Scandinavian Working Papers in Economics
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Bank of Finland Research Discussion Papers, Bank of Finland

1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

No. 35/2003: A calibrated structural model of the Czech economy Full Text
Tibor Hlédik

No. 34/2003: Effects of the supply-side channel on stabilisation properties of policy rules Full Text
Jukka Railavo

No. 33/2003: Determinants of the loan loss allowance: some cross-country comparisons Full Text
Iftekhar Hasan and Larry D. Wall

No. 31/2003: The rigidity bias Full Text
Risto Herrala

No. 30/2003: Adaptive learning and multiple equilibria in a natural rate monetary model with unemployment persistence Full Text
Anssi Rantala

No. 29/2003: Irreversible investment under interest rate variability: new results Full Text
Luis H.R. Alvarez and Erkki Koskela

No. 28/2003: Are adverse selection models of debt robust to changes in market structure? Full Text
Jukka Vauhkonen

No. 27/2003: Staggered prices and trend inflation: some nuisances Full Text
Guido Ascari

No. 26/2003: Interlinking securities settlement systems: A strategic commitment? Full Text
Karlo Kauko

No. 25/2003: Preventing systemic crises through bank transparency Full Text
Ari Hyytinen and Tuomas Takalo

No. 24/2003: Buffer funding of unemployment insurance in a dynamic labour union model Full Text
Marja-Liisa Halko

No. 23/2003: Simulating interbank payment and securities settlement mechanisms with the BoF-PSS2 simulator Full Text
Harry Leinonen and Kimmo Soramäki

No. 22/2003: Policy interaction, expectations and the liquidity trap Full Text
George W. Evans and Seppo Honkapohja

No. 21/2003: The role of market discipline in handling problem banks Full Text
David T. Llewellyn and David G. Mayes

No. 20/2003: Learning, inflation expectations and optimal monetary policy Full Text
Eric Schaling

No. 19/2003: Equilibrium unemployment under negotiated profit sharing Full Text
Erkki Koskela and Rune Stenbacka

No. 18/2003: A positive theory of monetary policy and robust control Full Text
Juha Kilponen

No. 17/2003: Investor protection and business creation Full Text
Ari Hyytinen and Tuomas Takalo

No. 16/2003: Competition and regulation in European retail payment systems Full Text
Kari Kemppainen

No. 15/2003: Cross-country asymmetries in euro area monetary transmission: the role of national financial systems Full Text
Hanna Putkuri

No. 14/2003: Financial contracts and contingent control rights Full Text
Jukka Vauhkonen

No. 13/2003: Banks' equity stakes in borrowing firms: corporate finance approach Full Text
Jukka Vauhkonen

No. 12/2003: Optimal discretionary monetary policy in the open economy: Choosing between CPI and domestic inflation as target variables Full Text
Alfred V. Guender

No. 11/2003: Labour market flexibility and policy coordination in a monetary union Full Text
Anssi Rantala

No. 10/2003: Friedman's money supply rule vs optimal interest rate policy Full Text
George W. Evans and Seppo Honkapohja

No. 9/2003: Money as an indicator variable for monetary policy when money demand is forward looking Full Text
Lauri Kajanoja

No. 8/2003: Card, Internet and mobile payments in Finland Full Text
Hanna Jyrkönen and Heli Paunonen

No. 7/2003: Restructuring securities systems processing – a blue print proposal for real-time/t+0 processing Full Text
Harry Leinonen

No. 6/2003: Equilibrium in financial markets with adverse selection Full Text
Tuomas Takalo and Otto Toivanen

No. 5/2003: Economic evaluation of bank exit regimes in US, EU and Japanese financial centres Full Text
Peik Granlund

No. 4/2003: Simulation-based stress testing of banks’ regulatory capital adequacy Full Text
Samu Peura and Esa Jokivuolle

No. 2/2003: Do networks in the stock exchange industry pay off? European evidence Full Text
Iftekhar Hasan and Heiko Schmiedel

No. 1/2003: Payment systems efficiency, policy approaches, and the role of the central bank Full Text
Tanai Khiaonarong

1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
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