The Swedish monetary system from a balance sheet perspective

Dirk Ehnts (Pufendorf Society for Political Economy) and Jussi Ora (MMT Sweden)

In this paper, we discuss the balance sheet mechanics of the Swedish government. We examine spending, government bond purchases, and tax payments. As long as the Swedish central bank, which is created through Swedish laws, supports the Swedish central government, it cannot run out of money. The Swedish government therefore plays a large role in the Swedish economy. It can and should target full employment and price stability, bringing to bear its fiscal power.

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Year of publication:	January 2024
Authors:	Ehnts, Dirk ; Ora, Jussi
Publisher:	Annandale-on-Hudson, NY : Levy Economics Institute
Subject:	Riksbank \| Swedish crowns \| public finance \| money creation \| Schweden \| Sweden \| Geldpolitik \| Monetary policy \| Öffentliche Finanzen \| Public finance \| Geldschöpfung \| Money creation

Extent:	1 Online-Ressource (circa 14 Seiten) Illustrationen
Series:	Working papers / The Levy Economics Institute. - Annandale-on-Hudson, NY : [Verlag nicht ermittelbar], ZDB-ID 2195074-X. - Vol. no. 1035
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/283226 [Handle]
Classification:	E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; B52 - Institutional; Evolutionary ; E12 - Keynes; Keynesian; Post-Keynesian
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014449784