Economist Risto Herrala, Institute for Economies in Transition BOFIT

Risto Herrala works as an economist at the Bank of Finland's Institute for Economies in Transition. His responsibilities include surveillance and analysis of the Chinese economy. He has previously worked at the Monetary Policy and Research Department, and the Money Market Department in various economist positions.

Bank of Finland Institute for Economies in Transition (BOFIT)

Articles in refereed journals:

Banking Crises vs. Depositor Crises: The Era of the Finnish Markka,
Scandinavian Economic History Review, vol. 47, No. 2, 1999, pp. 5-22   

Scientific publications in books:

On the Relevance of Financial System Architecture for Choise of the Monetary Policy Instrument, in 'Monetary Policy and Issues New Research', (ed,) Lauren C. Williams, Nova Publishing, 2005, pp. 67-82 

Rahoitussektorin merkitys Suomen kansantaloudelle, in 'Muutoksen merkit Kvantitatiivisia perspektiivejä Suomen taloushistoriaan', (eds.) Jukka Jalava, Jari Eloranta and Jari Ojala, Statistics Finland, Studies 245, 2006, pp. 247-263 (in Finnish)

Reserve Pools, in 'Public Finance, Monetary Policy and Market Issues', INFER Research Perspectives, Vol. 5, Edward Shinnick (Ed.), LIT Verlag, 2008