NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Working Papers by Lars E.O. Svensson

Contact and additional information for this authorAll publicationsWorking Papers only

Working Papers

September 2013The Possible Unemployment Cost of Average Inflation below a Credible Target
w19442
February 2012Practical Monetary Policy: Examples from Sweden and the United States
w17823
December 2010Inflation Targeting
w16654
September 2009Evaluating Monetary Policy
w15385
April 2009Anticipated Alternative Instrument-Rate Paths in Policy Simulations
with Stefan Laséen: w14902
November 2008Monetary Policy Trade-Offs in an Estimated Open-Economy DSGE Model
with Malin Adolfson, Stefan Laséen, Jesper Lindé: w14510
June 2008Optimal Monetary Policy in an Operational Medium-Sized DSGE Model
with Malin Adolfson, Stefan Laséen, Jesper Lindé: w14092
April 2008Current Account Dynamics and Monetary Policy
with Andrea Ferrero, Mark Gertler: w13906
March 2008Optimal Monetary Policy under Uncertainty in DSGE Models: A Markov Jump-Linear-Quadratic Approach
with Noah Williams: w13892
September 2007Bayesian and Adaptive Optimal Policy under Model Uncertainty
with Noah M. Williams: w13414
November 2005Monetary Policy with Model Uncertainty: Distribution Forecast Targeting
with Noah Williams: w11733
August 2005Social Value of Public Information: Morris and Shin (2002) Is Actually Pro Transparency, Not Con
w11537
June 2005Optimal Policy Projections
with Robert J. Tetlow: w11392
March 2005Monetary Policy with Judgment: Forecast Targeting
w11167
January 2005Time Consistency of Fiscal and Monetary Policy: A Solution
with Mats Persson, Torsten Persson: w11088
September 2004Targeting Rules vs. Instrument Rules for Monetary Policy: What is Wrong with McCallum and Nelson?
w10747
August 2004Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank
with Olivier Jeanne: w10679
December 2003Optimal Policy with Low-Probability Extreme Events
w10196
Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others
w10195
June 2003Implementing Optimal Policy through Inflation-Forecast Targeting
with Michael Woodford: w9747
February 2003Monetary Policy and Real Stabilization
w9486
January 2003Optimal Policy with Partial Information in a Forward-Looking Model: Certainty-Equivalence Redux
with Michael Woodford: w9430
What is Wrong with Taylor Rules? Using Judgment in Monetary Policy through Targeting Rules
w9421
May 2002Inflation Targeting: Should It Be Modeled as an Instrument Rule or a Targeting Rule?
w8925
April 2001Indicator Variables for Optimal Policy under Asymmetric Information
with Michael Woodford: w8255
December 2000Money and Inflation in the Euro Area: A Case for Monetary Indicators?
with Stefan Gerlach: w8025
October 2000Indicator Variables for Optimal Policy
with Michael Woodford: w7953
The Zero Bound in an Open Economy: A Foolproof Way of Escaping from a Liquidity Trap
w7957
August 2000The First Year of the Eurosystem: Inflation Targeting or Not?
w7598
June 2000Open-Economy Inflation Targeting
w6545
Does the P* Model Provide Any Rationale for Monetary Targeting?
w7178
February 2000How Should Monetary Policy be Conducted in an Era of Price Stability?
w7516
December 1999Inflation Targeting: Some Extensions
w5962
August 1999Price Stability as a Target for Monetary Policy: Defining and Maintaining Price Stability
w7276
June 1999The Equilibrium Degree of Transparency and Control in Monetary Policy
with Jon Faust: w7152
Monetary Policy Issues for the Eurosystem
w7177
Eurosystem Monetary Targeting: Lessons from U.S. Data
with Glenn D. Rudebusch: w7179
November 1998Inflation Targeting as a Monetary Policy Rule
w6790
April 1998Policy Rules for Inflation Targeting
with Glenn D. Rudebusch: w6512
March 1998Transparency and Credibility: Monetary Policy with Unobservable Goals
with Jon Faust: w6452
October 1997Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets
w5797
July 1997Optimal Inflation Targets, `Conservative' Central Banks, and Linear Inflation Contracts
w5251
January 1997New Techniques to Extract Market Expectations from Financial Instruments
with Paul Soderlind: w5877
September 1996Debt, Cash Flow and Inflation Incentives: A Swedish Example
with Mats Persson, Torsten Persson: w5772
August 1996Price Level Targeting vs. Inflation Targeting: A Free Lunch?
w5719
October 1995Expected and Predicted Realignments: The FF/DM Exchange Rate During the EMS
with Andrew K. Rose: w3685
March 1995Monetary Policy with Flexible Exchange Rates and Forward Interest Rates as Indicators
w4633
January 1995The Swedish Experience of an Inflation Target
w4985
December 1994The Operation and Collapse of Fixed Exchange Rate Regimes
with Peter M. Garber: w4971
October 1994How Long do Unilateral Target Zones Last?
with Bernard Dumas: w3931
September 1994Fixed Exchange Rates as a Means to Price Stability: What Have We Learned
w4504
Estimating and Interpreting Forward Interest Rates: Sweden 1992 - 1994
w4871
June 1994Why Exchange Rate Bands? Monetary Independence in Spite of Fixed Exchange Rates
w4207
January 1994Assessing Target Zone Credibility: Mean Reversion and Devaluation Expectations in the ERM 1979-1992
w3795
December 1993The Simplest Test of Inflation Target Credibility
w4604
November 1993Term, Inflation, and Foreign Exchange Risk Premia: A Unified Treatment
w4544
October 1993European Exchange Rate Credibility Before the Fall
with Andrew K. Rose: w4495
January 1992The Simplest Test of Target Zone Credibility
w3394
November 1991Devaluation Expectations: The Swedish Krona 1982-1991
with Hans Lindberg, Paul Soderlind: w3918
October 1991Target Zones and Interest Rate Variability
w3218
The Term Structure of Interest Rate Differentials in a Target Zone: Theory and Swedish Data
w3374
January 1991Stochastic Devaluation Risk and the Empirical Fit of Target Zone Models
with Giuseppe Bertola: w3576
October 1990The Foreign Exchange Risk Premium in a Target Zone with Devaluation Risk
w3466
July 1990Excess Capacity, Monopolistic Competition, and International Transmission of Monetary Disturbances
with Sweder van Wijnbergen: w2262
February 1990Trade in Nominal Assets: Monetary Policy, and Price Level and Exchange Rate Risk
w2417
Exchange Rate Variability And Asset Trade
with Torsten Persson: w2811
April 1989Trade in Risky Assets
w2403
December 1988Laws as Assets: A Possible Solution to the Time Consistency Problem
with Laurence J. Kotlikoff, Torsten Persson: w2068
November 1988Portfolio Choice and Asset Pricing With Nontraded Assets
w2774
August 1987Capital Flows, Investment, and Exchange Rates
with Alan C. Stockman: w1598
May 1983The Theorems of International Trade with Factor Mobility
with Wilfred J. Ethier: w1115
Current Account Dynamics and the Terms of Trade: Harberger-Laursen-Metzler Two Generations Later
with Torsten Persson: w1129
March 1983Trade in Goods and Factors with International Differences in Technology
with James R. Markusen: w1101
February 1983World Equilibrium with Oil Price Increases: An Intertemporal Analysis
with Nancy Peregrim Marion: w1074
1983Is Optimism Good in a Keynesian Economy?
with Torsten Persson: w1071
October 1982Adjustment to Expected and Unexpected Oil Price Changes
with Nancy Peregrim Marion: w0997
Factor Trade and Goods Trade
w0999
September 1982Inflation, Monetary Velocity, and Welfare
with Paul R. Krugman, Torsten Persson: w0987
Oil Prices, Welfare and the Trade Balance: An Intertemporal Approach
w0991
On Variable Capital Utilization and International Trade Theory
w0992
1982Structural Differences and Macroeconomic Adjustment to Oil Price Increases in a Three-Country Model
with Nancy Peregrim Marion: w0839

Contact and additional information for this authorAll publicationsWorking Papers only

 
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