Michaela Elfsbacka-Schmöller

Bank of Finland

P.O. Box 160

Helsinki 00101

Finland

SCHOLARLY PAPERS

8

DOWNLOADS

537

SSRN CITATIONS

8

CROSSREF CITATIONS

0

Scholarly Papers (8)

1.

Review of Macroeconomic Modelling in the Eurosystem: Current Practices and Scope for Improvement

ECB Occasional Paper No. 2021267
Number of pages: 193 Posted: 23 Sep 2021 Last Revised: 22 Mar 2023
European Central Bank (ECB), Bank of Italy, Bank of Finland - Research, Central Bank of Cyprus, European Central Bank (ECB) - Directorate General Research, Banque de France, National Bank of Belgium, Banque de France, European Central Bank (ECB), Central Bank of Ireland, De Nederlandsche Bank - Monetary and Economic Policy Department, European Central Bank (ECB), European Central Bank (ECB), Banque de France, European Central Bank (ECB), European Central Bank, European Central Bank (ECB), European Central Bank, European Central BankECB, Bank of Italy, Bank of Italy, Bank of Finland, Bank of Slovenia, De Nederlandsche Bank - Research Department, National Bank of Belgium, European Central Bank (ECB), Banque de France, Bank of Finland, European Central Bank (ECB), Bank of Finland - Research, Deutsche Bundesbank, Deutsche Bundesbank - Economics Department, Banco de España, European Central Bank (ECB), Bank of Portugal and Université Paris I Panthéon-Sorbonne
Downloads 244 (224,045)
Citation 5

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central banking., econometric modelling, forecasting and simulation, monetary policy

2.

Endogenous TFP, Business Cycle Persistence and the Productivity Slowdown in the Euro Area

ECB Working Paper No. 20202401
Number of pages: 38 Posted: 07 May 2020
Martin Spitzer and Michaela Elfsbacka-Schmöller
European Central Bank (ECB) and Bank of Finland
Downloads 63 (616,807)
Citation 1

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endogenous productivity, euro area business cycles, low inflation, weak growth

3.
Downloads 58 (642,562)
Citation 1

Lower for Longer Under Endogenous Technology Growth

Bank of Finland Research Discussion Paper No. 6/2022
Number of pages: 52 Posted: 01 Apr 2022 Last Revised: 02 Apr 2022
Michaela Elfsbacka-Schmöller and Martin Spitzer
Bank of Finland and European Central Bank (ECB)
Downloads 36 (802,796)
Citation 1

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Make-up Strategies, ZLB, Endogenous TFP, Hysteresis, Cycle-Trend Interaction

Lower for Longer Under Endogenous Technology Growth

ECB Working Paper No. 2022/2714
Number of pages: 53 Posted: 19 Aug 2022
Michaela Elfsbacka-Schmöller and Martin Spitzer
Bank of Finland and European Central Bank (ECB)
Downloads 22 (927,504)

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cycle-trend interaction, endogenous TFP, hysteresis, make-up strategies, ZLB

4.

Endogenous Technology, Scarring and Fiscal Policy

Bank of Finland Research Discussion Paper No. 13/2022
Number of pages: 43 Posted: 06 Feb 2023
Michaela Elfsbacka-Schmöller
Bank of Finland
Downloads 46 (712,363)

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Fiscal Multiplier, Hysteresis, Endogenous Growth, Inflation, Monetary-Fiscal Interaction

5.

Challenges for Monetary and Fiscal Policy Interactions in the Post-Pandemic Era

ECB Occasional Paper No. 2024/337
Number of pages: 114 Posted: 05 Feb 2024
De Nederlandsche Bank, European Central Bank (ECB), Bank of Portugal, Banque de France, European Central Bank (ECB), Bank of Latvia, Bank of Portugal, European Central Bank (ECB), Banco de España, Bank of Finland, European Central Bank (ECB), Banco de España, Kiel Institute for the World Economy, Banque de France, De Nederlandsche Bank, Bank of Finland, Deutsche Bundesbank - Research Centre, Croatian National Bank, Bank of Italy, Bank of Greece, Central Bank of Ireland, Česká národní banka, Central Bank of Ireland, Bank of Greece, National Bank of Slovakia, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, European Central Bank (ECB), European Central Bank (ECB), Warsaw School of Economics (SGH), Banco de España, Warsaw School of Economics (SGH), Banco de España, Sapienza University of Rome and Geneva Graduate Institute
Downloads 41 (745,404)

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fiscal policy, monetary policy, public investment

6.

Stagnant Wages, Sectoral Misallocation and Slowing Productivity Growth

Bank of Finland Research Discussion Paper No. 8/2019
Number of pages: 36 Posted: 09 May 2019
Michaela Elfsbacka-Schmöller
Bank of Finland
Downloads 38 (766,545)

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Subdued Wage Growth, Productivity Slowdown, Misallocation, Endogenous Productivity Dynamics, Labor Market Policies

7.

Endogenous TFP, Business Cycle Persistence and the Productivity Slowdown

Bank of Finland Research Discussion Paper No. 21/2019
Number of pages: 39 Posted: 11 May 2021 Last Revised: 18 Nov 2021
Michaela Elfsbacka-Schmöller and Martin Spitzer
Bank of Finland and European Central Bank (ECB)
Downloads 28 (845,079)

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Endogenous Productivity, Euro Area Business Cycles, Weak Growth, Low Inflation

Price Stability and Debt Sustainability Under Endogenous Trend Growth

Bank of Finland Research Discussion Paper No. 2/2024
Number of pages: 55 Posted: 29 Jan 2024
Michaela Elfsbacka-Schmöller and Nigel McClung
Bank of Finland and Bank of Finland
Downloads 10 (1,054,244)

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Price Stability and Debt Sustainability under Endogenous Trend Growth

Number of pages: 52 Posted: 28 Dec 2023 Last Revised: 23 Jan 2024
Michaela Elfsbacka-Schmöller and Nigel McClung
Bank of Finland and Bank of Finland
Downloads 9 (1,064,261)

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Public Debt, Inflation, Monetary-Fiscal Interaction, Fiscal Theory of the Price Level, Endogenous Growth