Interview: “No Signs of Unsustainable House Prices” (in Swedish), interview in Svenska Dagbladet, December 28, 2010.
New interview: “Decision Maker Against the Stream” (in Swedish), interview in Affärsvärlden, December 1, 2010.
New speech: “Some Problems with Swedish Monetary Policy and Possible Solutions,” speech in Stockholm, November 24, 2010.
New lecture: “Inflation Targeting and Financial Stability,” Policy lecture at the CEPR/ESI 14th Annual Conference on “How Has Our View of Central Banking Changed with the Recent Financial Crisis?”, hosted by the Central Bank of Turkey, Izmir, October 28, 2010.
New article in Dagens Nyheter by Tomas Ernhagen and Göran Zetterberg: “Big Risk of Economic Contraction if the Riksbank Increases the Interest Rate” (in Swedish), Dagens Nyheter, October 23, 2010.
New article in Focus: “Who Is Right about the Interest Rate?” (in Swedish), by Claes Lönegård in Fokus, October 12, 2018.
Inflation targeting is a monetary-policy strategy characterized by an announced numerical inflation target, an implementation of monetary policy that gives a major role to an inflation forecast that has been called forecast targeting, and a high degree of transparency and accountability. It was introduced in New Zealand in 1990, has been very successful in terms of stabilizing both inflation and the real economy, and as of 2010 has been adopted by about 25 industrialized and emerging-market economies. This chapter discusses the history, macroeconomic effects, theory, practice, and future of inflation targeting.
New publication: “Anticipated Alternative Instrument-Rate Paths in Policy Simulations” (with Stefan Laséen, Sveriges Riksbank). International Journal of Central Banking 7(3) (2011) 1-35.
New Krugman blog: “Unserious Central Bankers,” New York Times, September 29, 2010.
Interview: “Deputy Governor: The Policy Rate Is Too High” (in Swedish), interview in Svenska Dagbladet, September 27, 2010.
New speech: “Monetary Policy after the Financial Crisis,” speech at the IJCB Conference, Bank of Japan, September 17, 2010.
Bloomberg news: “Riksbank’s Svensson Warns Against Rate Rises Amid Housing Boom“, Bloomberg, September 17, 2010.
“The Duel: Increasing the Policy Rate – Now or Later?” (in Swedish, with Klas Eklund), Stock Magazine, 3/2010, Unga Aktiesparare, September 2010.
New publication: “Optimal Monetary Policy in an Operational Medium-Sized DSGE Model” (with Malin Adolfson, Stefan Laséen, and Jesper Lindé, Sveriges Riksbank), Journal of Money, Credit and Banking 43 (2011) 1287-1331.
New speech: “Price Stability and Financial Stability: The Responsibility of Central Banks,” speech at Swedbank, Stockholm, May 27, 2010.