“Discussion of Valentina Bruno and Hyun Song Shin, ‘Capital Flows and the Risk-Taking Channel of Monetary Policy’,” prepared for the 11th BIS Annual Conference, “The Future of Financial Globalization,” June 21-22, 2012, Lucerne.
“Differing views of monetary policy,” speech at SNS
“No Spring Chicken”, by Erik Wahlin
New article by Erik Wahlin in Affärsvärlden, June 7, 2012: “Ingen duvunge direkt” (“No Spring Chicken,” in Swedish)
My View of Monetary Policy
“What is the Executive Board’s View of the Monetary Policy?”
“What is the Executive Board’s View of the Monetary Policy?” (“Hur ser direktionens på penningpolitiken?”, in Swedish), minutes from the Swedish Economics Association’s (Nationalekonomiska föreningens) meeting at the Stockholm School of Economics, May 11 2012, Ekonomisk Debatt 6/2012, 74-95. Swedish
Revision: “Monetary Policy Trade-Offs in an Estimated Open-Economy DSGE Model
“Monetary Policy Trade-Offs in an Estimated Open-Economy DSGE Model” (with Malin Adolfson and Stefan Laséen, Sveriges Riksbank, and Jesper Lindé, Federal Reserve Board), May 2012. PDF
“How Much Is a Good Central Banker Worth?”, by Matthew O’Brien
New article by Matthew O’Brien in The Atlantic, April 19, 2012: “How Much Is a Good Central Banker Worth?“
FOMC Press Conference: “Chairman Bernanke presents FOMC strategy document with inflation goal and new policy-path charts”
FOMC Press Conference, January 25, 2012: Chairman Bernanke presents FOMC strategy document with inflation goal and new policy-path charts.
Speech: “Monetary Policy after the Crisis”
Lecture: “Central-Banking Challenges for the Riksbank: Monetary Policy, Financial-Stability Policy, and Asset Management”
“Central-Banking Challenges for the Riksbank: Monetary Policy, Financial-Stability Policy, and Asset Management,” the Félix Neubergh Lecture 2011, University of Gothenburg, November 17, 2011
“Practical Monetary Policy: Why Has the Riksbank’s Policy-Rate Path Been So High, and Why Did This Not Prevent the Recovery?”
“Practical Monetary Policy: Why Has the Riksbank’s Policy-Rate Path Been So High, and Why Did this Not Prevent the Recovery?”, keynote lecture at the National Conference of Swedish Economists, Uppsala University, September 17, 2011. Summary: English • Swedish • Slides. Background paper (for the Brookings Panel on Economic Activity, Fall 2011, published in Brookings Papers on Economic Activity, Fall 2011, 289-332)
“The Relation between Monetary Policy and Financial Stability Policy”
“The Relation between Monetary Policy and Financial Stability Policy,” Recent Developments in Monetary Policy, Fiscal Policy, and Financial System Design: A Conference Honoring Benjamin M. Friedman, International Journal of Central Banking 8, Supplement 1 (2012) 293-295. PDF
Paper: “Practical Monetary Policy: Examples from Sweden and the United States”
“Practical Monetary Policy: Examples from Sweden and the United States,” Brookings Papers on Economic Activity, Fall 2011, 289-332.
Paper • Appendix • Data for figures (Excel)
New discussion: The Executive Board discusses Material for Assessing Monetary Policy 2010, March 29, 2011.
New discussion: The Executive Board discusses Material for Assessing Monetary Policy 2010, March 29, 2011.
New speech: “For a Better Monetary Policy: Focus on Inflation and Unemployment,” speech at Luleå University of Technology, March 8, 2011.
New speech: “For a Better Monetary Policy: Focus on Inflation and Unemployment,” speech at Luleå University of Technology, March 8, 2011.