Blar i Norges Banks vitenarkiv på tittel

Viser treff 1366-1385 av 2796

    • Long-Term Market Outlook 

      Ukjent forfatter (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 

      Ukjent forfatter (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 ...

    • Lumpy Investment and State-Dependent Pricing in General Equilibrium 

      Reiter, Michael; Sveen, Tommy; Weinke, Lutz (Working Papers;5/2009, Working paper, 2009)
      The lumpy nature of plant-level investment is generally not taken into account in the context of monetary theory (see, e.g., Christiano et al. 2005 and Woodford 2005). We formulate a generalized (S,s) pricing and investment ...

    • Lønnsandelen 

      Hagelund, Kåre; Nordbø, Einar W.; Sauvik, Lene (Aktuell Kommentar;9/2017, Others, 2017)
      Andelen av verdiskapingen som går til arbeidstakerne, har falt i flere land de siste tiårene. Så langt er det imidlertid liten enighet om hvilke krefter som har drevet utviklingen. I denne kommentaren gir vi en oversikt ...

    • Macro Effects of Capital Requirements and Macroprudential Policy 

      Akram, Q. Farooq (Working Papers;21/2012, Working paper, 2012)
      I investigate macro effects of higher bank capital requirements on the Norwegian economy and their use as a macroprudential policy instrument under Basel III. To this end, I develop a macroeconometric model where the capital ...

    • Macro Modelling with Many Models 

      Bache, Ida Wolden; Mitchell, James; Ravazzolo, Francesco; Vahey, Shaun P. (Working Papers;15/2009, Working paper, 2009)
      We argue that the next generation of macro modellers at Inflation Targeting central banks should adapt a methodology from the weather forecasting literature known as `ensemble modelling'. In this approach, uncertainty about ...

    • The macroeconomic effects of forward communication 

      Brubakk, Leif; ter Ellen, Saskia; Robstad, Ørjan; Xu, Hong (Working Paper;20/2019, Working paper, 2019)
      This paper provides an empirical assessment of the power of forward guidance at different horizons, shedding new light on the strength of the “forward guidance puzzle”. Our identification strategy allows us to disentangle ...

    • Macroeconomic Factors Strike Back: A Bayesian Change-Point Model of Time-Varying Risk Exposures and Premia in the U.S. Cross-Section 

      Bianchi, Daniele; Guidolin, Massimo; Ravazzolo, Francesco (Working Papers;19/2013, Working paper, 2013)
      This paper proposes a Bayesian estimation framework for a typical multi-factor model with time-varying risk exposures to macroeconomic risk factors and corresponding premia to price U.S. stocks and bonds. The model assumes ...

    • Macroeconomic Shocks – Effects on Employment and Labour Supply 

      Solheim, Haakon (Journal article, 2009)
      The labour supply in Norway was record-high in 2008. As the labour supply has grown, it has been responsive to changes in demand for labour. The analysis shows that labour supply is most elastic among those under 25 and ...

    • A macroprudential contagion stress test framework 

      Bjørland, Christian; Kockerols, Thore (Staff Memo;4/2020, Working paper, 2020)
      We develop a macroprudential contagion stress test framework to examine how a network of Norwegian banks can amplify a shock to bank capital at the macro level. The framework looks at how fire sales of common asset holdings ...

    • Macroprudential Policy and Financial Stability 

      Olsen, Øystein (Others, 2013)

    • Macroprudential Regulation - What, Why and How? 

      Borchgrevink, Henrik; Ellingsrud, Sigmund; Hansen, Frank (Staff Memo;13/2014, Working paper, 2014)
      This paper reviews recent literature on the theoretical foundations of macroprudential regulation. We identify six categories of market failures that give rise to macroprudential concerns; pecuniary externalities, ...

    • Macroprudential Regulation and Monetary Policy 

      Olsen, Øystein (Others, 2013)

    • Making Use of the Central Bank 

      Gjedrem, Svein (Others, 2010)

    • Makroregulering og finansiell stabilitet 

      Olsen, Øystein (Others, 2013)

    • Makroregulering og pengepolitikk 

      Olsen, Øystein (Others, 2013)

    • Makroøkonomiske sjokk – effekter på sysselsetting og arbeidstilbud 

      Solheim, Haakon (Journal article, 2009)
      Det norske arbeidstilbudet var i 2008 på sitt høyeste registrerte nivå, målt som andel av befolkningen mellom 16 og 74 år. Samtidig som arbeidstilbudet har vokst over tid, har tilbudet vært fleksibelt ved endringer i ...

    • Makroøkonomiske virkninger av høyere kapitalkrav for bankene 

      Jacobsen, Dag Henning; Kloster, Thea Birkeland; Kvinlog, Aslak Bakke; Larsen, Unni (Staff Memo;14/2011, Working paper, 2011)
      EU-kommisjonens forslag til nytt kapitaldirektiv (CRD IV) inneholder blant annet strengere minstekrav til kapital og et forslag om å innføre en motsyklisk kapitalbuffer. Direktivet skal etter planen innføres fra 2013 og ...