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Jacobson, Tor (contributor) - 2008

This paper studies the relation between macroeconomic fluctuations and corporate defaults while conditioning on industry affiliation and an extensive set of firm-specific factors. Using a logit approach on a panel data set for all incorporated Swedish businesses over 1990-2002, we find strong...

Persistent link: https://www.econbiz.de/10003766847

Re-evaluating Swedish membership in EMU : evidence from an estimated model

Söderström, Ulf - 2008

I revisit the potential costs and benefits for Sweden of joining the Economic and Monetary Union (EMU) of the European … inflation and GDP growth might have been slightly higher if Sweden had been a member of EMU since the launch in 1999, but also … in the monetary union would be advantageous for Sweden. -- DSGE model ; Monetary union ; Open economy ; Optimum Currency …

Persistent link: https://www.econbiz.de/10003793441

Macroeconomic impact on expected default frequency

Åsberg, Per (contributor); Shahnazarian, Hovick (contributor) - 2008

We use a vector error correction model to study the long-term relationship between aggregate expected default frequency and the macroeconomic development, i.e. CPI, industry production and short-term interest rate. The model is used to forecast the median expected default frequency of the...

Persistent link: https://www.econbiz.de/10003618542

Monetary regime change and business cycles

Cúrdia, Vasco; Finocchiaro, Daria - 2010

This paper analyzes to what extent changes in monetary policy regimes influence the business cycle in a small open economy and investigates the impact of policy breaks on the estimation procedure. We estimate a DSGE model on Swedish data, explicitly taking into account the monetary regime change...

Persistent link: https://www.econbiz.de/10003960560

Structural and cyclical forces in the labor market during the great recession : cross-country evidence

Sala, Luca; Söderström, Ulf; Trigari, Antonella - 2012

price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and … factors were also important in the U.K., but less so in Sweden and Germany. Reduced matching efficiency was considerably less … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …

Persistent link: https://www.econbiz.de/10009632676

Monetary policy shocks and business cycle fluctuations in a small open economy : Sweden 1986-2002

Lindé, Jesper - 2003

This paper contains an empirical analysis of the dynamic effects of monetary policy on Swedish data within a framework consistent with the theoretical New-Keynesian type of small open economy models. Because of what appears to be time-varying seasonal patterns in the data, I argue that it is of...

Persistent link: https://www.econbiz.de/10011583586

Konjunkturschlaglicht: Wende am Arbeitsmarkt

Otto, Alkis Henri - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 89 (2009) 1, pp. 62-63

Persistent link: https://www.econbiz.de/10003793888

Krise, Arbeitsmarkt, Erholung : was kommt auf uns zu?

Fritsche, Ulrich - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 89 (2009) 12, pp. 778-779

Persistent link: https://www.econbiz.de/10003910189

The output gap, the labor wedge, and the dynamic behavior of hours

Sala, Luca; Söderström, Ulf; Trigari, Antonella - 2010

We use a standard quantitative business cycle model with nominal price and wage rigidities to estimate two measures of economic ineffciency in recent U.S. data: the output gap - the gap between the actual and effcient levels of output - and the labor wedge - the wedge between households'...

Persistent link: https://www.econbiz.de/10008696839

Die konjunkturelle Erholung ist keineswegs gesichert

Scheide, Joachim - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 90 (2010) 4, pp. 210-211

Persistent link: https://www.econbiz.de/10003956049