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Ekonomiska kriser och krisberedskap i Sverige

Jonung, Lars LU (2019) In Knut Wicksell Policy paper 1: 2019. p.1-13
Abstract
This study discusses economic crises and crisis preparedness in Sweden. The message may be summarized in four points: (i) economic crises are a recurrent element in Swedish economic history, (ii) economic crises have far-reaching political effects, (iii) economic crises change the design of economic policies and institutions, and (iv) new crises will occur in the future. A major method to prepare for the next financial crisis is to have sufficient fiscal space given by a government debt-to-GDP ratio of 20-30 percent, lower than the present debt ratio. Such a debt anchor will make it possible to counter the next financial crisis by expansionary fiscal policy.
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Working paper/Preprint
publication status
published
subject
keywords
Economic crisis, financial crisis, crisis preparednes, fiscal policy, Sweden, G01, H12, H63
in
Knut Wicksell Policy paper
volume
1: 2019
pages
14 pages
publisher
The Knut Wicksell Centre for Financial Studies, Lund University
language
Swedish
LU publication?
yes
id
3e09eb4a-de01-4850-9185-3ef1e8fcec25
date added to LUP
2019-08-28 11:53:07
date last changed
2021-03-29 22:21:41
@misc{3e09eb4a-de01-4850-9185-3ef1e8fcec25,
  abstract     = {{This study discusses economic crises and crisis preparedness in Sweden. The message may be summarized in four points: (i) economic crises are a recurrent element in Swedish economic history, (ii) economic crises have far-reaching political effects, (iii) economic crises change the design of economic policies and institutions, and (iv) new crises will occur in the future. A major method to prepare for the next financial crisis is to have sufficient fiscal space given by a government debt-to-GDP ratio of 20-30 percent, lower than the present debt ratio. Such a debt anchor will make it possible to counter the next financial crisis by expansionary fiscal policy.}},
  author       = {{Jonung, Lars}},
  keywords     = {{Economic crisis; financial crisis; crisis preparednes; fiscal policy; Sweden; G01; H12; H63}},
  language     = {{swe}},
  note         = {{Working Paper}},
  pages        = {{1--13}},
  publisher    = {{The Knut Wicksell Centre for Financial Studies, Lund University}},
  series       = {{Knut Wicksell Policy paper}},
  title        = {{Ekonomiska kriser och krisberedskap i Sverige}},
  url          = {{https://lup.lub.lu.se/search/files/68890342/2019_1_policypaper.pdf}},
  volume       = {{1: 2019}},
  year         = {{2019}},
}