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Viitteet 21-30 / 391
Sector-specific labour cost developments from the perspective of the industrial sector's cost structure
(29.05.2013)
Bank of Finland. Bulletin 3
Bank of Finland. Bulletin 3
Labour costs in economic segments producing intermediate goods for the manufacturing sector have grown significantly faster in Finland than in competitor countries in 1999 2011. The relatively rapid pace of growth in labour ...
The role of the central bank in the cash cycle
(27.05.2010)
Bank of Finland. Bulletin 1
Bank of Finland. Bulletin 1
Maintaining the supply of cash in the economy is one of the Bank of Finland s core tasks. Cash (banknotes and coins) has maintained its position as a means of payment for centuries, although the spread of electronic payment ...
How can we identify risks to macrostability?
(28.02.2011)
Bank of Finland. Bulletin 1/2011
Bank of Finland. Bulletin 1/2011
The events of recent years have shown how weak the management of systemic risk in the global economy really is. In addition to prudential supervision of individual institutions and market participants, what is desperately ...
How have emerging economies changed global price trends?
(02.10.2012)
Bank of Finland. Bulletin 4
Bank of Finland. Bulletin 4
The global economic crisis has kept domestically generated inflation pressures at moderate levels in advanced economies in recent years. As a consequence of the crisis, abundant spare production capacity has been available ...
Fiscal policy cyclicality and sovereign risk premia
(02.10.2012)
Bank of Finland. Bulletin 4
Bank of Finland. Bulletin 4
A countercyclical fiscal policy is beneficial to the economy, as it smoothes out business cycle fluctuations and reduces government debt servicing costs. If, on the other hand, fiscal policy is procyclical, this hampers ...
Bursting of the housing price bubble and the economic policy challenges for Spain
(30.08.2012)
Bank of Finland. Bulletin 4
Bank of Finland. Bulletin 4
The wealth shock caused when the housing price bubble burst in Spain will have strong, long-lasting effects. As a consequence of the bursting of the bubble, financial factors (such as weaker balance sheets and higher costs ...
Quantitative easing of monetary policy
(27.04.2012)
Bank of Finland. Bulletin 1
Bank of Finland. Bulletin 1
In 2007-2009, many central banks cut their policy rates sharply in an attempt to stave off deflation, ie a broadly based fall in prices, and to support developments in the real economy. With interest rates falling dose to ...
Bank of Finland's forecast errors in 2004-2010
(29.06.2011)
Bank of Finland. Bulletin 3
Bank of Finland. Bulletin 3
The Bank of Finland's Monetary Policy and Research department prepares a macroeconomic forecast twice a year for the current calendar year and the following two years. The forecast describes the most probable developments ...
Global integrated monetary and fiscal model
(22.02.2013)
Bank of Finland. Bulletin 1
Bank of Finland. Bulletin 1
The Bank of Finland has adopted a new model of the international monetary and financial economy developed at the International Monetary Fund (IMF) for the analysis of political changes and shocks to the global economy. ...
Fiscal multipliers revisited
(05.09.2013)
Bank of Finland. Bulletin 4
Bank of Finland. Bulletin 4
During the past year, there has been intense debate over the correlation between fiscal consolidation and economic growth. This article argues that the observed growth forecast errors for euro area countries in 2010 2011 ...