DSGE Model for Sweden »

Source: Macroprudential and Monetary Policy Interactions in a DSGE Model for Sweden

Volume/Issue: 2016/74

Series: IMF Working Papers

Author(s): Jiaqian Chen , and Francesco Columba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2016

ISBN: 9781475546545

Keywords: Macroprudential Policies; Monetary Policy; Collateral Constraints

We analyse the effects of macroprudential and monetary policies and their interactions using an estimated dynamic stochastic general equilibrium (DSGE) model tailored to Sweden. Households face a ceiling on their l...

Unconventional Policy Instruments in the New Keynesian Model »

Source: Unconventional Policy Instruments in the New Keynesian Model

Volume/Issue: 2016/58

Series: IMF Working Papers

Author(s): Zineddine Alla , Raphael Espinoza , and Atish Ghosh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2016

ISBN: 9781513573038

Keywords: Unconventional monetary policy, equilibrium indeterminacy, stabilization bias, inflationary bias, instrument, instruments, inflation, monetary policy, interest, Monetary Policy (Targets

This paper analyzes the use of unconventional policy instruments in New Keynesian setups in which the ‘divine coincidence' breaks down. The paper discusses the role of a second instrument and its coordination with...

Individual Choice or Policies? Drivers of Female Employment in Europe »

Source: Individual Choice or Policies? Drivers of Female Employment in Europe

Volume/Issue: 2016/49

Series: IMF Working Papers

Author(s): Lone Engbo Christiansen , Huidan Lin , Joana Pereira , Petia Topalova , and Rima Turk

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 March 2016

ISBN: 9781513551364

Keywords: gender gaps, International Social Survey Programme, labor force, labor, labor supply, employment, General, Economics of Gender, General, International Social Survey Programme.,

Female labor force participation has increased markedly in many European countries during the past decades. Nonetheless, participation rates remain low in some economies, and a significant gender gap persists in mo...

The Refugee Surge in Europe »

Source: The Refugee Surge in Europe : Economic Challenges

Volume/Issue: 2016/2

Series: Staff Discussion Notes

Author(s): Shekhar Aiyar , Bergljot Barkbu , Nicoletta Batini , Helge Berger , Enrica Detragiache , Allan Dizioli , Christian Ebeke , Huidan Lin , Linda Kaltani , Sebastian Sosa , Antonio Spilimbergo , and Petia Topalova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2016

ISBN: 9781513552590

Keywords: Migrations, Euro Area, Migrant labor, Labor supply, Labor markets, Emigration and immigration, Demographic transition, Population growth, Migration, Refugees

Against the background of political turmoil in the Middle-East, Europe faces an unprecedented surge in asylum applications. In analyzing the economic impact of this inflow, this paper draws from the experience of...

Housing Price and Household Debt Interactions in Sweden »

Source: Housing Price and Household Debt Interactions in Sweden

Volume/Issue: 2015/276

Series: IMF Working Papers

Author(s): Rima Turk

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 December 2015

ISBN: 9781513586205

Keywords: Housing market, Household debt, Collateral, prices, debt, supply, variables, income, Housing Demand, Sweden.,

Sweden is experiencing double-digit housing price gains alongside rising household debt. A common interpretation is that mortgage lending boosted by expansionary monetary policy is driving up house prices. But theo...

Fiscal Consolidation During Times of High Unemployment »

Source: Fiscal Consolidation During Times of High Unemployment : The Role of Productivity Gains and Wage Restraint

Volume/Issue: 2015/262

Series: IMF Working Papers

Author(s): Ruy Lama , and Juan Pablo Medina Guzman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2015

ISBN: 9781513501192

Keywords: Fiscal Consolidation, Search Models of Unemployment, Small Open Economy, productivity, economy, unemployment, competition, unemployment rate, Unemployment: Models, Duration

This paper studies the Swedish fiscal consolidation episode of the 1990s through the lens of a small open economy model with distortionary taxation and unemployment. We argue that the simultaneous reduction in the...

The Nordic Labor Market and Migration »

Source: The Nordic Labor Market and Migration

Volume/Issue: 2015/254

Series: IMF Working Papers

Author(s): Giang Ho , and Kazuko Shirono

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2015

ISBN: 9781513528366

Keywords: Nordic countries, migration, labor market, unemployment, Nordic model, labor, labor supply, drivers, Institutions and the Macroeconomy, Labor Force and Employment

The large influx of migrants to Nordic countries in recent years is challenging the adoptability of Nordic labor market institutions while also adding to potential growth. This paper examines the trends, economic d...

IMF Executive Board Concludes 2015 Article IV Consultation with Sweden »

Source: Sweden : 2015 Article IV Consultation-Press Release; Staff Report; Information Annex; and Statement by the Executive Director for Sweden

Volume/Issue: 2015/329

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513559537

Keywords: inflation, market, debt, labor market, monetary fund

This 2015 Article IV Consultation highlights that Sweden's economy is performing well, with real GDP growth of 3.4 percent per year in the first three quarters of 2015, up from 2.3 percent in 2014. Job creation was...

Statement by Mr. Thomas Ostros, Alternate Executive Director for Sweden and Mr. Paavo Miettinen, Advisor to the Executive Director, November 30, 2015 »

Source: Sweden : 2015 Article IV Consultation-Press Release; Staff Report; Information Annex; and Statement by the Executive Director for Sweden

Volume/Issue: 2015/329

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513559537

Keywords: inflation, market, debt, labor market, monetary fund

This 2015 Article IV Consultation highlights that Sweden's economy is performing well, with real GDP growth of 3.4 percent per year in the first three quarters of 2015, up from 2.3 percent in 2014. Job creation was...

Sweden: Selected Issues »

Source: Sweden : Selected Issues

Volume/Issue: 2015/330

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513524368

Keywords: labor market, unemployment, labor, employment, labor supply

This Selected Issues paper examines the labor market and migration in Sweden. Sweden enjoys a broadly well-functioning labor market. The labor force has been expanding at a healthy pace, in part reflecting rising p...

Sweden: Selected Issues »

Source: Sweden : Selected Issues

Volume/Issue: 2015/330

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513524368

Keywords: labor market, unemployment, labor, employment, labor supply

This Selected Issues paper examines the labor market and migration in Sweden. Sweden enjoys a broadly well-functioning labor market. The labor force has been expanding at a healthy pace, in part reflecting rising p...

Sweden: Staff Report for the 2015 Article IV Consultation »

Source: Sweden : 2015 Article IV Consultation-Press Release; Staff Report; Information Annex; and Statement by the Executive Director for Sweden

Volume/Issue: 2015/329

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513559537

Keywords: inflation, market, debt, labor market, monetary fund

This 2015 Article IV Consultation highlights that Sweden's economy is performing well, with real GDP growth of 3.4 percent per year in the first three quarters of 2015, up from 2.3 percent in 2014. Job creation was...

Sweden: Staff Report for the 2015 Article IV Consultation—Informational Annex »

Source: Sweden : 2015 Article IV Consultation-Press Release; Staff Report; Information Annex; and Statement by the Executive Director for Sweden

Volume/Issue: 2015/329

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513559537

Keywords: inflation, market, debt, labor market, monetary fund

This 2015 Article IV Consultation highlights that Sweden's economy is performing well, with real GDP growth of 3.4 percent per year in the first three quarters of 2015, up from 2.3 percent in 2014. Job creation was...

Monetary Transmission »

Source: Monetary Transmission : Are Emerging Market and Low Income Countries Different?

Volume/Issue: 2015/239

Series: IMF Working Papers

Author(s): Ales Bulir , and Jan Vlcek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 November 2015

ISBN: 9781513554235

Keywords: Monetary transmission, yield curve, interest, inflation, market, Monetary Policy (Targets, Instruments, and Effects), Asset Pricing, All Countries,

We use two alternative representations of the yield curve to test the functioning of the interest rate transmission mechanism along the yield curve based on government paper in a sample of emerging market and low-i...

Breaking Through the Zero Lower Bound »

Source: Breaking Through the Zero Lower Bound

Volume/Issue: 2015/224

Series: IMF Working Papers

Author(s): Ruchir Agarwal , and Miles Kimball

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 October 2015

ISBN: 9781513567327

Keywords: electronic money, currency, paper currency, interest rate, money, interest rates, General, All Countries,

There has been much discussion about eliminating the 'zero lower bound' by eliminating paper currency. But such a radical and difficult approach as eliminating paper currency is not necessary. Much as during the Gr...

Is There a Debt-threshold Effect on Output Growth?1 »

Source: Is There a Debt-threshold Effect on Output Growth?

Volume/Issue: 2015/197

Series: IMF Working Papers

Author(s): Alexander Chudik , Kamiar Mohaddes , M. Pesaran , and Mehdi Raissi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 September 2015

ISBN: 9781513513355

Keywords: Panel tests of threshold effects, long-run relationships, estimation and inference, large dynamic heterogeneous panels, cross-section dependence, and inflation, variables, gdp, cd, inflation

This paper studies the long-run impact of public debt expansion on economic growth and investigates whether the debt-growth relation varies with the level of indebtedness. Our contribution is both theoretical and e...

Capital Inflows, Credit Growth, and Financial Systems »

Source: Capital Inflows, Credit Growth, and Financial Systems

Volume/Issue: 2015/193

Series: IMF Working Papers

Author(s): Deniz Igan , and Zhibo Tan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 August 2015

ISBN: 9781513581262

Keywords: Financial development, Financial structure, credit growth, financial system, Financial Markets and the Macroeconomy,

Exploiting a granular panel dataset that breaks down capital inflows into FDI, portfolio and other categories, and distinguishes between credit to the household sector and to the corporate sector, we investigate th...

Cross-Country Report on Inflation »

Source: Cross-Country Report on Inflation : Selected Issues

Volume/Issue: 2015/184

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2015

ISBN: 9781513525464

Keywords: inflation, external factors, core inflation, output gap, disinflation

This Selected Issues paper examines the causes and drivers of low inflation in European inflation targeting countries outside the euro area, focusing on the Czech Republic, Poland, Sweden, and Switzerland. It estim...

Pension Reforms in Mauritius »

Source: Pension Reforms in Mauritius : Fair and Fast-Balancing Social Protection and Fiscal Sustainability

Volume/Issue: 2015/126

Series: IMF Working Papers

Author(s): Mauricio Soto , Vimal Thakoor , and Martin Petri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 June 2015

ISBN: 9781513568331

Keywords: pension reform, pension, retirement, defined benefit, retirement age, Studies of Particular Policy Episodes, Social Security and Public Pensions, Demographic Trends and Forecasts,

Despite important past reforms, the ageing population of Mauritius threatens the sustainability of its pension system. This paper examines how pension spending might increase without reforms and discusses reforms o...

Spillovers in the Nordic Countries »

Source: Spillovers in the Nordic Countries

Volume/Issue: 2015/70

Series: IMF Working Papers

Author(s): Borislava Mircheva , and Dirk Muir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 March 2015

ISBN: 9781475554106

Keywords: dynamic stochastic general equilibrium models, Nordic countries, gdp, demand, consumption, real gdp, investment, Forecasting and Simulation, Monetary Policy (Targets, Instruments

Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well as some exposure to Russia. Using the IMF's Global Integrated Monetary and Fiscal model (GIMF...

Youth Unemployment in Advanced Europe »

Source: Youth Unemployment in Advanced Europe : Okun's Law and Beyond

Volume/Issue: 2015/5

Series: IMF Working Papers

Author(s): Angana Banerji , Huidan Lin , and Sergejs Saksonovs

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 January 2015

ISBN: 9781498382519

Keywords: Youth employment, youth unemployment, Okun&;amp;#x2019;s law, business cycle, labor market factors, labor market, labor, employment, General, Labor Force and Employment

The crisis has intensified what was previously a chronic unemployment problem in Europe; youth unemployment is now at unprecedented highs in some European countries. This paper assesses the main drivers of youth un...

The Development of Local Capital Markets »

Source: The Development of Local Capital Markets : Rationale and Challenges

Volume/Issue: 2014/234

Series: IMF Working Papers

Author(s): Luc Laeven

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 December 2014

ISBN: 9781498372978

Keywords: financial markets, markets, market, market development, capital market, Globalization: Finance, General, financial markets.,

Capital markets can improve risk sharing and the efficiency with which capital is allocated to the real economy, boosting economic growth and welfare. However, despite these potential benefits, not all countries ha...