Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/283226 
Year of Publication: 
2024
Series/Report no.: 
Working Paper No. 1035
Publisher: 
Levy Economics Institute of Bard College, Annandale-on-Hudson, NY
Abstract: 
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.
Subjects: 
Riksbank
Swedish crowns
public finance
money creation
JEL: 
E62
B52
E12
Document Type: 
Working Paper

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