• Alternative virkemidler i pengepolitikken - den nødvendige monetære økosirk 

      Bernhardsen, Tom; Kloster, Arne; Syrstad, Olav (Staff Memo;12/2016, Working paper, 2016)
      I dette notatet ser vi [...] nærmere på alternative virkemidler med særlig fokus på monetær økosirk. Vi drøfter først ulike pengemengdebegreper og hvordan penger skapes. Deretter ser vi nærmere på såkalte likviditetsstyr ...
    • Liquidity Management System : Floor or Corridor? 

      Bernhardsen, Tom; Kloster, Arne (Staff Memo;4/2010, Working paper, 2010)
      Developments during the financial crisis of 2008 and 2009 have, at least temporarily, changed the way monetary policy is implemented in many countries. Before the crisis, most countries implemented policy through some form ...
    • Nibor, Libor and Euribor – all IBORs, but different 

      Kloster, Arne; Syrstad, Olav (Staff Memo;2/2019, Working paper, 2019)
      This memo takes a closer look at what lays behind different benchmark interest rates. Particular emphasis is put on how the different practices for quotation can explain why Nibor’s risk premium has on average been higher ...
    • Risikopåslagene i Nibor og andre lands interbankrenter 

      Bernhardsen, Tom; Kloster, Arne; Syrstad, Olav (Staff Memo;20/2012, Working paper, 2012)
      Interbankrenter som Libor, Euribor, Stibor og Nibor spiller en viktig rolle som referanserenter i en rekke låneavtaler og for ulike typer derivater. Interbankrentene skal uttrykke prisen på et usikret utlån fra en bank til ...
    • Risk Premiums in NIBOR and Other Countries’ Interbank Lending Rates 

      Bernhardsen, Tom; Kloster, Arne; Syrstad, Olav (Staff Memo;21/2012, Working paper, 2012)
      Interbank interest rates such as three‐ and six‐month LIBOR, EURIBOR, STIBOR and NIBOR play an important role as benchmark rates for a number of loan contracts and various types of derivatives. Interbank rates are intended ...