1,721,199 research outputs found
Steve H. Hanke, Lars Jonung, Kurt Schuler, Russian Currency and Finance - A Currency Board Approach to Reform
No full textSeurot François. Steve H. Hanke, Lars Jonung, Kurt Schuler, Russian Currency and Finance - A Currency Board Approach to Reform. In: Revue d'études comparatives Est-Ouest, vol. 25, 1994, n°3. pp. 191-193
Steve H. Hanke, Lars Jonung, Kurt Schuler, Russian Currency and Finance - A Currency Board Approach to Reform
No full textSeurot François. Steve H. Hanke, Lars Jonung, Kurt Schuler, Russian Currency and Finance - A Currency Board Approach to Reform. In: Revue d'études comparatives Est-Ouest, vol. 25, 1994, n°3. pp. 191-193
Proceedings of the 2004 first annual DG ECFIN research conference on “Business Cycles and Growth in Europeâ€
Get PDFIn October 2004, the Directorate General for Economic and Financial Affairs (ECFIN) held its first annual research conference. Its theme was “Business Cycles and Growth in Europeâ€. The thirteen papers presented are collected here in revised form in two volumes as Economic Paper number 227, 1/2 and 2/2. Some of the contributions are followed by comments made by the discussants. The conference was subdivided into four main sessions:Differences and commonalities in business cycles and growth: evidence from the EU and US; International transmission of business cycles; Business cycles in Europe; Business cycles and growth: theory and evidence from old and new Member States. The papers presented here are printed in the order of the programme.business cycle, growth, conference, dg ecfin, Lars Jonung, research conference 2004,
Policy rule evaluation by contract-makers: 100 years of wage contract length in Sweden
Get PDFThe length of collective wage agreements in Sweden between 1908 and 2005 is explored to evaluate a variety of policy regimes from the wage contract-makers' perspective. Adopting a new long-run test, it is found that wage contract length decreases in response to an increase in â€macroeconomic uncertainty†across policy regimes. There is also substantial short-run variation in contract length, which cautions against regime divisions based solely on the policy rule. The inflation targeting regime 1995-2005 stands out as an exceptionally stable policy regime as judged by the willingness of contract-makers to repeatedly commit to three-year non-indexed wage agreements. The results are based on a data base on collective wage agreements unique in international comparisons in terms of length and coverage.Policy regime, contract length, wage indexation, Lucas critique, Sweden, credibility, inflation targeting, Fregert, Jonung
Proposal for a Stabilisation Fund for the EMU. CEPS Working Document No. 385, 14 October 2013
Get PDFThis paper argues that it should be possible to complement Europe’s Economic and Monetary Union with an insurance-type shock absorption mechanism to increase the resilience of member countries to economic shocks and reduce output volatility. Such a mechanism would neither require the establishment of a central authority, nor would it lead to permanent transfers between countries. For this mechanism to become a reality, however, it would be necessary to overcome certain technical problems linked to the difficulty of anticipating correctly the position of an economy in the business cycle
Den enkla förklaringen till den svaga kronan
No full textFörklaringen till kronförsvagningen är enklare än vad de flesta tror, skriver nationalekonomerna Fredrik N G Andersson och Lars Jonung
Minusräntan har sänkt tilliten till Riksbanken [Elektronisk resurs]
No full textRiksbanken bör anpassa sin penningpolitik efter det nya läget i ekonomin, skriver nationalekonomerna Fredrik N G Andersson och Lars Jonung i en slutreplik
Den enkla förklaringen till den svaga kronan [Elektronisk resurs]
No full textFörklaringen till kronförsvagningen är enklare än vad de flesta tror, skriver nationalekonomerna Fredrik N G Andersson och Lars Jonung
Den svaga kronan beror på Riksbanken
Get PDFRiksbanken måste sluta experimentera med svensk ekonomi och återgå till en penningpolitik som ger långsiktig makroekonomisk stabilitet, skriver nationalekonomerna Fredrik NG Andersson och Lars Jonung
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