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  • 1.
    Agell, Jonas
    et al.
    Department of Economics, Uppsala University.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Jonsson, Gunnar
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Fiscal Policy when Monetary Policy is Tied to the Mast1994Rapport (Annet vitenskapelig)
    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.

    Fulltekst (pdf)
    FULLTEXT01
  • 2.
    Andersen, Torben
    et al.
    University of Aarhus.
    Bergman, Michael
    University of Copenhagen.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    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 20102010Rapport (Annet vitenskapelig)
  • 3.
    Andersen, Torben
    et al.
    University of Aarhus.
    Bergman, Michael
    University of Copenhagen.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Flodén, Martin
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Nationalekonomiska institutionen.
    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 20102010Rapport (Annet vitenskapelig)
  • 4. Andersson, Rune
    et al.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    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 behövs2014Inngår i: Dagens nyheter, ISSN 1101-2447Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 5.
    Bennmarker, Helge
    et al.
    IFAU.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Larsson Seim, Anna
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Nationalekonomiska institutionen.
    Jobbskatteavdrag, arbetslöshetsersättning och löner2013Rapport (Fagfellevurdert)
  • 6.
    Bennmarker, Helge
    et al.
    IFAU.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Larsson Seim, Anna
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Nationalekonomiska institutionen.
    TCO-ekonomer missförstår studien2013Inngår i: Svenska Dagbladet, ISSN 1101-2412Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 7. Bennmarker, Helge
    et al.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Seim, Anna
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Nationalekonomiska institutionen.
    Earned Income Tax Credits, Unemployment Benefits and Wages: empirical Evidence from Sweden2014Inngår i: IZA Journal of Labor Policy, ISSN 2193-9004, E-ISSN 2193-9004, Vol. 3, nr 54Artikkel i tidsskrift (Fagfellevurdert)
  • 8. Blanchard, Olivier
    et al.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Flam, Harry
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Hassler, John
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Krusell, Per
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Makroekonomi2015Bok (Annet vitenskapelig)
  • 9.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Active Labour Market Policy and Unemployment: A Framework for the Analysis of Crucial Design Features1994Rapport (Annet vitenskapelig)
    Fulltekst (pdf)
    FULLTEXT01
  • 10.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Blytunga experter: återinför fastighetsskatten2014Inngår i: Dagens Industri, ISSN 0346-640X, nr JanArtikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 11.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Budgeten ger inga enkla lösningar2014Inngår i: Dagens Nyheter, ISSN 1101-2447, nr NovArtikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 12.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Can the Eurozone Develop into a Well-functioning Fiscal Union?2012Inngår i: CESifo Forum, ISSN 1615-245X, E-ISSN 2190-717X, Vol. 13, nr 1, s. 10-16Artikkel i tidsskrift (Fagfellevurdert)
    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
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Centralization of Wage Bargaining and Macroeconomic Performance: A Survey1993Rapport (Annet vitenskapelig)
    Fulltekst (pdf)
    FULLTEXT01
  • 14.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Dags att revidera överskottsmålet2013Inngår i: Dagens Nyheter, ISSN 1101-2447Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 15.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Dokumentären vilseleder om lönerna2013Inngår i: Dagens Nyheter, ISSN 1101-2447Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 16.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Ett nytt projekt i mitten2014Inngår i: Dagens Nyheter, ISSN 1101-2447, Vol. 23, nr Sep, s. 1Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 17.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Eurokrisen och EU:s finanspolitiska regelsystem2013Inngår i: Tillämpad makroekonomi / [ed] Mats Persson, Eva Skult, Lund: Studentlitteratur, 2013, 5, s. 55-72Kapittel i bok, del av antologi (Annet vitenskapelig)
  • 18.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Eurokrisen är inte över2013Inngår i: Dagens Nyheter, ISSN 1101-2447Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 19.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Finanspolitiken i EU-länderna och stabilitetspakten2007Inngår i: Tillämpad makroekonomi, 2007Kapittel i bok, del av antologi (Annet vitenskapelig)
  • 20.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Finlands sak är svår2014Inngår i: Dagens Nyheter, ISSN 1101-2447, nr FebArtikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 21.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Fiscal Policy Coordination in Europe2010Rapport (Annet vitenskapelig)
    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.

    Fulltekst (pdf)
    FULLTEXT03
  • 22.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Flexicurity: An Answer or a Question2007Inngår i: European Policy Analysis, Vol. 6Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 23.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    How Well is the Nordic Model Doing? Recent Performance and Future Challenges2014Inngår i: The Nordic Model: challenged but capable of reform / [ed] T. Valkonen and V. Vihriälä, Köpenhamn: Nordiska ministerrådet , 2014Kapittel i bok, del av antologi (Fagfellevurdert)
  • 24.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Hur fungerar det svenska avtalssystemet?2013Inngår i: SNS analys, ISSN 2001-9742, nr 12, s. 1-10Artikkel i tidsskrift (Annet vitenskapelig)
  • 25.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Job Sharing, Employment and Wages1984Rapport (Annet vitenskapelig)
    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.

    Fulltekst (pdf)
    FULLTEXT01
  • 26.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Jobben är en dålig valfråga2014Inngår i: Dagens nyheter, ISSN 1101-2447Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 27.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Kompromissa om budgeten2013Inngår i: Dagens Nyheter, ISSN 1101-2447Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 28.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Kris i det svenska avtalssystemet?2008Inngår i: Ekonomisk Debatt, nr 1Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 29.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Labour Market Policy and Unemployment1994Rapport (Annet vitenskapelig)
    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.

    Fulltekst (pdf)
    FULLTEXT01
  • 30.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Lessons from the Macroeconomic Experience of Sweden1992Rapport (Annet vitenskapelig)
    Fulltekst (pdf)
    FULLTEXT01
  • 31.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Löneskillnaderna är för små2014Inngår i: Dagens Nyheter, ISSN 1101-2447, nr MarArtikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 32.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Macroeconomic Policy, Wage Setting and Employment: What Difference Does the EMU Make?1998Rapport (Annet vitenskapelig)
    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.

    Fulltekst (pdf)
    FULLTEXT01
  • 33.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Monetary Union and Precationary Labour-Market Reform1998Rapport (Annet vitenskapelig)
    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.

    Fulltekst (pdf)
    FULLTEXT01
  • 34.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Nej till nytt jobbskatteavdrag2013Inngår i: Dagens Nyheter, ISSN 1101-2447, nr 29 januariArtikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 35.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Oberoende ekonomisk-politiska institutioner och (de frånvarande) statsvetarna2010Inngår i: Statsvetenskaplig Tidskrift, ISSN 0039-0747, Vol. 112, nr 5, s. 346-362Artikkel i tidsskrift (Fagfellevurdert)
  • 36.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Piketty ställer nödvändiga frågor2014Inngår i: Dagens Nyheter, ISSN 1101-2447, nr AugArtikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 37.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Regeringen agerar opportunistiskt2013Inngår i: Dagens Nyheter, ISSN 1101-2447Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 38.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Skattereform kräver tryck i välfärdsfrågan2014Inngår i: En skattereform för 2000-talet: elva röster om hur Sverige får ett bättre skattesystem / [ed] Mats Bergstrand, Stockholm: pmj , 2014Kapittel i bok, del av antologi (Annet vitenskapelig)
  • 39.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Skatterna kan bli bättre2014Inngår i: Dagens Nyheter, ISSN 1101-2447, nr JulArtikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 40.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Ställ högre krav på parterna2013Inngår i: Dagens Nyheter, ISSN 1101-2447Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 41.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Stärk finanspolitiska rådet2013Inngår i: Dagens Nyheter, ISSN 1101-2447Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 42.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Svårt att diskutera löneskillnader2014Inngår i: Dagens Nyheter, ISSN 1101-2447, nr 29 aprilArtikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 43.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Sweden: From Macroeconomic Failure to Macroeconomic Success2013Inngår i: Busines and Government, Volume IV: Challenges and Prospects / [ed] Maguire, M. and Wilson, G., Routledge, 2013, 4, , s. 48Kapittel i bok, del av antologi (Annet vitenskapelig)
    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
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Sweden: Watchdog with a Broad Remit2013Inngår i: Restoring Public Debt Sustainability: the Role of Independent Fiscal Institutions / [ed] Kopits, George, Oxford University Press, 2013, s. 189-211Kapittel i bok, del av antologi (Annet vitenskapelig)
  • 45.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    Så kan avtalsrörelsen få ned arbetslösheten mer än tidigare2013Inngår i: Göteborgsposten, ISSN 1103-9345Artikkel i tidsskrift (Annet (populærvitenskap, debatt, mm))
  • 46.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    The Role of Independent Fiscal Policy Institutions2010Rapport (Annet vitenskapelig)
    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.

    Fulltekst (pdf)
    FULLTEXT02
  • 47.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    The Roles of Fiscal Rules, Fiscal Councils, and Fiscal Union in EU Integration2016Inngår i: Routledge Handbook of the Economics of European Integration / [ed] Harald Badinger, Volker Nitsch, Abingdon: Routledge, 2016, s. 157-170Kapittel i bok, del av antologi (Fagfellevurdert)
  • 48.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    The Roles of Stabilixation Policy and Wage Setting for Macroeconomic Stability: The Experiences of Economies with Centralized Bargaining1984Rapport (Annet vitenskapelig)
    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.

    Fulltekst (pdf)
    FULLTEXT01
  • 49.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    The Swedish Fiscal Policy Council2011Rapport (Annet vitenskapelig)
    Fulltekst (pdf)
    FULLTEXT01
  • 50.
    Calmfors, Lars
    Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutet för internationell ekonomi.
    The Swedish Fiscal Policy Council: Experiences and Lessons2010Rapport (Annet vitenskapelig)
    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.

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