Annika Alexius

Stockholm University
Department of Economics
SE-106 91 Stockholm

+46 8 16 30 47




Short presentation

My PhD is formally from the Stockholm School of Economics (1997) but in practice I was at the Riksbank between 1992 and 2000. I came to the Department of Economics at Stockholm University in 2008 after six years as a researcher at Uppsala University.

Research interests

  • Empirical macroeconomics
  • Monetary policy
  • International Finance

Current teaching

  • Monetary Policy
  • Empirical Macroeconomics

Selected publications

"Stocks and GDP in the long run", Annika Alexius and Daniel Spång, Journal of Applied Finance & Banking, vol.8, no.4, 2018, 107-127.

Alexius, Annika & Birenstam, Helene & Eklund, Johanna, 2014. "The interbank market risk premium, central bank interventions, and measures of market liquidity," Journal of International Money and Finance, Elsevier, vol. 48(PA), pages 202-217.

"Exchange Rates and Long‐Term Bonds", The Scandinavian Journal of Economics, Vol. 114, Issue 3, pp. 974-990, 2012, with Peter Sellin

"Monetary policy and Swedish unemployment fluctuations", Economics - The Open-Access Open-Assessment E-Journal 2008, (with Bertil Holmlund)

"Exchange rates and asymmetric shocks in small open economies", Empirical Economics 2008, (with Erik Post).

"Production Function Residuals, VAR Technology Shocks, and Hours Worked: Evidence From Industry Data", Economics Letters 96, 259-263, 2007 (with Mikael Carlsson)

"Measures of technology and the business cycle", Review of Economics and Statistics 87, 2005, 229-307, with Mikael Carlsson

"Productitvity shocks and real exchange rates", Journal of Monetary Economics 52, 2005, 555-566.

"Uncovered interest rate parity revisited", Review of International Economics 9, 2001, pp 505-517.

"Sources of real exchange rate fluctuations in the Nordic countries", Scandinavian Journal of Economics 103, 2001, pp 317-331.

"Real exchange rates and fundamentals - evidence from 15 OECD countries", Open Economies Review 11, pp 383-397, 2000. With Jonny Nilsson.

"Pricing to market in Swedish Exports", Scandinavian Journal of Economics 101, 1999, pp 223-239. With Anders Vredin.

"Inflation rules with consistent escape clauses", European Economic Review 43, 1999, pp 509-523.

"A latent factor model of European exchange rate risk premia", International Journal of Finance and Economics 4, 1999, pp 217-227. With Peter Sellin.

"Nominal exchange rates and import prices in Sweden", Finnish Economic Papers 10, 1997, pp 99-107.

"Strukturell sparandebrist - ett långvarigt problem i svensk ekonomi", Penning- och Valutapolitik 1993:2, med Gunnar Blomberg

"Fördelar och nackdelar med EMU", Penning- och Valutapolitik 1993:2, med Yngve Lindh

"Penningpolitikens effekter på räntebildningen", Penning- och Valutapolitik 1994:1

"Interest rate determination and monetary policy in Sweden", Arbetsrapport Nr. 1994:17, Sverige Riksbank, med Marianne Wolfbrandt och Fredrika Lindsjö

EU- och EFTA länderna som ett optimalt valutaområde, Arbetsrapport Nr. 1994:35, Sverige Riksbank

"Kronans reala jämviktskurs", Penning- och Valutapolitik 1996:1, med Hans Lindberg

”Vem för de arbetslösas talan i löneförhandlingarna?” (46 Kb) , ledare i Ekonomisk
Debatt nr 2, 2010

”Är det penningpolitiska ramverket ristat i sten för evigt?” (40 Kb) , ledare i Ekonomisk Debatt nr 8, 2011

Working papers

"Is the Phillips curve dead? International evidence" - Working Paper No. 2020:1, Department of Economics, Stockholm University (2020).

"Why are real interest rates so low? Evidence from a structural VAR with sign restrictions" - Working Paper No. 2017:6, Department of Economics, Stockholm University (2017). Under revision for the BE Journal of Macroeconomics.

"Pass-through with low inflation and volatile exchange rates" - Annika Alexius and Mikaela Holmberg, Working Paper No. 2017:1, Department of Economics, Stockholm University (2017). Under revision for the Review of World Economics.

"Can a time-varying equilibrium real interest rate explain the excess sensitivity puzzle?", Working Paper Paper No 2006:20, Uppsala University (with Peter Welz).

"Cointegration and the stabilizing role of exchange rates", Working Paper Paper No 2006:08, Uppsala University (with Erik Post).

"Can endogenous monetary policy explain the deviations from UIP?". Working Paper No 2002:17, Uppsala University, with David Kjellberg. Under revision for Economica.

"Far Out on the Yield Curve", Working Paper No 2004:12, Uppsala University.

"Exchange rates and long-term bonds", with Peter Sellin. Working Paper No 2002:07, Uppsala University. Under revision for the Scandinavian Journal of Economics.

"UIP, PPP, and the random walk behaviour of exchange rates at really long horizons", FIEF Working Paper No 175. (Old title: "How to beat the random walk").

"UIP for short investments in long term bonds", Sveriges Riksbank Working Paper Series. No. 115, 2000.

"Monetary policy when credibility and long interest rates matter", Sveriges Riksbank Working Paper Series No. 68, 1998.

"Long run real exchange rates - A cointegration analysis", Working Paper No. 119, July 1996, Stockholm School of Economics.