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  • 1.
    Agell, Jonas
    et al.
    Department of Economics, Uppsala University.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Jonsson, Gunnar
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Fiscal Policy when Monetary Policy is Tied to the Mast1994Report (Other academic)
    Abstract [en]

    The paper analyses the time inconsistency problem of both exchange rate and fiscal policy in a small open economy. The equilibrium under discretion is characterised by inflation and a deficit. Commitment of the exchange-rate instrument only, e.g., through membership in a European monetary union with low inflation, contributes to price stability but increases the deficit. Whether the government will prefer this outcome to the discretionary one depends on the structure of the economy: commitment appears more favourable, the more open is the economy. The time-consistency arguments strengthen the case for simultaneous commitment of monetary and fiscal policy for inflation-prone countries joining a monetary union.

  • 2.
    Andersen, Torben
    et al.
    University of Aarhus.
    Bergman, Michael
    University of Copenhagen.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Flodén, Martin
    Stockholm School of Economics.
    Hartman, Laura
    Centre for Business and Policy Studies (SNS).
    Svaleryd, Helena
    Reseach Institute of Industrial Economics.
    Tobisson, Lars
    Åsbrink, Erik
    Kommentarer till Budgetpropositionen 20102010Report (Other academic)
  • 3.
    Andersen, Torben
    et al.
    University of Aarhus.
    Bergman, Michael
    University of Copenhagen.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Flodén, Martin
    Stockholm University, Faculty of Social Sciences, Department of Economics.
    Hartman, Laura
    Centre for Business and Policy Studies (SNS).
    Svaleryd, Helena
    Reseach Institute of Industrial Economics.
    Tobisson, Lars
    Åsbrink, Erik
    Svensk finanspolitik: Finanspolitiska rådets rapport 20102010Report (Other academic)
  • 4. Andersson, Rune
    et al.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Bergström, Hans
    Feldt, Kjell-Olov
    Hansson, Åsa
    Henrekson, Magnus
    Lodin, Sven-Olof
    Melz, Peter
    Åsbrink, Erik
    Öberg, Ann
    Skattesystemet ett lappverk – en ny stor reform behövs2014In: Dagens nyheter, ISSN 1101-2447Article in journal (Other (popular science, discussion, etc.))
  • 5.
    Bennmarker, Helge
    et al.
    IFAU.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Larsson Seim, Anna
    Stockholm University, Faculty of Social Sciences, Department of Economics.
    Jobbskatteavdrag, arbetslöshetsersättning och löner2013Report (Refereed)
  • 6.
    Bennmarker, Helge
    et al.
    IFAU.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Larsson Seim, Anna
    Stockholm University, Faculty of Social Sciences, Department of Economics.
    TCO-ekonomer missförstår studien2013In: Svenska Dagbladet, ISSN 1101-2412Article in journal (Other (popular science, discussion, etc.))
  • 7. Bennmarker, Helge
    et al.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Seim, Anna
    Stockholm University, Faculty of Social Sciences, Department of Economics.
    Earned Income Tax Credits, Unemployment Benefits and Wages: empirical Evidence from Sweden2014In: IZA Journal of Labor Policy, ISSN 2193-9004, E-ISSN 2193-9004, Vol. 3, no 54Article in journal (Refereed)
  • 8. Blanchard, Olivier
    et al.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Flam, Harry
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Hassler, John
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Krusell, Per
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Makroekonomi2015Book (Other academic)
  • 9.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Active Labour Market Policy and Unemployment: A Framework for the Analysis of Crucial Design Features1994Report (Other academic)
  • 10.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Blytunga experter: återinför fastighetsskatten2014In: Dagens Industri, ISSN 0346-640X, no JanArticle in journal (Other (popular science, discussion, etc.))
  • 11.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Budgeten ger inga enkla lösningar2014In: Dagens Nyheter, ISSN 1101-2447, no NovArticle in journal (Other (popular science, discussion, etc.))
  • 12.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Can the Eurozone Develop into a Well-functioning Fiscal Union?2012In: CESifo Forum, ISSN 1615-245X, E-ISSN 2190-717X, Vol. 13, no 1, p. 10-16Article in journal (Refereed)
    Abstract [en]

    The sovereign debt crises have demonstrated clearly the inadequacy of the earlier system of economics governance in the euro area. Parallel with the acute crisis management, far-reaching reforms of the rules system have been instituted. These include the new regulations adopted in the so-called 'Six-pack' in November 2011 based on earlier proposals from the European Commission and the van Rompuy Task Force. The latest addition is the intergovernmental treaty on a fiscal compact agreed in March 2012 ('Treaty on Stability, Coordination and Governance in the Economics and Monetary Union'). This article discusses whether or not these reforms are likely to work.

  • 13.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Centralization of Wage Bargaining and Macroeconomic Performance: A Survey1993Report (Other academic)
  • 14.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Dags att revidera överskottsmålet2013In: Dagens Nyheter, ISSN 1101-2447Article in journal (Other (popular science, discussion, etc.))
  • 15.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Dokumentären vilseleder om lönerna2013In: Dagens Nyheter, ISSN 1101-2447Article in journal (Other (popular science, discussion, etc.))
  • 16.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Ett nytt projekt i mitten2014In: Dagens Nyheter, ISSN 1101-2447, Vol. 23, no Sep, p. 1Article in journal (Other (popular science, discussion, etc.))
  • 17.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Eurokrisen och EU:s finanspolitiska regelsystem2013In: Tillämpad makroekonomi / [ed] Mats Persson, Eva Skult, Lund: Studentlitteratur, 2013, 5, p. 55-72Chapter in book (Other academic)
  • 18.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Eurokrisen är inte över2013In: Dagens Nyheter, ISSN 1101-2447Article in journal (Other (popular science, discussion, etc.))
  • 19.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Finanspolitiken i EU-länderna och stabilitetspakten2007In: Tillämpad makroekonomi, 2007Chapter in book (Other academic)
  • 20.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Finlands sak är svår2014In: Dagens Nyheter, ISSN 1101-2447, no FebArticle in journal (Other (popular science, discussion, etc.))
  • 21.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Fiscal Policy Coordination in Europe2010Report (Other academic)
    Abstract [en]

    A fundamental overhaul of EU economic governance is needed. The most important reform is a strengthening of national fiscal frameworks, including the establishment of independent fiscal watchdogs in Member States that do not yet have such institutions. At the European level, a permament crisis resolution mechanism should be integrated with both broader macroeconomic surveillance and the sanction system. An independent European fiscal council could, based on macroeconomic risk considerations, decide in advance appropriate haircuts in the event of future sovereign debt restructuring.

  • 22.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Flexicurity: An Answer or a Question2007In: European Policy Analysis, Vol. 6Article in journal (Other (popular science, discussion, etc.))
  • 23.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    How Well is the Nordic Model Doing? Recent Performance and Future Challenges2014In: The Nordic Model: challenged but capable of reform / [ed] T. Valkonen and V. Vihriälä, Köpenhamn: Nordiska ministerrådet , 2014Chapter in book (Refereed)
  • 24.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Hur fungerar det svenska avtalssystemet?2013In: SNS analys, ISSN 2001-9742, no 12, p. 1-10Article in journal (Other academic)
  • 25.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Job Sharing, Employment and Wages1984Report (Other academic)
    Abstract [en]

    The paper analyzes the effects of job sharing, i.e. a reduction of working time, on wages and output with a monopoly trade union. The effects are related to how working time is determined initially: the wage increases if initial working time is smaller or equal than the trade union optimum, whereas the result is unclear when it is larger. It is never optimal for the trade union to reduce both wages and working time in response to recessionary supply shocks such as those in the seventies. The analisys may help to explain varying attitudes towards work sharing in different countries.

  • 26.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Jobben är en dålig valfråga2014In: Dagens nyheter, ISSN 1101-2447Article in journal (Other (popular science, discussion, etc.))
  • 27.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Kompromissa om budgeten2013In: Dagens Nyheter, ISSN 1101-2447Article in journal (Other (popular science, discussion, etc.))
  • 28.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Kris i det svenska avtalssystemet?2008In: Ekonomisk Debatt, no 1Article in journal (Other (popular science, discussion, etc.))
  • 29.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Labour Market Policy and Unemployment1994Report (Other academic)
    Abstract [en]

    The paper discusses three aspects of the system for unemployment support. First, active labour market programmes as a means of re-allocating labour from high-unemployment to low-unemployment sectors are analysed, and it is concluded that wage-raising accommodation effects may be a serious problem. Second, the possibility of strengthening incentives for wage moderation by differentiating employee and/or employer contributions to unemployment insurance are discussed. Third, the question is raised whether there may exist other institutional set-ups for providing unemployment support that are more efficient in terms of returning the unemployed to work than government-run systems.

  • 30.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Lessons from the Macroeconomic Experience of Sweden1992Report (Other academic)
  • 31.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Löneskillnaderna är för små2014In: Dagens Nyheter, ISSN 1101-2447, no MarArticle in journal (Other (popular science, discussion, etc.))
  • 32.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Macroeconomic Policy, Wage Setting and Employment: What Difference Does the EMU Make?1998Report (Other academic)
    Abstract [en]

    The likely impact of the EMU on the variability and level of employment is analysed. The major conclusions are: (1) Although an inflation-target regime will constrain monetary policy of a non-participant in the EMU, it still leaves considerable scope for exchange-rate changes in the case of country-specific demand shocks, provided that there is some nominal price and wage flexibility. (2) Variations in payroll taxes can be used as a substitute for exchange-rate changes in the EMU, but it will be an imperfect substitute. (3) Money-wage flexibility is likely to be larger inside than outside the EMU, but probably not by much. (4) There are various mechanisms through which the EMU may affect incentives for labour-market reform to reduce equilibrium unemployment, but the net impact is highly uncertain.

  • 33.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Monetary Union and Precationary Labour-Market Reform1998Report (Other academic)
    Abstract [en]

    The paper demonstrates that policy makers may have a precautionary motive to undertake more labour-market reform - an hence attain lower equilibrium unemployment - inside a monetary union than outside. The reason is a desire to reduce the utility cost of variations in employment when assymetric shocks can no longer be stabilised through domestic monetary policy.

  • 34.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Nej till nytt jobbskatteavdrag2013In: Dagens Nyheter, ISSN 1101-2447, no 29 januariArticle in journal (Other (popular science, discussion, etc.))
  • 35.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Oberoende ekonomisk-politiska institutioner och (de frånvarande) statsvetarna2010In: Statsvetenskaplig Tidskrift, ISSN 0039-0747, Vol. 112, no 5, p. 346-362Article in journal (Refereed)
  • 36.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Piketty ställer nödvändiga frågor2014In: Dagens Nyheter, ISSN 1101-2447, no AugArticle in journal (Other (popular science, discussion, etc.))
  • 37.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Regeringen agerar opportunistiskt2013In: Dagens Nyheter, ISSN 1101-2447Article in journal (Other (popular science, discussion, etc.))
  • 38.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Skattereform kräver tryck i välfärdsfrågan2014In: En skattereform för 2000-talet: elva röster om hur Sverige får ett bättre skattesystem / [ed] Mats Bergstrand, Stockholm: pmj , 2014Chapter in book (Other academic)
  • 39.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Skatterna kan bli bättre2014In: Dagens Nyheter, ISSN 1101-2447, no JulArticle in journal (Other (popular science, discussion, etc.))
  • 40.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Ställ högre krav på parterna2013In: Dagens Nyheter, ISSN 1101-2447Article in journal (Other (popular science, discussion, etc.))
  • 41.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Stärk finanspolitiska rådet2013In: Dagens Nyheter, ISSN 1101-2447Article in journal (Other (popular science, discussion, etc.))
  • 42.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Svårt att diskutera löneskillnader2014In: Dagens Nyheter, ISSN 1101-2447, no 29 aprilArticle in journal (Other (popular science, discussion, etc.))
  • 43.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Sweden: From Macroeconomic Failure to Macroeconomic Success2013In: Busines and Government, Volume IV: Challenges and Prospects / [ed] Maguire, M. and Wilson, G., Routledge, 2013, 4, , p. 48Chapter in book (Other academic)
    Abstract [en]

    Major economic reforms in Sweden have encompassed comprehensive tax reform, deregulation of product and service markets, reform of the wage-bargaining process, the establishment of a stricter fiscal framework, changes in the monetary regime and general labout market reforms. The Swedish experiences only provide limited support for the view that deep economic crisis is a prerequisite for fundamental reforms. Instead, most of the reforms have been made in response to long-standing problems rather than to acute problems. However, some of the reforms were facilitated by the EU accession, which was arguably triggered by the deep economic crisis in the first half of the 1990's. In most cases, there has been a strong perception among economists, policy makers and the general public of the problems that the reforms have sought to address. Reforms in other countries have provided inspiration in several cases. Most of the reforms have been based on a broad political consensus. A specific feature of Swedish decision-making on reforms is the frequent use of heavy input from economic research as a basis for change.

  • 44.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Sweden: Watchdog with a Broad Remit2013In: Restoring Public Debt Sustainability: the Role of Independent Fiscal Institutions / [ed] Kopits, George, Oxford University Press, 2013, p. 189-211Chapter in book (Other academic)
  • 45.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    Så kan avtalsrörelsen få ned arbetslösheten mer än tidigare2013In: Göteborgsposten, ISSN 1103-9345Article in journal (Other (popular science, discussion, etc.))
  • 46.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    The Role of Independent Fiscal Policy Institutions2010Report (Other academic)
    Abstract [en]

    The paper analyses how independent fiscal watchdogs (fiscal policy councils) can strengthen the incentives for fiscal discipline. Several countries have recently established such institutions. By increasing fiscal transparency they can raise the awareness of the long-run costs of current deficits and increase the reputational costs for governments of violating their fiscal rules. Councils that make also normative judgements, where fiscal policy is evaluated against the government's own pre-set objectives, are likely to be more influential than councils that do only positive analysis. To fulfil their role adequately, fiscal watchdogs should be granted independence in much the same way as central banks. There are arguments both in favour and against extending the remit of a fiscal policy council to include also tax, employment and structural policies. Whether or not this should be done depends on the existence of other institutions making macroeconomic forecasts and analysing fiscal policy, the existence of institutions providing independent analysis in other economic policy areas, and the severity of fiscal problems.

  • 47.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    The Roles of Fiscal Rules, Fiscal Councils, and Fiscal Union in EU Integration2016In: Routledge Handbook of the Economics of European Integration / [ed] Harald Badinger, Volker Nitsch, Abingdon: Routledge, 2016, p. 157-170Chapter in book (Refereed)
  • 48.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    The Roles of Stabilixation Policy and Wage Setting for Macroeconomic Stability: The Experiences of Economies with Centralized Bargaining1984Report (Other academic)
    Abstract [en]

    The paper discusses the roles of stabilization policy and wage setting for macroeconomic stability in economies with centralized wage setting such as in the Nordic countries, Austria, the Netherlands and Germany. because of their economy-wide character labout market organizations in these countries are forced to consider the macroeconomic effects of and likely government responses to their behavior. The paper gives aan account of how the allocations of responsibilities for various macroeconomic goals between the government and labour market organizations have developed during the post-war period with the emphasis on the responses to the recent supply shocks.

    The country experiences are used to draw conclusions on the advantages or disadvantages of various policy regimes and recent theoretical work on the behavior of trade unions is applied to explain the observed outcomes.

  • 49.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    The Swedish Fiscal Policy Council2011Report (Other academic)
  • 50.
    Calmfors, Lars
    Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
    The Swedish Fiscal Policy Council: Experiences and Lessons2010Report (Other academic)
    Abstract [en]

    The Swedish Fiscal Policy Council, established in 2007, has small resources but a broad remit. In addition to monitoring the long-run sustainability of fiscal policy, the council evaluates the short-run fiscal stance from a cyclical perspective. The council also analyses long-run employment and growth developments. Another task is to evaluate the motives, explanations and research basis for government policies. There is no unique best set-up of a fiscal policy council. Instead, it has to be adapted to the special characteristics of each country. The set-up of the Swedish council appears consistent both with the pre-existing institutional framework, with also other bodies making detailed budget evaluations and macroeconomic forecasts, and with a strong tradition of academic participation in the policy debate. The broad remit could lead to less focus on the fiscal watchdog role. On the other hand, the council plays a "supervicory" role in the general economic policy debate, helping to raise the standards of the doscussion, which is a fundamental democratic objective.

12 1 - 50 of 97
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