A stable relationship between monetary policy rates and bank lending and deposit rates faced by consumers and companies is essential for the effective transmission of monetary policy decisions. This paper studies how changes in the policy rate set by the Swedish central bank, the Riksbank, have...

After the onset of the crisis, unemployment in Sweden increased markedly, though much less than expected and than during the early 1990s, even as participation in the labour market held up well. The challenge going forward is to ensure that high unemployment does not become entrenched or leads...

Banking credit to the private sector in Latin America has on average increased by 7 percent of GDP from primo 2004 to ultimo 2011, with real credit in some countries growing by up to 20 percent per year. This paper documents and analyzes the patterns of credit growth in 18 countries in Latin...

The effect of a static electric field on the crystal structure of <InlineEquation ID="Equ1"> <EquationSource Format="TEX">$\alpha $</EquationSource> </InlineEquation>-quartz has been determined by Xray diffraction on single crystals. By a stroboscopic technique rocking curves are measured quasi simultaneously for zero field and for two opposite strong fields (28.8 kV/cm) applied in...</equationsource></inlineequation>

The paper studies the effects and the determinants of interregional redistribution in a federation of jurisdictions among which households are mobile. Each jurisdiction controls a local redistributive policy that is democratically chosen by its residents. Paradoxical consequences of...

El crédito bancario al sector privado como porcentaje del PBI ha crecido 9 por ciento en América Latina entre 2004 y 2011. En términos reales, el crédito ha crecido incluso más de 20 por ciento en algunos países. Este trabajo analiza los patrones de dicho crecimiento en 18 países de la...