Central Bank Forecasts of Policy Interest Rates - Konjunkturinstitutet
Central Bank Forecasts of Policy Interest Rates - Konjunkturinstitutet
Central Bank Forecasts of Policy Interest Rates - Konjunkturinstitutet
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<strong>Central</strong> <strong>Bank</strong> <strong>Forecasts</strong> <strong>of</strong> <strong>Policy</strong> <strong>Interest</strong> <strong>Rates</strong>:An Evaluation <strong>of</strong> the First Years Meredith Beechey Pär Österholm We are grateful to Jesper Hansson, Göran Hjelm and seminar participants at the National Institute <strong>of</strong>Economic Research for valuable comments. The views expressed in this paper are solely the responsibility<strong>of</strong> the authors and should not be interpreted as reflecting the views <strong>of</strong> the Executive Board <strong>of</strong> SverigesRiksbank. Sveriges Riksbank, 103 37 Stockholm, Swedene-mail: meredith.beechey@riksbank.se Phone: +46 8 787 0449 National Institute <strong>of</strong> Economic Research, Box 3116, 103 62 Stockholm, Swedene-mail: par.osterholm@konj.se Phone: +46 8 453 5948WORKING PAPER NR 128, JANUARY 2013PUBLISHED BY THE NATIONAL INSTITUTE OF ECONOMIC RESEARCH (NIER)