Help ?

IGMIN: あなたがここにいてくれて嬉しいです. お願いクリック '新しいクエリを作成してください' 当ウェブサイトへの初めてのご訪問で、さらに情報が必要な場合は.

すでに私たちのネットワークのメンバーで、すでに提出した質問に関する進展を追跡する必要がある場合は, クリック '私のクエリに連れて行ってください.'

Browse by Subjects

Welcome to IgMin Research – an Open Access journal uniting Biology, Medicine, and Engineering. We’re dedicated to advancing global knowledge and fostering collaboration across scientific fields.

Members

Our mission is to merge scientific expertise to boost knowledge and fuel faster developments.

Articles

Our mission is to merge scientific expertise to boost knowledge and fuel faster developments.

Explore Content

Our mission is to merge scientific expertise to boost knowledge and fuel faster developments.

Identify Us

Our mission is to merge scientific expertise to boost knowledge and fuel faster developments.

IgMin Corporation

Welcome to IgMin, a leading platform dedicated to enhancing knowledge dissemination and professional growth across multiple fields of science, technology, and the humanities. We believe in the power of open access, collaboration, and innovation. Our goal is to provide individuals and organizations with the tools they need to succeed in the global knowledge economy.

Publications Support
[email protected]
E-Books Support
[email protected]
Webinars & Conferences Support
[email protected]
Content Writing Support
[email protected]
IT Support
[email protected]

Search

Explore Section

Content for the explore section slider goes here.

Abstract

要約 at IgMin Research

Our mission is to merge scientific expertise to boost knowledge and fuel faster developments.

Medicine Group Research Article 記事ID: igmin116

Wishful Thinking or Valuable Forecasts? The Value of Policy Rate Predictions in Sweden

Public Health DOI10.61927/igmin116 Affiliation

Affiliation

    Åsa Hansson, Department of Economics, Technology and Society and SoeTech, Lund University, Sweden, Email: [email protected]

3.2k
VIEWS
437
DOWNLOADS
Connect with Us

要約

Economists often provide predictions about future interest or policy rates. In contrast to stock market predictions, these forecasts are typically regarded seriously and presented with a degree of accuracy. This paper explores whether placing more confidence in policy rate predictions than stock market predictions is reasonable. It begins by examining historical policy rates predictions in Sweden, comparing them to actual rates to assess their accuracy. The paper then delves into the discussion of how costs of mispredictions, such as sudden and unexpected policy rate increases, can and should be addressed. Despite the Central Bank making predictions within confidence intervals and the banking sector regulating individuals’ borrowing, the burden of unpredicted rate increases falls almost entirely on individuals. The paper addresses whether that is reasonable.

数字

参考文献

    1. Sewell M. The Efficient Market Hypothesis: Empirical Evidence, International Journal of Statistics and Probability. 2012; 2.
    2. Fama E. Efficient Capital Markets: A Review of Theory and Empirical Work. Journal of Finance. 1970; 25(2): 383-417.
    3. Byström H. Finance: Markets, instruments and investments, Student Literature. 2020.
    4. The Riksbank (2023). Monetary policy report, various reports, https://www.riksbank.se/sv/press-och-publicerat/publikationer/penningpolitisk-rapport/
    5. The Financial Supervisory Authority. (2023). The Swedish mortgage market in 2023. https://www.fi.se/sv/publicerat/rapporter/bolanerapporter/den-svenska-bolanemarknaden-2023/
    6. (2023). https://www.scb.se/hitta-statistik/statistik-efter-amne/arbetsmarknad/loner-och-arbetskostnader/lonestrukturstatistik-hela-ekonomin/pong/tabell-och-diagram/genomsnittlig-manadslon-efter-sektor/
    7. OECD (2023) Household debt (indicator). doi: 10.1787/f03b6469-en.
    8. OECD (2023) General government debt (indicator). doi: 10.1787/a0528cc2-en.
    9. Posner P, Rosefield AM. Impossibility and related doctrins in contract law. Journal of Legal Studies. 1977; 1: 65-82.
    10. (2023). Continued great interest in debt restructuring. Press release Feb 2013, https://kronofogden.se/om-kronofogden/nyheter-och-press/pressmeddelanden/2023-02-15-fortsatt-stort-intresse-for-skuldsanering
    11. Hassler J, Krusell P, Seim A. Evaluation of monetary policy 2022, Riksdagtryckeriet, Stockholm. 2023.
研究を公開する

私たちは、科学、技術、工学、医学に関する幅広い種類の記事を編集上の偏見なく公開しています。

提出する

見る 原稿のガイドライン 追加 論文処理料

IgMin 科目を探索する

Advertisement