Now showing items 83-102 of 2796

    • Are Household Debt-To-Income Ratios Too High? 

      Berge, Tor Oddvar; Vatne, Bjørn Helge (Economic Commentaries;4/2009, Others, 2009)
      Household debt growth has been high over the past 8‐9 years and it has been far higher than growth in disposable income. As a result, the household interest burden has risen sharply and is now at a historically high level ...
    • Are Real Wages Rigid Downwards? 

      Holden, Steinar; Wulfsberg, Fredrik (Working Papers;1/2007, Working paper, 2007)
      This paper explores the existence of downward real wage rigidity (DRWR) in 19 OECD countries, over the period 1973–1999, using data for hourly nominal earnings at industry level. Based on a nonparametric statistical method, ...
    • Are Unexpected Loan Losses Lower for Small Enterprises Than for Large Enterprises? 

      Larsen, Kai; Bjerkeland, Kristin M. (Journal article, 2005)
      Unexpected loan losses have been lower for loans to small- and medium-sized enterprises (SMEs) than for those to large enterprises in about ⅔ of the period reviewed in this article. In the remaining period, including two ...
    • Aspects of the International Monetary System : International Reserves and International Exchange Rate Regimes 

      Fridriksson, Ingimundur (Staff Memo;9/2010, Working paper, 2010)
      The global economy has in recent years been characterized among other things by large imbalances between countries and regions, capital flow volatility, and large reserve accumulation by several countries, in some cases ...
    • Assessing Estimates of the Exchange Rate Pass-Through 

      Bache, Ida Wolden (Working Papers;12/2007, Working paper, 2007)
      We investigate optimal horizons for targeting inflation in response to different shocks and their properties under alternative preferences of an inflation-targeting central bank. Our analysis is based on a well specified ...
    • Assessment of Credit Risk in the Norwegian Business Sector 

      Sjøvoll, Espen (Working Papers;9/1999, Working paper, 1999)
      In this thesis, I present a model that measures credit risk in the Norwegian business sector, using firm bankruptcy as proxy for credit risk. Probit analysis, a discrete response model, is applied to micro level financial ...
    • Asset Allocation with Government Revenues and Spending Commitments 

      Unknown author (Discussion Note;4/2016, Others, 2016)
      In this note, we explore the implications of expanding the discussion about the equity share in the Norwegian Government Pension Fund Global to include revenues and spending commitments, using a stylised simulation framework.
    • Asset Prices and Economic Policy 

      Gjedrem, Svein (Others, 2008)
    • Asset Prices, Investment and Credit – What Do They Tell Us About Financial Vulnerability? 

      Riiser, Magdalena D. (Economic Commentaries;6/2008, Others, 2008)
      In this commentary we examine whether a number of historical indicators can predict financial vulnerability over the past 150 years in Norway. Using a Hodrick-Prescott filter, we estimate the gap between actual observations ...
    • Asset Prices, Investment, Credit and Financial Vulnerability 

      Riiser, Magdalena D. (Economic Commentaries;4/2010, Others, 2010)
      Previous analyses indicate that macroeconomic gap indicators for house prices, equity prices, investment and credit are useful in predicting periods of financial instability in Norway. The indicators show, with few exceptions, ...
    • Asset Prices, Investment, Credit and Financial Vulnerability. An Analysis Using Quarterly Figures 

      Riiser, Magdalena D. (Economic Commentaries;6/2012, Others, 2012)
      Previous analyses using annual figures for a period of over 150 years show that gap indicators of house prices, equity prices, investment and credit are useful in predicting periods of financial instability in Norway. ...
    • The asset pricing effects of ESG investing 

      Unknown author (Discussion Note;1/2021, Others, 2021)
    • Asset Pricing with Concentrated Ownership of Capital 

      Lansing, Kevin J. (Working Papers;18/2011, Working paper, 2011)
      This paper investigates how concentrated ownership of capital influences the pricing of risky assets in a production economy. The model is designed to approximate the skewed distribution of wealth and income in U.S. data. ...
    • Asset purchases as a remedy for the original sin redux 

      Mimir, Yasin; Sunel, Enes (Working Paper;8/2021, Working paper, 2021)
      We provide a theory on how a wider foreign lending base of local-currency sovereign debt may lead to destabilising effects (the original sin redux). Bond sell-offs by foreigners induce domestic banks to fund the government, ...
    • Asset Returns, News Topics, and Media Effects 

      Larsen, Vegard Høghaug; Thorsrud, Leif Anders (Working Papers;17/2017, Working paper, 2017)
      We decompose the textual data in a daily Norwegian business newspaper into news topics and investigate their predictive and causal role for asset prices. Our three main findings are: (1) a one unit innovation in the news ...
    • Asymmetric effects of monetary policy in regional housing markets 

      Aastveit, Knut Are; Anundsen, André K. (Working paper;25/2017, Working paper, 2017)
      The responsiveness of house prices to monetary policy shocks depends both on the nature of the shock – expansionary versus contractionary – and on city-specific housing supply elasticities. We test and find supporting ...
    • Asymmetric Information in the Interbank Foreign Exchange Market 

      Bjønnes, Geir Høidal; Osler, Carol; Rime, Dagfinn (Working Papers;25/2008, Working paper, 2008)
      This paper provides evidence of private information in the interdealer foreign exchange market. In so doing it provides support for the hypothesis that information is an important reason for the strong positive correlation ...
    • Asymmetric monetary policy rules for the euro area and the US 

      Maih, Junior; Mazelis, Falk; Motto, Roberto; Ristiniemi, Annukka (Working Paper;7/2021, Working paper, 2021)
      We analyse the implications of asymmetric monetary policy rules by estimating Markovswitching DSGE models for the euro area (EA) and the US. The estimations show that until mid-2014 the ECB's response to inflation was more ...
    • Avveiinger i pengepolitikken 

      Gjedrem, Svein (Others, 2006)
    • Avveininger i pengepolitikken 

      Svendsen, Ingvild; Røisland, Øistein; Olsen, Kjetil (Journal article, 2004)
      Fleksibel inflasjonsstyring innebærer at sentralbanken på kort sikt foretar en avveining mellom prisstabilitet og realøkonomisk stabilitet. En toårshorisont for oppnåelse av inflasjonsmålet gir normalt en hensiktsmessig ...