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  • Monetary Policy
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      • FSN meetings with Parliamentary committees and related reports
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      • Capital buffers
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      • Liquidity and stable funding
      • Restrictions on mortgage lending
      • CBI Stress test
    • Oversight of financial market infrastructures
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        • Valid banknotes in circulation
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    Financial Supervision

    Financial Supervision

    In its annual Financial Supervision report, the Central Bank explains how it carries out its legally mandated tasks in the field of financial supervision. It also provides information to supervised entities concerning key priorities in the current project timetable.

    Financial Supervision is also published in Icelandic under the title Fjármálaeftirlit.


    Informational reports

    Cover of Informational Reports

    As the occasion arises, the Central Bank releases additional reports and special publications on topics related to its operations. Under the category Informational Reports are miscellaneous documents containing information on the Bank’s activities.

    Special Publications

    Cover of Special Publication

     As the occasion arises, the Central Bank releases additional reports and special publications on topics related to its operations. Under the category Special Publications are reports and other in-depth reports.

    Working Papers

    Working PapersThe Bank also issues a range of other reports, including a series of research papers published under the title Working Papers.

    Economic Indicators

    Cover of Economic Indicators

    The Central Bank of Iceland publishes a quarterly summary of economic developments, compendium of statistics, and update on the status of the financial system in its Economic Indicators report. The main focus is on web-based publication. Economic Indicators is also published in Icelandic under the title Hagvísar Seðlabanka Íslands.

    Financial Stability

    Financial StabilityThe Bank’s semi-annual Financial Stability report presents an overview of the position of the financial system, its strengths and potential weaknesses, and the macroeconomic and operational risks it may face. In addition, it explains how the Central Bank carries out the tasks necessary for the operation of a sound and effective financial system. Financial Stability is also published in Icelandic under the title Fjármálastöðugleiki.

    Economy of Iceland

    Economy of IcelandEconomy of Iceland is a triennial booklet that has been issued by the Bank since 1987. It is intended mainly for an international readership. This includes international institutions that deal with Icelandic economic matters on a regular basis, rating agencies, financial institutions, foreign investors, embassies and diplomatic missions and, more generally, anyone who is interested in general information about the Icelandic economy.

    Economic Affairs

    Cover of Economic AffairsThe individual authors’ papers previously included in each issue of Monetary Bulletin are now issued in a separate web-based publication entitled Economic Affairs. The papers are issued in Icelandic as part of the series Efnahagsmál. Articles published in Economic Affairs are compiled in a printed anthology at the end of each calendar year.

    Annual Report

    Annual ReportThe Central Bank’s Annual Report is usually published each March or April. The Annual Report contains a summary of various aspects of economic affairs, particularly those falling under the Bank’s purview. It also summarises the Bank’s activities. The Annual Report is published in both Icelandic and English. In order to view PDF documents, you need Acrobat Reader.

    Monetary Bulletin

    Monetary Bulletin

    Monetary Bulletin is published four times a year. In early May and early November, it contains an inflation and macroeconomic forecast, together with an in-depth analysis of economic and monetary developments and prospects. The February and August issues include updated inflation and macroeconomic forecasts and an abbreviated report on economic and monetary developments and outlook. Monetary Bulletin is also issued in Icelandic under the title Peningamál.

    Index by heading

    22 December 2022

    Economic Indicators 22 December 2022

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    21 December 2022

    Working paper no. 90: What a difference a decade makes: survey evidence from Icelandic firms

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    23 November 2022

    Monetary Bulletin 2022/4

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    01 November 2022

    Working Paper no. 89: Mapping educational disparities in life-cycle consumption

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    12 October 2022

    Economy of Iceland 2022

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    30 September 2022

    Economic Indicators 30 September 2022

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    28 September 2022

    Financial Stability 2022/2

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    24 August 2022

    Monetary Bulletin 2022/3

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    16 August 2022

    Supervisory Strategy

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    11 July 2022

    Sustainability Report 2021

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    30 June 2022

    Economic Indicators 30 June 2022

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    04 May 2022

    Monetary Bulletin 2022/2

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    01 April 2022

    Economic Indicators 1 April 2022

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    31 March 2022

    Annual Report 2021

    More
    16 March 2022

    Financial Stability 2022/1

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    10 March 2022

    Financial Supervision 2022

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    09 February 2022

    Monetary Bulletin 2022/1

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    19 January 2022

    Working Paper no. 88: Analysing inflation dynamics in Iceland using a Bayesian structural vector autoregression model

    More
    21 December 2021

    Economic Indicators 21 December 2021

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    17 November 2021

    Monetary Bulletin 2021/4

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    07 October 2021

    Economic Indicators 7 October 2021

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    29 September 2021

    Financial Stability 2021/2

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    06 September 2021

    Working Paper no. 87: Wages and prices of foreign goods in the inflationary process in Iceland

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    27 August 2021

    Financial Supervision

    More
    25 August 2021

    Monetary Bulletin 2021/3

    More
    30 June 2021

    Economic Indicators 30 June 2021

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    25 June 2021

    Working Paper no. 86: The currency that came in from the cold: Capital controls and the information content of order flow

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    19 May 2021

    Monetary Bulletin 2021/2

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    03 May 2021

    Special Publication 14: Iceland’s balance of payments and international investment position

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    14 April 2021

    Financial Stability 2021/1

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    07 April 2021

    Annual Report 2020

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    26 March 2021

    Economic Indicators 26 March 2021

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    04 March 2021

    Working paper no. 85: Exchange rate pass-through, monetary policy, and real exchange rates: Iceland and the 2008 crisis

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    03 February 2021

    Monetary Bulletin 2021/1

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    22 December 2020

    Economic Indicators 22 December 2020

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    03 December 2020

    Working Paper No. 84: DYNIMO - Version III. A DSGE model of the Icelandic economy

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    18 November 2020

    Monetary Bulletin 2020/4

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    30 September 2020

    Economic Indicators 30 September 2020

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    23 September 2020

    Financial Stability 2020/2

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    26 August 2020

    Monetary Bulletin 2020/3

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    01 July 2020

    Financial Stability 2020/1

    More
    26 June 2020

    Economic Indicators 26 June 2020

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    20 May 2020

    Monetary Bulletin 2020/2

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    05 May 2020

    Working Paper no. 83: Volatility of national account data for Iceland and other OECD countries

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    27 March 2020

    Economic Indicators 27 March 2020

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    27 March 2020

    Annual Report 2019

    More
    05 February 2020

    Monetary Bulletin 2020/1

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    20 December 2019

    Economic Indicators 20 December 2019

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    19 December 2019

    Working paper no. 82: A Quarterly Macroeconomic Model of the Icelandic Economy Version 4.0

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    06 November 2019

    Monetary Bulletin 2019/4

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    09 October 2019

    Financial Stability 2019/2

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    27 September 2019

    Economic Indicators 27 September 2019

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    28 August 2019

    Monetary Bulletin 2019/3

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    23 August 2019

    Working Paper no. 81: Long-term inflation expectations and inflation dynamics

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    28 June 2019

    Economic Indicators 28 June 2019

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    22 May 2019

    Monetary Bulletin 2019/2

    More
    04 April 2019

    Financial Stability 2019/1

    More
    02 April 2019

    Financial Stability 2019/1 will be published on 4 April 2019

    More
    01 April 2019

    Working Paper No. 80: Financial cycles in the Nordic countries

    More
    29 March 2019

    Economic Indicators 29 March 2019

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    28 March 2019

    Annual Report 2018

    More
    27 March 2019

    Working Paper No. 79: The Central Bank of Iceland's Liquidity Management System

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    06 February 2019

    Monetary Bulletin 2019/1

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    21 December 2018

    Economic Indicators 21 December 2018

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    07 November 2018

    Monetary Bulletin 2018/4

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    23 October 2018

    Financial Stability 2018/2

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    15 October 2018

    Special publication no. 13: Retail payment intermediation - Abstract

    More
    15 October 2018

    Special publication no. 12: Rafkróna - Interim report

    More
    05 October 2018

    Economy of Iceland 2018

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    28 September 2018

    Economic Indicators 28 September 2018

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    29 August 2018

    Monetary Bulletin 2018/3

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    27 August 2018

    Working Paper No. 78: The common component of the CPI: A trendy measure of Icelandic underlying inflation

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    29 June 2018

    Economic Indicators 29 June 2018

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    16 May 2018

    Monetary Bulletin 2018/2

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    12 April 2018

    Financial Stability 2018/1

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    05 April 2018

    Annual Report 2017

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    28 March 2018

    Economic Indicators 28 March 2018

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    09 March 2018

    Working Paper no. 77: Disinflation and improved anchoring of long-term inflation expectations: The Icelandic experience

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    27 February 2018

    Working paper no. 76: The effects of Airbnb on the residential housing market

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    07 February 2018

    Monetary Bulletin 2018/1

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    22 December 2017

    Economic Indicators 22 December 2017

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    15 November 2017

    Monetary Bulletin 2017/4

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    18 October 2017

    Financial Stability 2017/2

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    29 September 2017

    Economic Indicators 29 September 2017

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    28 September 2017

    Working Paper no. 75: The Central Bank of Iceland's approach to stress testing the Icelandic banking system

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    20 September 2017

    Special Publication no. 11: Monetary policy based on inflation targeting: Iceland's experience since 2001 and post-crisis changes

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    23 August 2017

    Monetary Bulletin 2017/3

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    30 June 2017

    Economic Indicators 30 June 2017

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    17 May 2017

    Monetary Bulletin 2017/2

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    06 April 2017

    Financial Stability 2017/1

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    30 March 2017

    Annual Report 2016

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    29 March 2017

    Economic Indicators 29 March 2017

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    08 February 2017

    Monetary Bulletin 2017/1

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    22 December 2016

    Economic Indicators 22 December 2016

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    06 December 2016

    Working Paper no. 74: Estimating the Natural Interest Rate for Iceland: An Exploratory Study

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    16 November 2016

    Monetary Bulletin 2016/4

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    13 October 2016

    Economy of Iceland 2016

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    12 October 2016

    Financial Stability 2016/2

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    04 October 2016

    Working Paper no. 73: Small open economies in the vast ocean of global high finance

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    30 September 2016

    Economic Indicators 30 September 2016

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    24 August 2016

    Monetary Bulletin 2016/3

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    10 August 2016

    Working Paper no. 72: The long history of financial boom-bust cycles in Iceland - Part II: Financial cycles

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    29 June 2016

    Economic Indicators 29 June 2016

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    11 May 2016

    Monetary Bulletin 2016/2

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    20 April 2016

    Financial Stability 2016/1

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    31 March 2016

    Economic Indicators 31 March 2016

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    17 March 2016

    Annual Report 2015

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    11 February 2016

    Monetary Bulletin 2016/1

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    24 December 2015

    Economic Indicators 22 December 2015

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    01 December 2015

    Working Paper no. 71: QMM: A Quarterly Macroeconomic Model of the Icelandic Economy

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    05 November 2015

    Monetary Bulletin 2015/4

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    01 November 2015

    Working Paper no. 70: Do interest rates affect the exchange rate under capital controls?

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    16 October 2015

    Financial Stability 2015/2

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    25 September 2015

    Economic Indicators 25 September 2015

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    20 August 2015

    Monetary Bulletin 2015/3

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    12 August 2015

    Working Paper no. 69: The Ins and Outs of Icelandic Unemployment

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    10 August 2015

    Working Paper no. 68: The long history of financial boom-bust cycles in Iceland - Part I: Financial crises

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    29 July 2015

    Financial Stability 2015/1

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    26 June 2015

    Economic Indicators 26 June 2015

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    14 May 2015

    Monetary Bulletin 2015/2

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    27 March 2015

    Economic Indicators 27. March 2015

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    27 March 2015

    Annual Report 2014

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    04 February 2015

    Monetary Bulletin 2015/1

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    27 January 2015

    Informational Report volume 1: Market expectations survey

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    19 December 2014

    Economic Indicators 19 December 2014

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    29 November 2014

    Working Paper No. 66: Icelandic boom and bust: Immigration and the housing market

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    29 November 2014

    Working Paper No. 67: A Dynamic Factor Model for Icelandic Core Inflation

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    06 November 2014

    Monetary Bulletin 2014/4

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    03 November 2014

    Financial Stability 2014/2

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    15 October 2014

    Informational Report no. 5: New standards for statistics on the balance of payments and international investment position

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    26 September 2014

    Economic Indicators 26 September 2014

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    20 September 2014

    Economy of Iceland 2014

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    29 August 2014

    Working Paper No. 65: Should Icelandic pension funds hedge currency risk in their foreign investments?

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    21 August 2014

    Monetary Bulletin 2014/3

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    27 June 2014

    Economic Indicators 27 June 2014

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    21 May 2014

    Monetary Bulletin 2014/2

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    02 April 2014

    Financial Stability 2014/1

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    28 March 2014

    Economic Indicators 28 March 2014

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    28 March 2014

    Annual Report 2013

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    13 February 2014

    Monetary Bulletin 2014/1

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    31 January 2014

    Economic Indicators 31 January 2014

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    29 January 2014

    Economic Affairs No. 6: Indexation 101

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    20 December 2013

    Economic Indicators 20 December 2013

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    01 November 2013

    Monetary Bulletin 2013/4

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    29 October 2013

    Financial Stability 2013/2

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    25 October 2013

    Economic Indicators 25 October 2013

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    30 August 2013

    Economic Indicators 30 August 2013

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    22 August 2013

    Monetary Bulletin 2013/3

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    29 July 2013

    Working Paper No. 64: How "natural" is the natural rate? Unemployment hysteresis in Iceland

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    28 June 2013

    Economic Indicators 28 June 2013

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    01 May 2013

    Monetary Bulletin 2013/2

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    30 April 2013

    Economic Indicators 30 April 2013

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    30 March 2013

    Annual Report 2012

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    29 March 2013

    Financial Stability 2013/1

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    29 March 2013

    Working Paper no. 62: The Icelandic banking collapse: was the optimal policy path chosen?

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    29 March 2013

    Working Paper no. 63: On our own? The Icelandic business cycle in an international context

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    19 March 2013

    Special Publication no. 9: Iceland's underlying external position and balance of payments

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    28 February 2013

    Economic Indicators 28 February 2013

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    27 February 2013

    Working Paper no. 61: Capital Investment and Equilibrium Unemployment

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    01 February 2013

    Monetary Bulletin 2013/1

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    29 January 2013

    Working Paper no. 60: The production and export structure of the Icelandic economy: An international comparison

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    21 December 2012

    Economic Indicators 21 December 2012

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    30 November 2012

    Economic Indicators 30 November 2012

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    01 November 2012

    Monetary Bulletin 2012/4

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    29 October 2012

    Financial Stability 2012/2

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    17 October 2012

    Special Publication no. 8: Financial Stability: The Role of the Central Bank of Iceland

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    05 October 2012

    Economy of Iceland 2012

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    28 September 2012

    Economic Indicators 28 September 2012

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    28 September 2012

    Special Publication no. 7: Iceland's currency and exchange rate policy options

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    31 August 2012

    Economic Indicators 31 August 2012

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    29 August 2012

    Special Publication no. 6: Prudential rules following capital controls.

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    01 August 2012

    Monetary Bulletin 2012/3

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    29 June 2012

    Economic Indicators 29 June 2012

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    29 June 2012

    Working Paper no. 59: Households' position in the financial crisis in Iceland

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    29 May 2012

    Working Paper no. 58: Mandatory pension savings, private savings, homeownership, and financial stability

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    01 May 2012

    Monetary Bulletin 2012/2

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    27 April 2012

    Economic Indicators 27 April 2012

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    30 March 2012

    Economic Indicators 30 March 2012

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    30 March 2012

    Annual Report 2011

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    29 March 2012

    Financial Stability 2012/1

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    24 February 2012

    Economic Indicators 24 February 2012

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    01 February 2012

    Monetary Bulletin 2012/1

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    29 January 2012

    Working Paper no. 57: A Variance Decomposition of Index-Linked Bond Returns

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    27 January 2012

    Economic Indicators 27 January 2012

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    29 December 2011

    Working Paper no. 56: Unemployment Dynamics and Cyclical Fluctuations in the Icelandic Labour Market

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    22 December 2011

    Economic Indicators 22. December 2011

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    28 November 2011

    Economic Indicators 28. November 2011

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    01 November 2011

    Monetary Bulletin 2011/4

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    29 October 2011

    Financial Stability 2011/2

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    29 September 2011

    Economic Indicators 29. September 2011

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    29 August 2011

    Working Paper no. 55: Evidence of Nominal Wage Rigidity and Wage Setting from Icelandic Microdata

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    25 August 2011

    Economic Indicators 25. August 2011

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    01 August 2011

    Monetary Bulletin 2011/3

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    29 July 2011

    Working Paper no. 54: Price setting in turbulent times: Survey evidence from Icelandic firms

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    29 July 2011

    Economic Affairs No. 4: What does Iceland owe?

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    30 June 2011

    Economic Indicators 30. June 2011

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    29 June 2011

    Working Paper no. 53: Exchange rate policy in small rich economies

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    26 May 2011

    Economic Indicators 26. May 2011

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    01 April 2011

    Monetary Bulletin 2011/2

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    30 March 2011

    Annual Report 2010

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    29 March 2011

    Economic Indicators 29. March 2011

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    29 March 2011

    Financial Stability 2011/1

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    24 February 2011

    Economic Indicators 24. February 2011

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    01 February 2011

    Monetary Bulletin 2011/1

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    27 January 2011

    Economic Indicators 27. January 2011

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    22 December 2010

    Economic Indicators 22. December 2010

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    21 December 2010

    Special Publication no. 4: Monetary policy in Iceland after capital controls

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    26 November 2010

    Economic Indicators 26. November 2010

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    25 November 2010

    Financial Stability 2010/2

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    01 November 2010

    Monetary Bulletin 2010/4

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    29 October 2010

    Working Paper no. 52: Longevity, Growth and Intergenerational Equity - The Deterministic Case

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    29 October 2010

    Working Paper no. 51: Weathering the financial storm: The importance of fundamentals and flexibility

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    07 October 2010

    Economy of Iceland 2010

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    30 September 2010

    Economic Indicators 30. September 2010

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    29 September 2010

    Working Paper no. 50: A DSGE model for Iceland

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    26 August 2010

    Economic Indicators 26. August 2010

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    01 August 2010

    Monetary Bulletin 2010/3

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    29 July 2010

    Working Paper no. 48: New Perspectives on Depreciation Shocks as a Source of Business Cycle Fluctuations

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    29 July 2010

    Working Paper no. 49: Investment-specific technology shocks and consumption

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    29 June 2010

    Economic Indicators 29. June 2010

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    02 June 2010

    Financial Stability 2010/1

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    27 May 2010

    Economic Indicators 27. May 2010

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    01 May 2010

    Monetary Bulletin 2010/2

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    30 March 2010

    Annual Report 2009

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    25 March 2010

    Economic Indicators 25. March 2010

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    25 February 2010

    Economic Indicators 25. February 2010

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    29 January 2010

    Economic Indicators 29. January 2010

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    01 January 2010

    Monetary Bulletin 2010/1

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    22 December 2009

    Economic Indicators 22. December 2009

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    29 November 2009

    Working Paper no. 44: QMM: A steady state version

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    29 November 2009

    Working Paper no. 46: Employment and Asset Prices

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    29 November 2009

    Working Paper no. 45: Survey Evidence on Customer Markets

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    29 November 2009

    Working Paper no. 47: A double-edged sword: High interest rates in capital-control regimes

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    26 November 2009

    Economic Indicators 26. November 2009

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    01 November 2009

    Monetary Bulletin 2009/4

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    29 October 2009

    Economic Indicators 29. October 2009

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    29 October 2009

    Working Paper no. 43: Does inflation targeting lead to excessive exchange rate volatility?

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    28 September 2009

    Economic Indicators 28. September 2009

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    27 August 2009

    Economic Indicators 27. August 2009

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    01 August 2009

    Monetary Bulletin 2009/3

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    29 July 2009

    Financial Stability 2009

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    29 July 2009

    Working Paper no. 42: Inflation control around the world: Why are some countries more successful than others?

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    29 July 2009

    Economic Affairs No. 1: Indexation and monetary policy

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    29 June 2009

    Economic Indicators 29. June 2009

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    28 May 2009

    Economic Indicators 28. May 2009

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    01 May 2009

    Monetary Bulletin 2009/2

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    30 April 2009

    Economic Indicators 30. April 2009

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    30 March 2009

    Annual Report 2008

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    26 March 2009

    Economic Indicators 26. March 2009

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    27 February 2009

    Working Paper no. 41 QMM A Quarterly Macroeconomic Model of the Icelandic Economy

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    26 February 2009

    Economic Indicators 26. February 2009

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    29 January 2009

    Economic Indicators 29. January 2009

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    01 January 2009

    Monetary Bulletin 2009/1

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    22 December 2008

    Economic Indicators 22. December 2008

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    27 November 2008

    Economic Indicators 27. November 2008

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    01 November 2008

    Monetary Bulletin 2008/3

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    27 October 2008

    Economic Indicators 27. October 2008

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    25 September 2008

    Economic Indicators 25. September 2008

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    29 August 2008

    Working Paper no. 40: How hard can it be? Inflation control around the world

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    28 August 2008

    Economic Indicators 28. August 2008

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    29 July 2008

    Financial Stability 2008

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    01 July 2008

    Monetary Bulletin 2008/2

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    26 June 2008

    Economic Indicators 26. June 2008

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    29 May 2008

    Working Paper no. 38: The great moderation Icelandic style

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    29 May 2008

    Working Paper no. 39: Accuracy in forecasting macroeconomic variables in Iceland

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    22 May 2008

    Economic Indicators 22. May 2008

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    23 April 2008

    Economic Indicators 23. April 2008

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    01 April 2008

    Monetary Bulletin 2008/1

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    30 March 2008

    Annual Report 2007

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    27 March 2008

    Economic Indicators 27. March 2008

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    28 February 2008

    Economic Indicators 28. February 2008

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    24 January 2008

    Economic Indicators 24. January 2008

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    29 December 2007

    Working Paper no. 37: Asymmetric Labor Market Institutions in the EMU: positive and negative implications

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    29 December 2007

    Economy of Iceland: 2007 and older

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    20 December 2007

    Economic Indicators 20. December 2007

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    22 November 2007

    Economic Indicators 22. November 2007

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    01 November 2007

    Monetary Bulletin 2007/3

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    25 October 2007

    Economic Indicators 25. October 2007

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    29 September 2007

    Working Paper no. 36: Forecasting the Icelandic business cycle using vector autoregressive models

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    27 September 2007

    Economic Indicators 27. September 2007

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    30 August 2007

    Economic Indicators 30. August 2007

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    29 July 2007

    Financial Stability 2007

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    01 July 2007

    Monetary Bulletin 2007/2

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    28 June 2007

    Economic Indicators 28. June 2007

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    Working Paper no. 35: Computational Efficiency in Bayesian Model and Variable Selection

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    Working Paper no. 34: An Embarrassment of Riches: Forecasting Using Large Panels

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    Annual Report 2006

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    Monetary Bulletin 2007/1

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    Working Paper no. 33: Predicting recessions with leading indicators: An application on the Icelandic economy

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    Monetary Bulletin 2006/3

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    Working Paper no. 31: The New Keynesian Phillips Curve: In Search of Improvements and Adaptation to the Open Economy

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    Working Paper no. 30: Simple efficient policy rules and inflation control in Iceland

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    Monetary Bulletin 2006/2

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    Working Paper no. 29: The residential housing market in Iceland: Analysing the effects of the recent mortgage market restructuring

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    Working Paper no. 21: Bank Intermediation and Persistent Liquidity Effects in the Presence of a Frictionless Bond Market

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    29 November 2002

    Working Paper no. 18: Small open economy model with domestic resource shocks: Monetary union vs. floating exchange rate

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    Working Paper no. 19: Regional business cycles and the natural rate of unemployment

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    29 November 2002

    Working Paper no. 20: Renewable resources in an endogenously growing economy: Balanced growth and transitional dynamics

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    Monetary Bulletin 2002/4

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    Working Paper no. 16: Wage and price formation in a small open economy: Evidence from Iceland

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    Working Paper no. 17: Inflation and unemployment in Iceland in the light of natural-rate theory

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    Monetary Bulletin 2002/1

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    29 November 2001

    Working Paper no. 14: The transmission mechanism of monetary policy: Analysing the financial market pass-through

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    29 November 2001

    Working Paper no. 15: Monetary and exchange rate policy in small open economies: the case of Iceland

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    05 November 2001

    Monetary Bulletin 2001/4

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    Working Paper no. 13: Calculation of flows and disaggregation of accumulated values

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    Monetary Bulletin 2001/3

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    Working Paper no. 12: The representative household's demand for money in a cointegrated VAR model

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    29 December 2000

    Working Paper no. 11: Optimal monetary policy in an economy with inflation persistence

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    05 November 2000

    Monetary Bulletin 2000/4

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    29 August 2000

    Working Paper no. 10: Is Iceland an Optimal Currency Area?

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    03 August 2000

    Monetary Bulletin 2000/3

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    29 May 2000

    Working Paper no. 8: Optimal exchange rate policy: The case of Iceland

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    29 May 2000

    Working Paper no. 9: Financial stability and the Macroeconomy

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    03 May 2000

    Monetary Bulletin 2000/2

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    Working Paper no. 7: Business cycle forecasting and regime switching

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    Monetary Bulletin 2000/1

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    Working Paper no. 6: Prospects of Icelandic pension funds

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    01 November 1999

    Monetary Bulletin 1999

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    29 October 1999

    Working Paper no. 5: Financial indexation and interest rate policy in Iceland

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    29 May 1999

    Working Paper no. 4: Small states on the fringes of big currency areas: Experiences and the policy options of small non-EU European states

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    29 March 1999

    Working Paper no. 3: EMU and the Icelandic labour market

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    29 June 1998

    Working Paper no. 2: A model of inflation with variable time lags

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    29 January 1998

    Working Paper no. 1: Inflation and disinflation in Iceland

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