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News & Events
News
Economy: OECD Economic Survey of Sweden 2011
23-Jan-2011
Aggressive interest rates cuts, unconventional policy measures and exceptional government support to the financial system all helped contain the depth and length of the recession. Further improving monetary and financial policy frameworks would help cope with future shocks.
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31-Dec-2010
What changes are needed to make counter-cyclical economic policy more effective in the aftermath of the recent crisis? An important lesson from the severity of the recent recession is that policy in various areas will have to be more prudent during upswings and to build in greater safety margins to be able to react to large adverse shocks.
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Monetary policy reaction functions in the OECD
31-Dec-2010
Monetary policy reaction functions can provide insights into the factors influencing monetary policy decisions. Empirical estimates suggest that differences exist across countries as to whether monetary policy reacts solely to expected inflation or also takes into account expected output developments.
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15-Oct-2008
OECD welcomes the co-ordinated efforts of political leaders and financial authorities to address issues of liquidity, solvency and recapitalisation of the financial system. Looking beyond crisis management, Mr Gurría said the OECD will focus on the structural implications of the financial crisis, including a more holistic culture of risk management, compensation issues, accountable management, and more effective regulation. “We will also make proposals for improved financial education and risk awareness to restore the confidence of consumers of financial services,” he added.
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14-Feb-2007
Since the 1990s' crisis, Sweden has greatly improved its macroeconomic policies. All parts of society benefit from strong productivity growth, stable inflation expectations and public budget surpluses. Meanwhile, combating exclusion in the labour market is a key challenge, along with distortions in the housing market.
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23-Jan-2007
This chapter addresses the challenge that the adjustment to sustained high oil prices poses for macroeconomic management, particularly with respect to competitiveness and inflation. Economics Department Working Paper 537 by Christian Gianella.
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