Riksbank’s negative rates successfully passed through to economy – research

Findings contrast with recent work by Larry Summers and co-authors

riksbank
Photo: Sveriges Riksbank

The negatives rates implemented by Sveriges Riksbank since February 2015 have successfully loosened financial conditions in Sweden, says research published by the central bank on January 22.

In Pass-through at mildly negative policy rates: the Swedish case, researchers Henrik Erikson and David Vestin of the Riksbank’s monetary policy department analyse the transmission channels of this ultra-loose policy to the real economy.

The findings contrast with those from a recent paper co-authored by

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.