Economic research at the Riksbank is conducted primarily within the Research Division. The Division has 12 permanent staff members , of whom ten are Ph.D. economists. The Monetary Policy Department and the Financial Stability Department also conduct economic research and employ Ph.D. economists.
Economists in the Division do research in many areas of importance to the Riksbank, with the objective of furthering our understanding of the overall economy, and in particular monetary policy, the banking system, financial markets, and supervisory policy. Two of the major research projects deal with default and credit risk in bank loan portfolios and developing an estimated dynamic general equilibrium model of the Swedish economy.
Our research is published in the Riksbank Working Paper series and often in peer-reviewed journals. Research Division economists also contribute at international conferences and in major journals. Recent articles of staff members have appeared in the American Economic Review, the Journal of Monetary Economics, the Journal of Economic Dynamics and Control, the Review of Economic Dynamics, the European Economic Review, the Journal of Econometrics, the Journal of Time Series Analysis, the Review of Economics and Statistics and the Journal of Banking and Finance.
Research economists also advise decision-makers on monetary policy and financial market issues. Through presentations, papers, and advisory activities, they share their insights and expertise with fellow professionals and policymakers. They are also involved in developing models that are used in economic analyses and forecasting for the Executive Board and policy departments.
The division usually organizes one or two conferences per year on subjects that are of interest to the bank. We also host an internationally oriented seminar series, and have mutual visiting programs with the Federal Reserve Banks in Cleveland and Philadelphia. We work actively together with the universities in Stockholm and Uppsala in terms of courses, student tutoring, and joint research projects.