Now showing items 437-456 of 2799

    • Does Forecast Combination Improve Norges Bank Inflation Forecasts? 

      Bjørnland, Hilde C.; Gerdrup, Karsten R.; Jore, Anne Sofie; Smith, Christie; Thorsrud, Leif Anders (Working Papers;1/2009, Working paper, 2009)
      We develop a system that provides model-based forecasts for inflation in Norway. Forecasts are recursively evaluated from 1999 to 2008. The performance of the models over this period is then used to derive weights that are ...
    • Does High Debt Growth in Upturns Lead to a More Pronounced Fall in Consumption in Downturns? 

      Hansen, Frank; Torstensen, Kjersti Næss (Economic Commentaries;8/2016, Others, 2016)
      The strong accumulation of debt in the period preceding the financial crisis has resulted in a renewed focus on the relationship between debt and household demand in an economic downturn. Studies based on disaggregated ...
    • Does Information Sharing Reduce the Role of Collateral as a Screening Device? 

      Karapetyan, Artashes; Stacescu, Bogdan (Working Papers;19/2012, Working paper, 2012)
      Information sharing and collateral reduce adverse selection costs, but are costly for lenders. When a bank learns more about the types of its rival's borrowers through information sharing (e.g., credit bureaus), it might ...
    • Does Monetary Policy React to Asset Prices? Some International Evidence 

      Furlanetto, Francesco (Working Papers;7/2008, Working paper, 2008)
      This paper attempts to measure the reaction of monetary policy to the stock market. We apply the procedure of Rigobon and Sack (2003) to identify and estimate a VAR in the presence of heteroskedasticity. This procedure ...
    • Does Norway save too much? 

      Olsen, Øystein (Others, 2018)
    • Does Publication of Interest Rate Paths Provide Guidance? 

      Rime, Dagfinn; Syrstad, Olav; Natvik, Gisle J. (Working Paper;16/2019, Working paper, 2019)
      Does the central bank practice of publishing interest rate projections (IRPs) improve how market participants map new information into future interest rates? Using high-frequent data on Forward Rate Agreements (FRAs) we ...
    • Does SOFR-linked debt cost borrowers more than LIBOR-linked debt? 

      Klingler, Sven; Syrstad, Olav (Working paper;7/2023, Working paper, 2023)
      We investigate if the benchmark transition from London Interbank Offered Rate (Libor) to Secured Overnight Financing Rate (SOFR) affects the costs of borrowing floating rate debt. The primary market for dollar-denominated ...
    • Does the Law of One Price Hold in International Financial Markets? Evidence from Tick Data 

      Akram, Q. Farooq; Rime, Dagfinn; Sarno, Lucio (Working Papers;19/2008, Working paper, 2008)
      This paper investigates the validity of the law of one price (LOP) in international financial markets by examining the frequency, size and duration of inter-market price differentials for borrowing and lending services ...
    • Doktriner og økonomisk styring : et tilbakeblikk 

      Skånland, Hermod; Gjedrem, Svein (Norges Bank Skriftserie;36, Book, 2004)
    • Dokumentasjon av enkelte beregninger til årstalen 2010 

      Unknown author (Staff Memo;1/2010, Working paper, 2010)
    • Dokumentasjon av enkelte beregninger til årstalen 2012 

      Unknown author (Staff Memo;5/2012, Working paper, 2012)
    • The downs and ups of mark-ups 

      Brubakk, Leif; Hagelund, Kåre (Staff Memo;2/2023, Working paper, 2023)
      Based on sectoral National accounts data and estimates of the implicit rental rate of capital, we calculate price mark-ups for 42 Norwegian industries for the period 1980-2019. The results indicate a broad-based increase ...
    • Downturn in the Us – Crisis or Welcome Moderation for the World Economy? 

      Wilse, Hans Petter (Economic Commentaries;4/2008, Others, 2008)
      Problems in the US housing market triggered a surge in volatility in financial markets in 2007. Economic growth in the US has slowed markedly in recent quarters, with growing fears of recession. Given the size of the US ...
    • Downward nominal house price rigidity: Evidence from three centuries of data on housing transactions 

      Erlandsen, Solveig K.; Juelsrud, Ragnar Enger (Working paper;1/2023, Working paper, 2023)
      By analyzing housing data from the period 1850 to 2019 in Norway, we find evidence of downward nominal house price rigidity. More specifically, we document that there is a marked fraction of repeat-sales housing transactions ...
    • Downward Nominal Wage Rigidity in the OECD 

      Holden, Steinar; Wulfsberg, Fredrik (Working Papers;5/2004, Working paper, 2004)
      This paper explores the existence of downward nominal wage rigidity (DNWR) in 19 OECD countries, over the period 1973–1999, using data for hourly nominal wages at industry level. Based on a novel nonparametric statistical ...
    • Driving Forces Behind European Commercial Real Estate Prices Prior to a Sharp Fall in Prices 

      Hagen, Marius; Hansen, Frank (Staff Memo;1/2018, Working paper, 2018)
      What factors have driven commercial real estate (CRE) prices upwards prior to a sharp fall in prices? We study this question by identifying turning points in CRE for a dataset covering the prime office segment in 58 cities ...
    • Dutch disease dynamics reconsidered 

      Bjørnland, Hilde C.; Thorsrud, Leif Anders; Torvik, Ragnar (Working papers;2018/1, Working paper, 2018)
      In this paper we develop the first model to incorporate the dynamic productivity consequences of both the spending effect and the resource movement effect of oil abundance. We show that doing so dramatically alters the ...
    • Dynamic Predictive Density Combinations for Large Data Sets in Economics and Finance 

      Casarin, Roberto; Grassi, Stefano; Ravazzolo, Francesco; van Dijk, Herman K. (Working Papers;12/2015, Working paper, 2015)
      A Bayesian nonparametric predictive model is introduced to construct time-varying weighted combinations of a large set of predictive densities. A clustering mechanism allocates these densities into a smaller number of ...
    • Dynamisk strategisk allokering: Simulering av et praktisk eksempel 

      Trovik, Tørres G. (Journal article, 2003)
      Gjennom simulering vises det at betydningen av å gjøre endringer i en langsiktig porteføljetilpasning kan være begrenset når man ser på et realistisk eksempel. Men det er vanskelig å vurdere slike endringer, fordi vanlige ...
    • Dynamisk strategisk allokering: Simulering av et praktisk eksempel 

      Trovik, Tørres G. (Journal article, 2003)
      Gjennom simulering vises det at betydningen av å gjøre endringer i en langsiktig porteføljetilpasning kan være begrenset når man ser på et realistisk eksempel. Men det er vanskelig å vurdere slike endringer, fordi vanlige ...