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Persistent link: https://www.econbiz.de/10009424697
Sweden is experiencing double-digit housing price gains alongside rising household debt. A common interpretation is …
Persistent link: https://www.econbiz.de/10011445591
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 fiscal deficit and unemployment rate in this episode stems from two factors: (i)...
Persistent link: https://www.econbiz.de/10011445838
energy/environmental tax systems in Germany, Sweden, Turkey, and Vietnam suggests that there is substantial scope for policy …
Persistent link: https://www.econbiz.de/10012694116
Negative policy interest rates have prevailed for some years in Denmark and are a more recent development in Sweden …
Persistent link: https://www.econbiz.de/10011715468
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 responsibility than legal … obligations compared to European peers. First, we provide an account of Sweden's strategy and the health outcomes. Second, drawing …
Persistent link: https://www.econbiz.de/10012302076
Advanced economies have been witnessing a pronounced slowdown of productivity growth since the global financial crisis that is accompanied in recent years by a withdrawal from trade integration processes. We study the determinants of productivity slowdown over the past two decades in four...
Persistent link: https://www.econbiz.de/10012170132
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 Bank's reserve expansion program. We decompose government bond yields into (i) an...
Persistent link: https://www.econbiz.de/10011748716
, as well as Sweden as a benchmark. Profitability and efficiency of resource allocation of SOEs lag those of private firms …
Persistent link: https://www.econbiz.de/10011748785
stochastic general equilibrium (DSGE) model tailored to Sweden. Households face a ceiling on their loan-to-value ratio and must …
Persistent link: https://www.econbiz.de/10011705567