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Lender of last report in a transitional economy with a fixed exchange rate : financial crises and monetary policy in Sweden under the silver and gold standards, 1834 - 1913

Ögren, Anders (contributor) - 2003 - [Elektronische Ressource], Rev. October 15, 2003

According to the classical view, an economy's lender of last resort should be its central bank. For brief periods of time, the bank might suspend convertibility in order to provide the liquidity needed to support the domestic credit market. Recent experience of financial crises demonstrates the...

Persistent link: https://www.econbiz.de/10001799324

Commercial note issuing banks and capital market development : an empirical test of the Enskilda Banks' assets, liabilities and reserves in relation to evolving capital market liqu...

Ögren, Anders (contributor) - 2003 - [Elektronische Ressource]

First established during the 1830's, the Enskilda banks were characterized by unlimited owner liability and the right to issue bank notes. Consequently, in Swedish banking history, these banks have been considered to be primitive relics. This paper utilizes new data to revise this picture of the...

Persistent link: https://www.econbiz.de/10001808209

Expansion of the money supply with a fixed exchange rate : "free banking" in Sweden under the silver and gold standards, 1834 - 1913

Ögren, Anders (contributor) - 2003 - [Elektronische Ressource]

This paper studies the role of bank notes issued by the private Enskilda banks in the expansion of the Swedish monetary stock under the classic specie standard maintained during the period 1834-1913. The use of balance sheets has made possible the estimation of more accurate and continuous...

Persistent link: https://www.econbiz.de/10001808223

Reserves, money supply and prices : the international adjustment mechanism in Sweden under the silver and gold standards, 1834 - 1913

Ögren, Anders (contributor) - 2003 - [Elektronische Ressource]

This paper explores how international capital movements affected the domestic money supply. This requires that the causality at work in the adjustment process be analyzed. For this purpose, series of central bank reserves, the monetary base, the money supply and the balance of payments were...

Persistent link: https://www.econbiz.de/10001813559

Essays on trade, growth and applied econometrics

Gustavsson, Patrik - 2001

Persistent link: https://www.econbiz.de/10001582785

Handelns förnyelse

Wirsäll, Nils-Erik - 1986 - 2., rev. uppl

Persistent link: https://www.econbiz.de/10000783074

The survival of new products

Asplund, Marcus; Sandin, Rickard - 1996

Persistent link: https://www.econbiz.de/10000953740

Innovation and performance in manufacturing industries : a comparison of the Nordic countries

Lööf, Hans; Heshmati, Almas; Asplund, Rita; Nåås, … - 2001 - [Elektronische Ressource]

The availability of new internationally-harmonized innovation survey data collected from OECD countries has created … some interesting opportunities for studying the following two key areas: (1) the determinants of innovation behavior at … firm level, and (2) innovation as an important factor contributing to the economic growth. This paper looks at the …

Persistent link: https://www.econbiz.de/10001600085

Entrepreneurship : a weak link in the welfare state

Henrekson, Magnus (contributor) - 2002 - [Elektronische Ressource], Rev. March 11, 2005

widely recognized that the supply of entrepreneurial talent is likely to be important for economic growth, innovation and job … ; Entrepreneurship ; Innovation ; Swedish model ; Welfare state …

Persistent link: https://www.econbiz.de/10001717909

Innovation in distribution channels : an evolutionary approach

Nyberg, Anna - 1999

Persistent link: https://www.econbiz.de/10000990946