Skip to main content Accessibility help
×
Hostname: page-component-8448b6f56d-jr42d Total loading time: 0 Render date: 2024-04-19T01:06:00.707Z Has data issue: false hasContentIssue false

3 - Sveriges Riksbank: 350 Years in the Making

Published online by Cambridge University Press:  10 May 2018

Rodney Edvinsson
Affiliation:
Stockholms Universitet
Tor Jacobson
Affiliation:
Sveriges Riksbank
Daniel Waldenström
Affiliation:
Uppsala Universitet, Sweden
Get access

Summary

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2018

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Andersson, Björn, Palmqvist, Stefan and Österholm, Pär (2012), “The Riksbank’s attainment of its inflation target over a longer period of time,” Economic Commentary no. 4.Google Scholar
Bankoutskottet (1937), Utlåtande No. 67.Google Scholar
Andreen, Per G. (1958), “Retrospect and survey” in Politik och finansväsen. Från 1815 års riksdag till 1830 års realisationsbeslut. Del I: 1815–1818, Stockholm Studies in History. Stockholm: Almqvist & Wiksell, 577–613.Google Scholar
Andreen, Per G. (1961), “Summary” in Politik och finansväsen. Från 1815 års riksdag till 1830 års realisationsbeslut. Del II:2 1823–1830, Stockholm Studies in History. Stockholm: Almqvist & Wiksell, 363–375.Google Scholar
Bankoutskottet (1958), Utlåtande No. 6.Google Scholar
Bloomfield, Arthur (1959), Monetary Policy under the International Gold Standard, New York: Federal Reserve Bank of New York.Google Scholar
Bosworth, Barry P. and Rivlin, Alice M (eds.) (1987), The Swedish Economy, Washington, DC: Brookings Institution Press.Google Scholar
Brisman, Sven (1918), “Den Palmstruchska banken och Riksens Ständers bank under den karolinska tiden” (The bank of Palmstruch and the parliament’s bank under the Karls, in Sveriges Riksbank 1668–1918, Vol. I1.Google Scholar
Brisman, Sven (1924), Sveriges affärsbanker. Grundläggningstiden (Sweden’s commercial banks. The founding period), Stockholm: Svenska bankföreningen.Google Scholar
Brisman, Sven (1931a), “Tiden 1803–1834,” in Sveriges Riksbank 1668–1918, Vol. IV.Google Scholar
Brisman, Sven (1931b), “Den stora reformperioden 1860–1904,” in Sveriges Riksbank 1668–1918, Vol. IV.Google Scholar
Brisman, Sven (1934), Sveriges affärsbanker. Utvecklingstiden (Sweden’s commercial banks. The development period), Stockholm: Svenska bankföreningen.Google Scholar
Capie, Forrest, Goodhart, Charles and Schnadt, Norbert (1994), “The development of central banking,” in Capie, Forrest et al (eds.) The Future of Central Banking. The Tercentary Symposium of the Bank of England, Cambridge: Cambridge University Press, 1231.Google Scholar
Carlson, Benny (1993), “Den enprocentiga revolutionen. Debatten om riksbankens ställning i samband med räntekuppen 1957” (The one-per cent revolution. The debate of the Riksbank’s status in response to the interest rate coup 1957), Lund Papers in Economic History No. 26.Google Scholar
Cassel, Gustav (1908), Riksbanken under krisen 1907–1908, Stockholm: Hugo Gebers förlag.Google Scholar
Chydenius, Anders (1766/2012), Rikets hjälp genom en naturlig finance-system (A remedy for the country by means of a natural system of finance), translated in Hyttinen, P. and Jonasson, M. (eds.) (2012), Anticipating the Wealth of Nations. The Selected Works of Anders Chydenius, London: Routledge.Google Scholar
Davidson, David (1931), “Tiden 1834–1860,” in Sveriges Riksbank 1668–1918, Vol. IV.Google Scholar
Eagly, Robert V. (1971), The Swedish Bullionist Controversy. P.N. Chistiernin’s Lectures on the High Price of Foreign Exchange in Sweden, Philadelphia: American Philosophical Society.Google Scholar
Edvinsson, Rodney (2010), “Foreign exchange rates in Sweden 1658–1803,” in Edvinsson, R. et al. (eds.) Historical Monetary and Financial Statistics for Sweden, Volume I: Exchange Rates, Prices, and Wages, 1277–2008, Stockholm: Sveriges Riksbank and Ekerlids.Google Scholar
Edvinsson, Rodney and Ögren, Anders (2014), “Swedish money supply 1620–2012,” in Edvinsson, R. et al. (eds) Historical Monetary and Financial Statistics for Sweden, Volume 2: House Prices, Stock Returns, National Accounts, and the Riksbank Balance Sheet, 1620–2012, Stockholm: Sveriges Riksbank and Ekerlids.Google Scholar
Edvinsson, Rodney and Söderberg, Johan (2010), “The evolution of Swedish consumer prices 1290–2008,” in Edvinsson, R. et al. (eds.) Historical Monetary and Financial Statistics for Sweden, Volume I: Exchange Rates, Prices, and Wages, 1277–2008, Stockholm: Sveriges Riksbank and Ekerlids.Google Scholar
Eichengreen, Barry (1996), Globalizing Capital, Princeton, NJ: Princeton University Press.Google Scholar
Eitrheim, Öyvind, Klovland, Jan Tore and Öksendal, Lars Fredrik (2016), A Monetary History of Norway 1816–2016, Cambridge: Cambridge University Press.CrossRefGoogle Scholar
Eklöf, Kurt (1990a), ”Penningpolitikens mål och medel 1955–1967” (The goals and means of monetary policy 1955–1967), Occasional Paper 8, Sveriges Riksbank.Google Scholar
Eklöf, Kurt (1990b), “Tre valutakriser 1967–1977” (Three currency crisis 1967–1977), Occasional Paper 7, Sveriges Riksbank.Google Scholar
Englund, Peter (1999), ”The Swedish banking crisis: Roots and consequences,” Oxford Review of Economic Policy 15, 8097.Google Scholar
Flux, A.W. (1910), The Swedish Banking System, Senate Document No. 586, National Monetary Commission, Vol. XVII, Washington, DC: Government Printing Office.Google Scholar
Franzén, Christer (1989), “När utländsk statsskuld blev inhemsk” (When foreign government debt became domestic), in Dahmén, Erik (ed.) Upplåning och utveckling. Riksgäldskontoret 1789–1989, Stockholm: Allmänna förlaget.Google Scholar
Fregert, Klas (1993), “Erik Lindahl’s norm for monetary policy,” in Jonung, L. (ed.) Swedish Economic Thought, London: Routledge.Google Scholar
Fregert, Klas (2014), ”The Riksbank balance sheet 1668–2012.” in Edvinsson, R. et al. (eds.) Historical Monetary and Financial Statistics for Sweden, Vol. 2 House Prices, Stock Returns, National Accounts, and the Riksbank Balance Sheet, 1620–2012: Stockholm: Sveriges Riksbank and Ekerlids förlag.Google Scholar
Fregert, Klas and Jonung, Lars (1996),”Inflation and switches between species and paper standards in Sweden 1668–1931: A public finance interpretation,” Scottish Journal of Political Economy 43, 419443.CrossRefGoogle Scholar
Fregert, Klas and Jonung, Lars (2004), “Deflation dynamics in Sweden: Perceptions, expectations, and adjustment during the deflations of 1921–1922 and 1931–1933,” in Burdekin, C.K. and Siklos, P.L. (eds.) Deflation. Current and Historical Perspectives, Cambridge: Cambridge University Press, 91128.Google Scholar
Fritz, Sven (1967), “Summary,” in Studier i svenskt bankväsen 1772–1789, Skrifter utgivna av Ekonomisk-historiska institutet i Stockholm, 273281.Google Scholar
Gasslander, Olle (1962), History of Stockholm enskilda bank to 1914, Stockholm: Stockholms enskilda bank.Google Scholar
Georgsson, Magnus, Vredin, Anders and Sommar, Per Åsberg (2015), “The modern central bank’s mandate and the discussion following the financial crisis,” Sveriges Riksbank Economic Review 2015:1.Google Scholar
Giavazzi, Francesco and Mishkin, Frederic (2006), An Evaluation of Swedish Monetary Policy between 1995 and 2005, Rapport från riksdagen 2006/07:RFR1.Google Scholar
Goodfriend, Marvin and King, Mervyn (2015), Review of the Riksbank’s Monetary Policy 2010–2015, Rapport från riksdagen 2015/16: RFR7.Google Scholar
Goodhart, Charles (1988), The Evolution of Central Banks, Cambridge, MA: The MIT Press.Google Scholar
Goodhart, Charles and Rochet, Jean-Charles (2011), Evaluation of the Riksbank’s Monetary Policy and Work with Financial Stability 2005–2010, Rapport från riksdagen 2010/11:RFR5.Google Scholar
Grossman, Richard S. (2010), Unsettled Account. The Evolution of Banking in the Industrialized World since 1800, Princeton, NJ: Princeton University Press.Google Scholar
Hagberg, Axel (2007), Bankkrishantering. Aktörer, marknad och stat (Bank crisis management. Actors, markets, and state), Stockholm: Ekonomiska forskningsinstitutet vid Handelshögskolan i Stockholm.Google Scholar
Hallendorff, C. (1919), “Bankens öden från mössväldet till den andra realisationen 1766–1803” (The history of the Riksbank from the reign of the Caps until the second devaluation 1766–1803), in Sveriges Riksbank 1668–1918, Vol. III.Google Scholar
Hansson, Ingemar, Jonung, Lars, Myhrman, Johan and Söderström, Hans Tson (1985), Vägen till ett stabilare Sverige. Konjunkturrådets rapport (The road to a more stable Sweden), Stockholm: SNS förlag.Google Scholar
Heckscher, E., (1926/1930), “Sweden. Part III. Monetary history, in its relation to foreign trade and shipping,” in Shotwell, J.T. (ed.) Sweden, Norway, Denmark and Iceland in the World War, New Haven: Yale University Press. Translation from Swedish in 1930.Google Scholar
Heckscher, Eli F. (1934), “The Riksbank of Sweden in its connection with the Bank of Amsterdam,” in van Dillen, J. G. (ed.) History of the principal public banks, The Hague: Martinus Nijhoff, reprinted by Kelley, A.M., USA, 1964.Google Scholar
Heckscher, E., (1949), “Riksgälds. En unik fas i det svenska penningväsendets historia” (Riksgälds. A unique phase in the history of the Swedish monetary system), Ekonomisk Tidskrift 51, 235257.Google Scholar
Heikensten, Lars (1999), “The Riksbank’s inflation target – clarifications and evaluation,” Sveriges Riksbank Quarterly Review 1999:1, 517.Google Scholar
Horn, Henrik and Persson, Torsten (1988), “Exchange rate policy, wage formation and credibility,” European Economic Review 32, 16211636.CrossRefGoogle Scholar
Jakobsson, Ulf (1997), “Den svenska devalveringscykeln” (The Swedish devaluation cycle), Ekonomisk Debatt 25:3.Google Scholar
Jonung, Lars (1979), “Cassel, Davidson and Heckscher on Swedish Monetary Policy. A Confidential Report to the Riksbank in 1931,” Economy and History 22, 85101.CrossRefGoogle Scholar
Jonung, Lars (1984), “Swedish experience under the classical gold standard, 1873–1914,” in Bordo, Michael D. and Schwartz, Anna J. (eds.) A Retrospective on the Classical Gold Standard, 1821–1931, Chicago: University of Chicago Press.Google Scholar
Jonung, Lars (ed.) (1991), Devalveringen 1982 -rivstart eller snedtändning (The devaluation 1982 – flying start or backfire?), Stockholm: SNS förlag.Google Scholar
Jonung, Lars (1993), “The rise and fall of credit controls: The case of Sweden, 1939–89,” in Bordo, M.D. and Capie, F. (eds.) Monetary Regimes in Transition, Cambridge: Cambridge University Press, 346372.CrossRefGoogle Scholar
Jonung, Lars (2007), “The Scandinavian Currency Union 1873–1924”, in Cotrell, P., Notaras, G. and Tortella, G. (eds.) From the Athenian Tetradrachm to the Euro. Studies in European Monetary Integration, Ashgate: Aldershot.Google Scholar
Jonung, Lars and Berg, Claes (1999), “Pioneering price level targeting: The Swedish experience 1931–1937,” Journal of Monetary Economics 43: 525551.Google Scholar
Jonung, Lars, Kiander, Jaakko and Vartia, Pentti (eds.) (2009), The Great Financial Crisis in Finland and Sweden. The Nordic Experience of Finanical Liberalization, Cheltenham: Edward Elgar.CrossRefGoogle Scholar
Kock, Karin (1961), Kreditmarknad och räntepolitik, Första delen Del I och II, Uppsala: Sveriges Allmänna Hypoteksbank.Google Scholar
Kock, Karin (1962), Kreditmarknad och räntepolitik, Andra delen, Uppsala: Sveriges Allmänna Hypoteksbank.Google Scholar
Lindahl, Erik, Dahlgren, Einar and Kock, Karin (1937), National Income of Sweden 1861–1930. Part Two, Stockholm: Norstedt & Söner.Google Scholar
Lindbeck, Assar, Molander, Per, Persson, Torsten, Petersen, Olof, Sandmo, Agnar, Swedenborg, Birgitta and Thygesen, Niels (1993), “Options for economic and political reform in Sweden,” Economic Policy, October. Summary of SOU 1993:16.Google Scholar
McCallum, Bennett T. (1995), “Two fallacies concerning central-bank independence,” The American Economic Review 85, 207211.Google Scholar
McKinnon, Ronald I. (1993), “The rules of the game: International money in historical perspective,” Journal of Economic Literature 31, 144.Google Scholar
Montgomery, Arthur, (1920), “Riksbanken och de valutapolitiska problemen 1719–1778” (The Riksbank and the problems of exchange rate policy 1719–1778), in Sveriges Riksbank 1668–1918, Vol. III.Google Scholar
Montgomery, Arthur (1934), “Riksdagen och Riksbanken efter 1809,” in Sveriges Riksdag. Historisk och statsvetenskaplig framställning, Vol. 13.Google Scholar
Marianne, Nessén, Sellin, Peter and Sommar, Per Åsberg (2011), “The framework for the implementation of monetary policy, the Riksbank’s balance sheet and the financial crisis,” Economic Commentary No. 1, The Riksbank.Google Scholar
Nurkse, Ragnar (1944), International Currency Experience. Lessons of the Inter-war Period, Geneva League of Nations.Google Scholar
Nygren, Ingemar (1989), “När lång upplåning blev korta krediter 1840–1905” (When long borrowing became short credits), in Erik, Dahmén, (ed.) Upplåning och utveckling. Riksgäldskontoret 1789–1989, Stockholm: Allmänna Förlaget.Google Scholar
Ögren, Anders (2013), “The financial revolution in Sweden 1650–1900,” in Caprio, G. (ed.) Handbook of Global Financial Markets, Institutions, and Infrastructure, Oxford: Elsevier, 270280.Google Scholar
Pettersson, Lars (1989), “Riksgäldkontoret, penningpolitiken och statsstödssystemet under tidigt 1800-tal” (The National Debt Office, monetary policy and the state support system in the early 1800s), in Upplåning och utveckling. Riksgäldkontoret 1789–1989, Stockholm: Allmänna förlaget.Google Scholar
Rooth, Ivar (1988), Ivar Rooth. Riksbankschef 1929–1948. En autobiografi intalad för och utskriven av Gösta Rooth.Google Scholar
Sandberg, Lars G. (1978), “Banking and economic growth in Sweden before World War I,” The Journal of Economic History 38, 650680.Google Scholar
Simonsson, K.G. (1934), ”Riksdagen som Riksbankens principal,” in Sveriges Riksdag. Historisk och statsvetenskaplig framställning, Vol 13.Google Scholar
Smith, Vera (1936), The Rationale of Central Banking and the Free Banking Alternative, Westminster: P.S. King Ltd.Google Scholar
Söderlund, Ernst (1964), Skandinaviska banken i det svenska bankväsendets historia 1864–1913, Uppsala: Almqvist och Wiksell.Google Scholar
SOU 1955:43, Om sedelutgivningsrätten och därmed sammanhängande penningpolitiska frågor (The right to note issue and connected questions), Stockholm: Finansdepartementet.Google Scholar
SOU 1982:52, Kreditpolitiken. Fakta, teorier och erfarenheter (Credit policy. Facts, theories, and experiences), Stockholm: Finansdepartementet.Google Scholar
SOU 1982:53, Kreditpolitiken. Fakta, teorier och erfarenheter, Expertrapporter, Stockholm: Ekonomidepartementet.Google Scholar
SOU 1986:22, Riksbanken och Riksgäldskontoret. Förslag till ny riksbankslag och ändrat huvudmannaskap för riksgäldskontoret (The Riksbank and the National Debt Office. A proposal for a new Riksbank Act and a new principal for the National Debt Office), Stockholm: Finansdepartementet.Google Scholar
SOU 1993:16, Nya villkor för ekonomi och politik (New requirements for economy and politics), Stockholm: Finansdepartementet.Google Scholar
SOU 1993:20, Riksbanken och prisstabiliteten, Stockholm: Finansdepartementet.Google Scholar
SOU 2013:9, Riksbankens finansiella oberoende och balansräkning, Stockholm: Finansdepartementet.Google Scholar
Sveriges konstitutionella urkunder (1999), Stockholm: SNS Förlag.Google Scholar
Riksbank, Sveriges 1668–1924 (1931), Statistiska tabeller 1668–1924, Vol. V, Stockholm: Norstedt och Söner.Google Scholar
Sveriges Riksbank Act (1988:1385), riksbank.se.Google Scholar
Tarkka, Juha (2009), “The North European model of early central banking,” in Mayes, David and Wood, Geoffrey (eds.) Designing Central Banks, London: Routledge.Google Scholar
Thomas, R. and Dimsdale, N. (2017) “A Millennium of UK Data,” Bank of England OBRA dataset, www.bankofengland.co.uk/research/Pages/onebank/threecenturies.aspx. Accessed August 2017.Google Scholar
Wendschlag, Mikael (2012), Theoretical and Empirical Accounts of Swedish Financial Supervision in the Twentieth Century, Linköping Studies in Arts and Sciences 555, Linköping: Linköping University.Google Scholar
Werin, Lars, Englund, Peter, Jonung, Lars and Wihlborg, Clas (eds.) (1993), Från räntereglering till inflationsnorm, Det finansiella systemet och Riksbankens politik 1945–1990 (From interest-rate regulation to inflation target. The financial system and the policy of the Riksbank 1945–1990), Stockholm: SNS förlag.Google Scholar
Wetterberg, Gunnar (2009), Money and Fower. From Stockholm Banco 1656 to Sveriges Riksbank Today, Stockholm: Atlantis.Google Scholar

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×