Browsing Norges Banks vitenarkiv by Title
Now showing items 1423-1442 of 2799
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Matching Efficiency and Business Cycle Fluctuations
(Working Papers;7/2012, Working paper, 2012)A large decline in the efficiency of the U.S. labor market in matching unemployed workers and vacant jobs has been documented during the Great Recession. We use a simple New Keynesian model with search and matching frictions ... -
Mål på kredittrisiko i husholdningene
(Aktuell Kommentar;8/2013, Others, 2013)Misligholdsraten på utlån til husholdningene fra norske banker og kredittforetak falt etter bankkrisen på 1990-tallet og har vært lav siden tusenårsskiftet. Vi argumenterer for at kredittrisiko oppstår i husholdninger som ... -
Måling av markedsrisiko i norske finansinstitusjoner
(Journal article, 2003)Markedsrisikoen i norske banker og livsforsikringsselskaper belyses ved bruk av to metoder – «Value at Risk» (VaR) og stresstester – og data fra bank- og forsikringsstatistikken. Analysene viser at bankenes markedsrisiko ... -
Mean Reversion in Profitability for Non-Listed Firms
(Working Papers;29/2009, Working paper, 2009)The presence of mean reversion in profitability at the firm level is important for valuation and prediction of growth and earnings. We investigate the mean reversion in accounting profitability for Norwegian non-listed ... -
Measures of Household Credit Risk
(Economic Commentaries;8/2013, Others, 2013)The default rate on loans to households by Norwegian banks and mortgage companies fell after the banking crisis in the 1990s and has been low since the turn of the millennium. We argue that credit risk arises in households ... -
Measuring and Predicting Household Housing Wealth
(Staff Memo;4/2006, Working paper, 2006)At Norges Bank, a small model has been developed, which includes estimated equations for the two variables that ultimately determine developments in household housing wealth, namely house prices and housing investment. In ... -
Measuring Market Risk in Norwegian Financial Institutions
(Journal article, 2003)This article discusses two methods for analysing market risk in the Norwegian banking sector and in life insurance companies. The two methods, Value at Risk (VaR) and stress tests, are commonly used in individual institutions, ... -
Measuring Sovereign Contagion in Europe
(Working Papers;5/2012, Working paper, 2012)This paper analyzes the sovereign risk contagion using CDS spreads for the major euro area countries. Using several econometric approaches (non linear regression, quantile regression and Bayesian quantile with heteroskedasticity) ... -
Measuring Structural Unemployment: Is There a Rough and Ready Answer?
(Working Papers;9/1998, Working paper, 1998)In recent years, the OECD has measured the structural rate of unemployment by an indicator called the Non-Accelerating Wage Rate of Unemployment. The NAWRU indicator is an important element in the policy analysis of the ... -
Measuring Trends and Cycles in Industrial Production in Norway 1896-1948
(Working Papers;18/2015, Working paper, 2015)This paper presents new indices for industrial production in Norway covering the years 1896-1948. Separate annual and monthly indices of gross output and labour productivity are computed for 45 manufacturing and mining ... -
Mellom politikk og marked? En studie av Pengepolitisk avdeling i Norges Bank, IMF og spørsmålet om den norske penge- og kredittpolitikken ca. 1965-1980
(Staff Memo;19/2011, Working paper, 2011)This master thesis is a study of the Monetary Policy Department in the Bank of Norway (BoN), the International Monetary Fund (IMF), and the question of the Norwegian monetary and credit policy around 1965-1980. The main ... -
Mental Accounting in the Housing Market
(Working Papers;20/2010, Working paper, 2010)We report evidence that salience may have economically significant effects on homeowners' borrowing behavior, through a bias in favour of less salient but more costly loans. We outline a simple model in which some consumers ... -
Micro Approaches to Foreign Exchange Determination
(Working Papers;5/2011, Working paper, 2011)Micro-based exchange-rate research examines the determination and behavior of spot exchange rates in an environment that replicates the key features of trading in the foreign exchange (FX) market. Traditional macro ... -
Microstructure of Foreign Exchange Markets
(Working Paper;6/2019, Working paper, 2019)This article presents an overview of research on the Microstructure of Foreign Exchange Markets. We begin by summarizing the institutional features of FX trading and describe how they have evolved since the 1980s. We then ... -
Minnemynt for å markere årtusenskiftet
(Journal article, 1999) -
Minnemynter i forbindelse med hundreårsmarkeringen for unionsoppløsningen fra Sverige
(Journal article, 2003) -
Minnemynter til 100-årsjubileet for Nobels fredspris
(Journal article, 2001) -
Misallocation and the Recovery of Manufacturing TFP After a Financial Crisis
(Working Papers;1/2013, Working paper, 2013)The Chilean economy experienced a decade of sustained growth in aggregate out-put and productivity after the 1982 financial crisis. This paper analyzes the effects of resource misallocation on total factor productivity ... -
Misforståtte sentralbankreserver
(Aktuell Kommentar;1/2012, Others, 2012)I det siste har medier i Norge og andre land rapportert om at bankene i euroområdet har økt sine innskudd i ECB kraftig. Det er riktig. Høye innskudd i ECB blir forklart med at bankene ikke vil låne ut til hverandre eller ... -
Mismatch Shocks and Unemployment During the Great Recession
(Working Papers;16/2013, Working paper, 2013)We investigate the macroeconomic consequences of fluctuations in the effectiveness of the labor-market matching process with a focus on the Great Recession. We conduct our analysis in the context of an estimated medium-scale ...