Blar i Norges Banks vitenarkiv på forfatter "Liane, Gro M."
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Why Do Norwegians Increase Their Savings When the Interest Rate Is Cut?
Liane, Gro M. (Staff Memo;15/2013, Working paper, 2013)This note aims to shed light on the relationship between interest rates and household savings in Norway. To this end, I use a simple life-cycle model that accounts for actual debt levels of Norwegian households. The starting ...