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This paper analyzes the transmission of shocks and policies among and across the Nordic economies and the rest of the world. This spillover analysis is based on a pair of estimated structural macroeconometric models of the world economy, disaggregated into thirty five national economies. We find...
Persistent link: https://www.econbiz.de/10010790263
Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well … independent monetary policy, and Denmark and Norway are net energy exporters while Finland and Sweden are energy importers. We … of integration among the four Nordic economies. These differences are driven by the fact that Denmark and Finland have no …
Persistent link: https://www.econbiz.de/10011242239
and high household debt. The economic performance of the four continental Nordic economies (Denmark, Finland, Norway, and …
Persistent link: https://www.econbiz.de/10011243046
This paper examines 2013 Cluster Consultation—a Nordic Regional IMF staff report. Denmark, Finland, Norway, and … Sweden that form the Nordic region share a set of strong economic and social institutions and policies, with emphasis on …
Persistent link: https://www.econbiz.de/10011243412
This 2014 Article IV Consultation highlights that Finland’s strong economic record has stalled. The economy has been in recession for three of the last five years, and unemployment is now more than 8 percent, with more people without work for longer. The shortfall in growth, coming at a...
Persistent link: https://www.econbiz.de/10011244252
This paper discusses key findings of fiscal transparency evaluation for Finland. It highlights that Finland meets most … for fiscal management in Finland is relatively low. Overall, the Finnish authorities produce an impressive amount of data … and information related to all three pillars of the Code. It is also highlighted that fiscal reporting in Finland is …
Persistent link: https://www.econbiz.de/10011245724
Persistent link: https://www.econbiz.de/10011243717
The synchronized disinflation across Europe since end-2011 raises the question of whether non-euro area EU countries are affected by the undershooting of the euro area inflation target. To shed light on this issue, we estimate an open-economy, New Keynsian Phillips curve, in which we control for...
Persistent link: https://www.econbiz.de/10010959481
financial crisis. Economic growth in Sweden has been moderate since global financial crisis of 2008–2009. The IMF report … of Swedish international banking groups are expected to benefit borrowers not only in Sweden but across the region. …
Persistent link: https://www.econbiz.de/10011245387
Persistent link: https://www.econbiz.de/10005771353