Now showing items 1352-1371 of 2799

    • Liquidity and Asset Pricing: Evidence on the Role of Investor Holding Period 

      Næs, Randi; Ødegaard, Bernt Arne (Working Papers;11/2007, Working paper, 2007)
      We use data on actual holding periods for all investors in a stock market over a 10 year period to investigate the links between holding periods, liquidity, and asset returns. Microstructure measures of liquidity are shown ...
    • Liquidity and funding for banks under resolution 

      Hægeland, Torbjørn (Others, 2019)
    • Liquidity and Supply in the Norwegian Government Bond Market 

      Hein, Jesper Bull (Journal article, 2003)
      The Norwegian government issues debt in the bond and bill market. Market prices for these instruments contain information about market expectations concerning the required real rate of return and inflation. The quality of ...
    • Liquidity and the Business Cycle 

      Næs, Randi; Skjeltorp, Johannes A.; Ødegaard, Bernt Arne (Working Papers;11/2008, Working paper, 2008)
      We show evidence of a contemporaneous relation between stock market liquidity and the business cycle. Stock market liquidity worsen when the economy is slowing down, and this effect is most pronounced for small firms. Using ...
    • Liquidity at risk: Joint stress testing of solvency and liquidity 

      Cont, Rama; Kotlicki, Artur; Valderrama, Laura (Working Paper;11/2019, Working paper, 2019)
      The traditional approach to the stress testing of financial institutions focuses on capital adequacy and solvency. Liquidity stress tests are often applied in parallel to solvency stress tests, based on scenarios which may ...
    • Liquidity at the Oslo Stock Exchange 

      Næs, Randi; Skjeltorp, Johannes A.; Ødegaard, Bernt Arne (Working Papers;9/2008, Working paper, 2008)
      We analyze the relationship between the long term development in liquidity at the Oslo Stock Exchange and the Norwegian economy for the period 1980 to 2007. We calculate different liquidity measures that captures various ...
    • Liquidity in the Foreign Exchange Market for EUR/NOK 

      Lund, Kathrine (Aktuell Kommentar;3/2011, Others, 2011)
      In this Commentary we will take a closer look at liquidity conditions in the market for the EUR/NOK. We assess the relationship between liquidity conditions and the spot exchange rate and look at liquidity conditions in ...
    • Liquidity in the Norwegian bond and certificate market in the first half of 2020 

      Unknown author (Norges Bank Papers;3/2020, Report, 2020)
      The coronavirus outbreak and the pandemic that followed contributed to considerable volatility in Norwegian financial markets in March 2020. For a period, liquidity in the Norwegian bond and certificate market deteriorated ...
    • Liquidity indicators for the Norwegian government bond market 

      Opheim, Vetle Øye (Staff Memo;8/2019, Working paper, 2019)
      An objective of Norges Bank Government Debt Management is to meet the government’s borrowing requirement at the lowest possible cost. At the same time, Government Debt Management shall seek to maintain a yield curve out ...
    • Liquidity Management and Central Bank Strength: Bank of England Operations Reloaded, 1889-1910 

      Ugolini, Stefano (Working Papers;10/2016, Working paper, 2016)
      Is a strong commitment to monetary stability enough to ensure credibility? The recent literature suggests it might not be if the central bank cannot perform pure interest rate policy and has to resort to balance sheet ...
    • 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 ...
    • Liquidity Provision in the Overnight Foreign Exchange Market 

      Bjønnes, Geir Høidal; Rime, Dagfinn; Solheim, Haakon (Working Papers;13/2004, Working paper, 2004)
      We presents evidence that non-financial customers are the main liquidity providers in the overnight foreign exchange market using a unique daily data set covering almost all transactions in the SEK/EUR market over almost ...
    • Litt om pengepolitikkens rolle og virkninger 

      Gjedrem, Svein (Others, 2003)
    • Location, location, location! - A quality-adjusted rent index for the Oslo office market 

      Anundsen, André K.; Hagen, Marius (Working Paper;2/2020, Working paper, 2020)
      In this paper, we construct a quality-adjusted rent index for the office market in Oslo. Commonly used rent indices are based on average developments or expert opinions. Such indices often suffer from compositional biases ...
    • Long-Term Benchmark Rates in the Norwegian Bond Market 

      Hein, Jesper Bull; Rakkestad, Ketil Johan (Journal article, 2004)
      Government securities have traditionally been used as benchmarks for long-term interest rates. Today the market for interest rate swaps is also used. The difference between yields on government bonds and swap market rates ...
    • Long-Term Market Outlook 

      Unknown author (Staff Memo;7/2006, Working paper, 2006)
      This Market Report will establish a set of investment beliefs for the 15 year horizon we shall be using in the ensuing Portfolio Reports, for the “Government Pension Fund – Global” and the “Foreign Reserves”, respectively. ...
    • Long-Term Outlook for Fixed Income and Equity Return 

      Unknown author (Staff Memo;10/2005, Working paper, 2005)
      The investment horizon applied to the Petroleum Fund and the foreign exchange reserves is long. Parts of the Petroleum Fund are phased into the Norwegian economy via the fiscal spending rule each year, but the fund’s life ...
    • Loose Commitment in Medium-Scale Macroeconomic Models: Theory and an Application 

      Debortoli, Davide; Maih, Junior; Nunes, Ricardo (Working Papers;25/2010, Working paper, 2010)
      This paper proposes a method and a toolkit for solving optimal policy with imperfect commitment in linear quadratic models. As opposed to the existing literature, our method can be employed in medium- and large-scale models ...
    • Lower Potential Growth in the Euro Area After the Crisis 

      Husabø, Eilert (Economic Commentaries;7/2013, Others, 2013)
      The global financial crisis in 2008 and subsequent euro area sovereign debt crisis have had a substantial adverse impact on economic growth. In Norway their direct effect took the form of reduced demand for Norwegian ...