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Biography
Dr. Åsa Hansson is an Associate Professor in Economics at Lund University, Sweden, with a multidisciplinary focus spanning economics, technology, and societal development. She holds positions in the Department of Economics and the Department of Technology and Society at the Faculty of Engineering, Lund University. Additionally, she is affiliated with the Research Institute of Industrial Economics (IFN) and the Lund Tax Academy. Her academic journey includes research roles at institutions such as the University of California, Santa Barbara, University of Massachusetts, Williams College, University of Santiago in Chile, and the University of Copenhagen
Dr. Hansson's research interests encompass economic policy, taxation, and the socioeconomic implications of technological advancements. She has contributed to various policy discussions and has been involved in several tax-related inquiries in Sweden and Denmark. Her doctoral thesis, completed in 2000, was titled "Limits of Tax Policy," which garnered significant attention in Swedish media at the time .
In November 2023, she published a paper titled "Wishful Thinking or Valuable Forecasts? The Value of Policy Rate Predictions in Sweden" in IgMin Research, a peer-reviewed open-access journal dedicated to publishing multidisciplinary research in science, technology, engineering, and medicine .
Beyond her academic pursuits, Dr. Hansson is actively engaged in public policy debates and has been a member of the Swedish Fiscal Policy Council. Her work continues to influence discussions on economic reforms and the integration of technology in societal development.
Research Interest
Dr. Åsa Hansson's research interests lie at the intersection of economics, technology, and societal development. She focuses on economic policy, taxation, and the socioeconomic impacts of technological advancements. A key area of her work is the analysis of tax policy, its effectiveness, and the broader economic implications of fiscal decisions. She explores how emerging technologies, such as digital platforms and automation, reshape economic systems and influence societal structures. Dr. Hansson is particularly interested in the role of economic forecasting in policy-making, with a focus on the predictive value of central bank policy rates. Additionally, her research examines the intersection of economic theory with real-world applications in areas such as sustainable development and technological integration. Her work aims to provide insights into how economic systems can adapt to new technological challenges while ensuring social and economic equity.
Open Access Policy refers to a set of principles and guidelines aimed at providing unrestricted access to scholarly research and literature. It promotes the free availability and unrestricted use of research outputs, enabling researchers, students, and the general public to access, read, download, and distribute scholarly articles without financial or legal barriers. In this response, I will provide you with an overview of the history and latest resolutions related to Open Access Policy.
Economists often provide predictions about future interest or policy rates. In contrast to stock market predictions, these forecasts are typically regarded seriously and presented with a degree of accuracy. This paper explores whether placing more confidence in policy rate predictions than stock market predictions is reasonable. It begins by examining historical policy rates predictions in Sweden, comparing them to actual rates to assess their accuracy. The paper then delves into the discussion of how costs of mispredictions, such as sudden and... unexpected policy rate increases, can and should be addressed. Despite the Central Bank making predictions within confidence intervals and the banking sector regulating individuals’ borrowing, the burden of unpredicted rate increases falls almost entirely on individuals. The paper addresses whether that is reasonable.
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