This study examines the banking crises in Finland, Norway and Sweden, which took place in the early 1990s, and draws some policy conclusions from their experiences. One key conclusion is that factors in addition to business cycle effects explain the Nordic countries' financial problems. Although...

Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well as some exposure to Russia. Using the IMF’s Global Integrated Monetary and Fiscal model (GIMF), we examine spillovers the region could face, focusing on possible scenarios...

Evolution of monetary arrangements: Introduction -- New monetary economics and commodity bundles: a critique of the Black-FAMA-Hall system -- A measure of value independent of commodities: developing new monetary economics using the monetary theory of Schumpeter, Mises, and Wicksell -- Mind and...