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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 (Swedish)
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.
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author
organization
publishing date
type
Working Paper
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
2019-08-29 09:16:50
@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},
  keyword      = {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},
  volume       = {1: 2019},
  year         = {2019},
}