Boxes

Archive of all boxes published in Monetary Bulletin since 1999:

 Volume No. Publishing month Boxes
 2022/2  88  May 2022 Alternative scenarios and uncertainties
 2022/2  88  May 2022 The economic impact of the invasion of Ukraine
 2021/4  86 November 2021 Alternative scenarios and uncertainties
 2021/4   86 November 2021  A new version of the Central Bank's DYNIMO model
 2021/4  86  November 2021 The Central Bank's macroeconomic forecasts for 2020
 2021/2  84 May 2021  Alternative scenarios and uncertainties
 2021/2  84 May 2021
 The economic contraction in the wake of the pandemic
 2021/2  84 May 2021
 Why has Iceland’s growth potential slowed?
 2021/2  84 May 2021
 How rapidly will unemployment decline as the economy recovers?
 2020/4  82 November 2020 Alternative scenarios and uncertainties 
 2020/4  82 November 2020 COVID-19, inflation, and household consumption patterns
 2020/4  82 November 2020  Fiscal budget proposal for 2021 
 2020/4  82 November 2020 The Central Bank's macroeconomic forecasts for 2019
 2020/2  80 May 2020 The economic impact of the COVID-19 pandemic 
 2020/2   80 May 2020 Macroeconomic policy measures in response to the COVID-19 pandemic
 2019/4  78 November 2019 Global decline in real interest rates and the Central Bank's neutral rate
 2019/4  78 November 2019 Firm's pricing decisions
 2019/4  78 November 2019 Fiscal budget proposal for 2020
 2019/4  78 November 2019 The Central Bank of Iceland forecasting record
 2019/2  76  May 2019  Economic recessions in Iceland since 1975
 2019/2  76  May 2019  Economic resilience as the cycle turns
 2019/2  76  May 2019  Fiscal measures in relation to the new wage agreements
 2019/2  76  May 2019  Newly concluded private sector wage agreements
 2018/4  74 November 2018 The transmission of the Central Bank policy rate to other interest rates
 2018/4  74  November 2018 The Icelandic economy a decade after the financial crisis
 2018/4  74 November 2018 Fiscal budget proposal for 2019
 2018/4  74 November 2018 The total wage index
 2018/4  74 November 2018 The Central Bank of Iceland forecasting record
 2018/2  72 May 2018 Special reserve requirement on capital inflows and private sector financing conditions
 2018/2  72 May 2018 New statistics on labour volume and productivity
 2018/2  72 May 2018 New measure of capacity utilisation
 2018/2  72 May 2018 Underlying inflation as measured by the common component of the CPI
 2017/4  70 November 2017 Fluctuations in the ISK exchange rate in international context
 2017/4  70 November 2017 Special reserve requirement on capital inflows
 2017/4  70 November 2017 The baseline forecast compared to a forecast from the Bank's DSGE model
 2017/4  70 November 2017 Recent revision of the national accounts
 2017/4  70 November 2017 Fiscal budget proposal 2018
 2017/4  70 November 2017 The Central Bank of Iceland forecasting record
 2017/2  68 May 2017 The current account balance and national saving
 2017/2  68 May 2017 The surge in tourism and its divergent effects on various measures of inflation
 2017/2  68 May 2017 Lower and more stable inflation and firmer anchor for inflation expectations
 2016/4  66 November 2016 Capital flows and the Central Bank's new capital flow management measure
 2016/4  66 November 2016 The housing component of the consumer price index
 2016/4  66 November 2016 The Central Bank of Iceland forecasting record
 2016/4  66 November 2016 Report to the Government on inflation below the lower deviation limit
 2016/2  64  May 2016 Improved terms of trade and rising economic prosperity
 2016/2  64  May 2016  First Statistics Iceland figures on 2015 wage costs and revision of previous figures
 2016/2  64 May 2016 Has the equilibrium real exchange rate risen?
 2016/2  64  May 2016 Iceland's external position in historical and international context
 2016/2  64 May 2016 Why has inflation been so low in the past two years?
 2015/4  62 November 2015
Recent turbulence in the domestic bond market: capital inflows and reduction of nominal long-term interest rate
 2015/4  62 November 2015 Impact of exchange rate movements on external trade and terms of trade
 2015/4  62 November 2015 Fiscal budget proposal 2016
 2015/4  62 November 2015 Assumptions concerning wage developments in Central Bank forecasts
 2015/4  62 November 2015 Updated Central Bank of Iceland macroeconomic model
 2015/4  62 November 2015 The Central Bank of Iceland forecasting record
 2015/2  60 May 2015 Estimating underlying inflation using a dynamic factor model
 2015/2  60 May 2015 Monetary Policy Committee voting pattern: six years’ experience
 2015/2  60 May 2015 New data to estimate slack or tension in the labour market
 2015/2  60 May 2015 Inflation expectations in the run-up to wage settlements: comparison with 2011
 2015/2  60  May 2015 Risk premia and estimates of inflation expectations in the bond market
 2014/4  58 November 2014 New national accounts standards
 2014/4  58 November 2014 National budget proposal 2015
 2014/4  58 November 2014 The Central Bank of Iceland forecasting record
 2014/2
 56 May 2014 Enhanced economic stability and the role of monetary policy
 2014/2
 56 May 2014 Post-crisis developments in money holdings
 2014/2
 56 May 2014 The economic impact of Central Bank foreign currency auctions
 2014/2  56 May 2014 Indicators of developments in imports based on cross-border payment intermediation orders
 2014/2  56 May 2014 Bill of legislation on fiscal framework reform
 2014/2  56  May 2014 New wage settlements
 2013/4 54 November 2013 Reasons for the post-crisis deterioration in terms of trade
 2013/4 54 November 2013 Effects of money market inefficiencies on monetary policy transmission and reliability of indicators of market expectations
 2013/4 54 November 2013 Various measures of economic activity and performance
 2013/4 54 November 2013 Indicators of internal adjustment of the economy and the shift of production from the non-tradable to the tradable sector
 2013/4 54 November 2013 National budget proposal for 2014
 2013/4 54  November 2013 Equilibrium unemployment in Iceland
 2013/2 52  May 2013 Payments to households in the wake of the financial crisis
 2013/2 52 May 2013  Why is the policy rate higher in Iceland than in other developed countries?
 2012/4
50 November 2012  Post-crisis economic developments and Central Bank forecasts
 2012/4 50 November 2012  Investment in the aftermath of financial crisis
 2012/4
50  November 2012  Seasonal adjustment of GDP
 2012/4
50 November 2012  National budget proposal for 2013
 2012/4
50 November 2012  Post-crisis developments in unemployment
 2012/4 50 November 2012  Changes in Central Bank forecasts of the trade balance
 2012/2  48 May 2012
The Icelandic rental market
 2012/2  48 May 2012
Using high-frequency indicators to forecast private consumption
 2012/2  48 May 2012
The outlook for Iceland's external debt and payment flows
 2011/4
 46 November 2011
Housing owned by the Housing Financing Fund and the banks
 2011/4
 46 November 2011
Why did Iceland's potential output contract in the wake of the financial crisis?
 2011/4
 46 November 2011
National Budget Proposal 2012
 2011/4
 46 November 2011
The flexibility of the Icelandic labour market and migration flows
 2011/4  46 November 2011  Is the increase of equilibrium unemployment reversing?
 2011/2  44 April 2011 Housing bubbles
 2011/2  44 April 2011 Survey of large corporations' investment
 2011/2  44 April 2011 Exchange rate pass-through
 2010/4  42 November 2010 Foreign direct investment and output growth
 2010/4  42 November 2010 Assumptions concerning investment in heavy industry in the Central Bank's baseline forecast
 2010/4  42 November 2010 The Icelandic contraction and timing of recovery in international context
 2010/4  42 November 2010 National Budget 2011
 2010/4  42 November 2010 Productivity development and employment growth
 2010/2  40 May 2010 Capital controls and their role in the economic recovery
 2010/2  40 May 2010 Terms of trade and real exchange rate
 2010/2  40 May 2010 Real estate market developments
 2010/2  40 May 2010 Central bank balance sheet expansion in the financial crises
 2010/2  40 May 2010 Fluctuations in private consumption
 2010/2  40 May 2010 Changes in measurement of employment
 2010/2  40 May 2010 New method for estimating foreign direct investment
 2010/2  40 May 2010 The balance of payments outlook
 2009/4  38 November 2009 Developments in house prices: Different calculation methods point in the same direction
 2009/2  36  May 2009  The outlook for aluminium prices 
 2009/2  36 May 2009  The offshore market for krónur 
 2009/2  36 May 2009 Facing the "impatient investor" challenge 
 2009/2  36 May 2009 Unemployment and financial crises 
 2009/2  36 May 2009 Foreign debt and balance on income 
 2009/2  36 May 2009 Updated macroeconomic model 
 2008/3  34 November 2008  Global financial crisis deepens 
 2008/3  34 November 2008 Domestic asset prices and the Bank of England financial market liquidity index 
 2008/3  34 November 2008  Sudden stop of international capital inflows 
 2008/3  34 November 2008  Sustainability of public sector debt 
 2008/2  33 July 2008 Inflation developments in emerging market economies and monetary policy restraint
 2008/2  33 July 2008 The importance of well-functioning financial markets
 2008/2  33 July 2008  Changes in the macroeconomic forecast from Monetary Bulletin 2008/1
 2008/2  33 July 2008 The housing market in a global context
 2008/2  33 July 2008 The effect of exchange rate movements on inflation
 2008/2  33 July 2008 Changes in the inflation forecast from Monetary Bulletin 2008/1
 2008/2  33 July 2008 Alternative scenarios
 2008/2  33 July 2008  The Central Bank of Iceland's foreign exchange reserves
 2008/1  32 April 2008 The importance of anchoring inflation expectations
 2008/1  32 April 2008 The impact of the US sub-prime crisis
 2008/1   32 April 2008 The recent turmoil in the Icelandic foreign exchange market
 2008/1  32 April 2008 Changes in the macroeconomic forecast from Monetary Bulletin 2007/3
 2008/1  32 April 2008  Government involvement in wage settlements: Cost to the Treasury 
 2008/1  32 April 2008  Wage settlements 2008
 2008/1  32 April 2008 Changes in the inflation forecast from Monetary Bulletin 2007/3
 2008/1  32 April 2008 Alternative scenarios
 2007/3  31 November 2007 Inflation above tolerance limits
 2007/3  31 November 2007 The policy interest rate according to the Taylor rule and the effects of revised estimates of the output gap
 2007/3  31 November 2007 The effects of rising commodity prices on consumer prices and the national economy
 2007/3  31 November 2007 Globalisation and monetary policy in Iceland
 2007/3  31 November 2007 The impact of the publication of the Central Bank's policy rate path on forward interest rates and the effectiveness of monetary policy
 2007/3  31 November 2007 The effects of monetary policy on private consumption
 2007/3  31 November 2007 Further investment in aluminium and power plants?
 2007/3  31 November 2007 Changes from the macroeconomic forecast since Monetary Bulletin 2007/2
 2007/3  31 November 2007 Changes to the inflation forecast from Monetary Bulletin 2007/2
 2007/3  31 November 2007 Alternative scenarios
 2007/2  30 July 2007  Financial market analysts' assessments of the economic outlook
 2007/2  30 July 2007 Estimating underlying inflation
 2007/2  30 July 2007 Changes in the baseline forecast from Monetary Bulletin 2007/1
 2007/2  30 July 2007 Alternative scenarios
 2007/2  30 July 2007 Definitions of key concepts
 2007/1  29 March 2007 Financial market analysts' assessments of the economic outlook
 2007/1  29 March 2007 The impact of foreign labour on inflation
 2007/1  29 March 2007 Increased stocks of foreign assets and liabilities heighten volatility in net investment income
 2007/1  29 March 2007  Base effects in the CPI
 2007/1  29 March 2007  Calculation of confidence intervals
 2007/1  29 March 2007  Alternative scenarios
 2006/3  28 November 2006  Financial market analysts' assessments of the economic outlook
 2006/3  28 November 2006 Inflation developments in the face of a large króna depreciation
 2006/2  27 July 2006 New presentation of the macroeconomic and inflation forecast
 2006/2  27 July 2006  Financial market analysts' assessments of the economic outlook
 2006/2  27 July 2006  Revised CPI base
 2006/2  27 July 2006  Review of private sector wage agreements
 2006/2  27 July 2006  Major uncertainties still loom over further aluminium investment plans
 2006/1  26 March 2006 Foreign exchange market highlights 2005
 2006/1  26 March 2006 Financial market analysts' assessments of the economic outlook
 2006/1  26 March 2006 Central Bank inflation forecasting methods
 2006/1  26 March 2006 Estimating the output gap
 2006/1  26 March 2006 Plans for more aluminium smelters
 2006/1  26 March 2006 The economic impact of the US military withdrawal from Iceland
 2006/1  26 March 2006 Króna-denominated Eurobond issues
 2005/4  25 December 2005 Structure of króna-denominated Eurobond issues
 2005/4  25 December 2005 Amendment to the joint declaration of the Government of Iceland and Central Bank of Iceland from March 27, 2001
 2005/4  25 December 2005 The exchange rate of the króna and the interest-rate differential with abroad
 2005/4  25 December 2005 Financial market analysts' assessments of the economic outlook
 2005/3  24 September 2005 Central Bank of Iceland foreign reserves
 2005/3  24 September 2005 Non-residents' issues of króna-denominated bonds
 2005/3  24 September 2005 Financial market analysts' assessments of the economic outlook
 2005/3  24 September 2005 Errors and omissions in the balance of payments
 2005/3  24 September 2005 National accounts - chain-linking and revision for 1990-2003
 2005/2  23 June 2005  Financial market analysts' assessments of the economic outlook
 2005/2  23 June 2005  Changed method of calculating mortgage interest cost in the housing component of the CPI
 2005/2  23 June 2005 The status of aluminium and hydropower sector investments
 2005/2  23 June 2005  The US current account deficit
 2005/1  22 March 2005 Domestic currency and swap markets
 2005/1  22 March 2005 Foreign exchange market highlights 2004
 2005/1  22 March 2005 Financial market analysts' assessments of the economic outlook
 2005/1  22 March 2005 Budgetary effect of the boom
 2005/1  22 March 2005 The aluminium industry investment projects
 2004/4  21 December 2004 Foreign exchange market activity
 2004/4  21 December 2004 Central Bank regulatory changes and market measures and their impact on liquidity since January 2003
 2004/4  21 December 2004 Financial market analysts' assessments of the economic outlook
 2004/4  21 December 2004 Balance on income
 2004/4  21  December 2004  Revised plans for smelter and power station construction
 2004/4  21 December 2004  The impact of the banks' new mortgage loans on private consumption
 2004/4  21  December 2004 Main changes in the housing market in 2004
 2004/3  20 September 2004 Sound practices in foreign currency liquidity management
 2004/3  20 September 2004 Household debt and the planned extension of public housing finance
 2004/3  20 September 2004  An international comparison of household debt
 2004/3  20 September 2004 The macroeconomic impact of oil prices
 2004/3  20 September 2004  Financial market analysts' assessments of the economic outlook
 2004/3  20 September 2004 The impact on the CPI of changes in the housing finance market
 2004/2  19 June 2004 Financial market analysts' assessments of the economic outlook
 2004/2  19 June 2004 Aluminium and power sector investments
 2004/2  19  June 2004 Labour market statistics: a discrepancy or a question of definitions?
 2004/2  19 June 2004 The economic impact in Iceland of changes in foreign interest rates
 2004/1  18 March 2004 Inflation and the evolution of inflation targeting
 2004/1  18 March 2004 Credit ratings agencies' reports on the Icelandic financial system in 2003
 2004/1  18 March 2004 Reclassification of lending and marketable securities
 2004/1  18 March 2004 Foreign exchange market highlights 2003
 2004/1  18 March 2004 Liquidity forecast model
 2004/1  18 March 2004 The economic impact of the east Iceland aluminium and hydropower projects
 2004/1  18 March 2004 Financial market analysts' assessments of the economic outlook
 2004/1  18 March 2004  Wage settlements
 2003/4  17 November 2003 Changes to housing finance arrangements and their impact on financial stability
 2003/4  17 November 2003 Financial Soundness Indicators
 2003/4  17 November 2003 Iceland - Financial System Stability Assessment
 2003/4  17 November 2003 The housing component of the CPI and monetary policy
 2003/4  17 November 2003 Financial market analysts' assessments of the economic outlook
 2003/4  17 November 2003 Investment in the aluminium industry
 2003/4  17  November 2003 Survey of Iceland business assessment
 2003/4  17 November 2003 The housing component of the CPI
 2003/3  16 August 2003 Financial market analysts' assessments of the economic outlook
 2003/3  16 August 2003 The position and outlook in the fisheries sector - what is the explanation for poorer profitability?
 2003/2  15 May 2003 Supervisory Guidance for Managing Settlement Risk in Foreign Exchange Transactions
 2003/2  15 May 2003  Types of foreign exchange transaction risk 
 2003/2  15 May 2003 Credit ratings
 2003/2  15 May 2003 Changes in ownership of financial companies
 2003/2  15 May 2003 The impact of interest rate changes, inflation and exchange rate changes on household and business finances
 2003/2  15 May 2003 IMF Global Financial Stability Report
 2003/2  15 May 2003 Robust growth in Housing Financing Fund lending 
 2003/2  15 May 2003 Financial market analysts' assessments of the economic outlook
 2003/2  15 May 2003 The economic cycle and public sector finances over the past decade
 2003/2  15 May 2003 Survey of Icelandic business assessment
 2003/2  15 May 2003 The global economic situation and prospects and their impact on the Icelandic economy
 2003/1  14 February 2003 Empirical evaluation of the effect of Central Bank interventions on the exchange rate of the króna 1998-2001
 2003/1  14 February 2003 Central Bank interventions in the foreign exchange market in the build up to and wake of the changed monetary policy framework in March 2001
 2003/1  14 February 2003 Special foreign exchange trades by the Central Bank of Iceland in 2001 and the preannounced program to buy back foreign currency in 2002-2003
 2003/1  14 February 2003 The Central Bank of Sweden's procedures on foreign exchange market interventions
 2003/1  14 February 2003 The effects of foreign exchange interventions on banking system's balance sheets
 2003/1  14 February 2003 Foreign exchange market highlights 2002
 2003/1  14 February 2003 Deflation
 2003/1  14 February 2003 Survey of finance market analysts' assessments of the economic outlook
 2003/1  14 February 2003 Forecasting errors in Central Bank inflation forecasts
 2002/4  13 November 2002 Pension funds' evaluation principles in their monthly reports
 2002/4  13 November 2002 CPSS-IOSCO Technical Committee Recommendations for Securities Settlement Systems
 2002/4  13 November 2002 Risks in securities settlement systems
 2002/4  13 November 2002 Loan-losses of commercial banks and savings banks
 2002/4  13 November 2002 The short-term relation between changes in policy interest rate and exchange rate
 2002/4  13 November 2002 Finance market analysts' assessments of the economic outlook
 2002/4  13 November 2002 Survey of Icelandic business sentiment
 2002/4  13 November 2002 Different measures of core inflation
 2002/3  12 August 2002 Forward points
 2002/3  12 August 2002 Changes in Central Bank rules
 2002/3  12 August 2002 Base money and the impact of central banks
 2002/3  12 August 2002 Bourses in troubles
 2002/3  12 August 2002 Survey of financial market analysts' assessment of the economic outlook
 2002/2  11 May 2002 Has the public sector kindled household debt accumulation?
 2002/2  11 May 2002 New rules on collateral for securities in repurchase agreements
 2002/2  11 May 2002 Central bank policy decisions using Taylor rules
 2002/2  11 May 2002 Global economic recovery has begun but its sustainability is uncertain
 2002/2  11 May 2002 Survey of analysts' assessment of the economic outlook
 2002/2  11 May 2002 Oil prices
 2002/2  11 May 2002 Revised Consumer Price Index base in March 2002
 2002/1  10 February 2002 Development of the Icelandic bond market
 2002/1  10 February 2002 Foreign exchange market highlights 2001
 2002/1  10 February 2002 Inflation and interest rates in selected countries
 2002/1  10 February 2002 Financing of the current account deficit and other currency outflows since 1998
 2002/1  10 February 2002 Agreements between the Icelandic Federation of Labour (ASÍ) and Confederation of Employers (SA) on a review of wage agreements in 2002, and declarations by the Government of Iceland and Central Bank of Iceland in December 2001
 2002/1  10 February 2002 Forecasting errors in Central Bank and other inflation forecasts
 2001/4   9 November 2001 The effects of Central Bank monetary policy on the economy
 2001/4   9 November 2001 The effects of Central Bank monetary policy on the financial system
 2001/4   9 November 2001 Are credit institutions overdependent on the Central Bank?
 2001/4   9 November 2001 Market upheavals following terrorist attacks
 2001/4   9 November 2001 The equities market
 2001/4   9  November 2001 The relation between interest rates and inflation
 2001/4   9 November 2001 International comparison of short-term real interest rates
 2001/4   9 November 2001 What determines the exchange rate of currencies?
 2001/4   9 November 2001 The global economic outlook
 2001/4   9 November 2001 Equilibrium unemployment and labour market pressures
 2001/3   8 August 2001 The IT industry
 2001/3   8 August 2001 The impact of interbank trading on the foreign exchange balance
 2001/3   8  August 2001  New interest rate legislation
 2001/3   8  August 2001 Wednesday May 2, 2001
 2001/3   8 August 2001  Are there grounds for Iceland to maintain a similar monetary stance to the USA?
 2001/3   8 August 2001 The Central Bank's system for assessing the economic situation and outlook
 2001/3   8 August 2001 The National Economic Institute has lowered its forecast for growth this year
 2001/2   7 May 2001  Proposals for a review of capital adequacy rules
 2001/2   7 May 2001  New type of subordinated loans (Capital supplement)
 2001/2   7 May 2001 Increase in sectoral lending by the credit system, based on constant prices and exchange rates
 2001/2   7 May 2001 Examples of banking crises (financial crises) in the last decade
 2001/2   7 May 2001  Oil and petrol market scenario
 2001/1   6  February 2001 Amendments to legislation on securities trading
 2001/1   6 February 2001 Reading expectations from interest rates
 2001/1   6 February 2001 The impact of monetary policy on the current account
 2001/1   6 February 2001 The relation between the exchange rate, wages and prices
 2001/1   6  February 2001 Forecasting errors in Central Bank and other inflation forecasts
 2000/4   5  November 2000 Transparency and accountability of Bank of England
 2000/4   5  November 2000 Criteria for central bank independence
 2000/4   5 November 2000 Inflation, economic growth and central bank independence
 2000/4   5 November 2000 Overview of Central Bank instruments
 2000/4   5  November 2000  Central Bank interest rate spectrum
 2000/4   5 November 2000 Exchange rate policy
 2000/4   5 November 2000 The development of organised financial markets
 2000/4   5 November 2000 Revised rules for the foreign exchange market
 2000/4   5 November 2000 Iceland's current account deficit in an international context
 2000/4   5  November 2000 Productivity developments in Iceland
 2000/4   5 November 2000 Measuring the output potential of the economy
 2000/4   5  November 2000 Revision of the national accounts
 2000/3   4 August 2000 Good transparency practices for monetary policy by central banks
 2000/3   4 August 2000 The P/E ratio
 2000/3   4 August 2000 Shareholder culture in Iceland
 2000/3   4 August 2000 Equity markets in a global competitive environment and NOREX
 2000/3   4  August 2000 Evolution of the Icelandic equity market 1984-2000
 2000/2   3  May 2000 Revised compilation of current accounts
 2000/2   3 May 2000 The relationship between inflation and output-gap
 2000/1   2 February 2000 Determinants of foreign direct investment
 2000/1   2 February 2000 Definitions of terms
 2000/1   2 February 2000 BIS Principles
 2000/1   2 February 2000 Payment intermediation risks
 2000/1    2  February 2000 The Lamfalussy conditions
 2000/1    2 February 2000 Market worth, quota value and the Q ratio of listed fisheries companies on Iceland Stock Exchange
 2000/1   2 February 2000 New liquidity rules effective from the beginning of the year
 2000/1   2 February 2000 What is the Central Bank of Iceland managing?
 1999/1   1 November 1999  Measures of fiscal result and fiscal stance
 1999/1   1 November 1999  Comparison between the upswings in 1986-1987 and 1998-1999