Blar i Norges Banks vitenarkiv på forfatter "Ødegaard, Bernt Arne"

Viser treff 1-11 av 11

    • Bond Liquidity at the Oslo Stock Exchange 

      Ødegaard, Bernt Arne (Staff Memo;5/2017, Working paper, 2017)
      We characterize the liquidity of bond trading at the Oslo Stock Exchange (OSE). We use the complete history of bond prices quoted at the OSE from 1990 to 2016. We first characterize the market place, summarize trading ...

    • Currency Hedging in Norwegian Non-Financial Firms 

      Børsum, Øystein G.; Ødegaard, Bernt Arne (Journal article, 2005)
      Fluctuations in global foreign exchange markets in recent years have again shown that many Norwegian enterprises are sensitive to changes in exchange rates, in both a positive and negative sense. The question naturally ...

    • Hvilke faktorer driver kursutviklingen på Oslo Børs? 

      Næs, Randi; Skjeltorp, Johannes A.; Ødegaard, Bernt Arne (Working Papers;8/2007, Working paper, 2007)
      I denne rapporten analyserer vi avkastningsmønstret på Oslo Børs over perioden 1980- 2006. Formålet med rapporten er å analysere drivkreftene bak kursutviklingen i det norske aksjemarkedet. Et viktig siktemål med analysen ...

    • 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 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 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 ...

    • The Information Content of Market Liquidity: An Empirical Analysis of Liquidity at the Oslo Stock Exchange? 

      Skjeltorp, Johannes A.; Ødegaard, Bernt Arne (Working Papers;26/2009, Working paper, 2009)
      We investigate the information content of aggregate stock market liquidity and ask whether it may be a useful realtime indicator, both for financial stress, and real economic activity in Norway. We describe the development ...

    • The Ownership Structure of Repurchasing Firms 

      Skjeltorp, Johannes A.; Ødegaard, Bernt Arne (Working Papers;7/2004, Working paper, 2004)
      This paper provides an examination of the ownership structure in Norwegian firms that announced repurchase plans during the period 1999 through 2001, as well as for groups of these firms conditional on whether they actually ...

    • Valutasikring i norske selskaper 

      Børsum, Øystein G.; Ødegaard, Bernt Arne (Journal article, 2005)
      I artikkelen oppsummeres resultatene av en spørreundersøkelse om norske selskapers valutasikring. Undersøkelsen viser at norske selskaper er på linje med tilsvarende selskaper i andre land i sin valutasikring. De fleste ...

    • What Factors Affect the Oslo Stock Exchange? 

      Næs, Randi; Skjeltorp, Johannes A.; Ødegaard, Bernt Arne (Working Papers;24/2009, Working paper, 2009)
      This paper analyzes return patterns and determinants at the Oslo Stock Exchange (OSE) in the period 1980-2006. We find that a three-factor model containing the market, a size factor and a liquidity factor provides a ...

    • Why Do Firms Pay for Liquidity Provision in Limit Order Markets? 

      Skjeltorp, Johannes A.; Ødegaard, Bernt Arne (Working Papers;12/2010, Working paper, 2010)
      In recent years, a number of electronic limit order markets have reintroduced market makers for some securities (Designated Market Makers). This trend has mainly been initiated by financial intermediaries and listed firms ...