Central Bank Forecasts of Policy Interest Rates - Konjunkturinstitutet

NIER prepares analyses and forecasts of the Swedish and international economy and conductsrelated research. NIER is a government agency accountable to the Ministry of Financeand is financed largely by Swedish government funds. Like other governmentagencies, NIER has an independent status and is responsible for the assessments that itpublishes.The Working Paper series consists of publications of research reports and other detailedanalyses. The reports may concern macroeconomic issues related to the forecasts of theinstitute, research in environmental economics, or problems of economic and statisticalmethods. Some of these reports are published in their final form in this series, whereasothers are previews of articles that are subsequently published in international scholarlyjournals under the heading of Reprints. Reports in both of these series can be ordered freeof charge. Most publications can also be downloaded directly from the NIER home page.KONJUNKTURINSTITUTET, KUNGSGATAN 12-14, BOX 3116, SE-103 62 STOCKHOLMTEL: +46 8 453 59 00 FAX: +46 8 453 59 80E-MAIL: KI@KONJ.SE HOMEPAGE: WWW.KONJ.SEISSN 1100-7818