• Global and Regional Business Cycles. Shocks and Propagations 

      Thorsrud, Leif Anders (Working Papers;8/2013, Working paper, 2013)
      We study the synchronization of real and nominal variables across four different regions of the world, Asia, Europe, North and South America, covering 32 different countries. Employing a FAVAR framework, we distinguish ...
    • Norges Bank Output Gap Estimates: Forecasting Properties, Reliability and Cyclical Sensitivity 

      Furlanetto, Francesco; Hagelund, Kåre; Hansen, Frank; Robstad, Ørjan (Working Paper;7/2020, Working paper, 2020)
      This paper documents the suite of models used by Norges Bank to estimate the output gap. The models are estimated using data on GDP, unemployment, inflation, wages, investment, house prices and credit. We evaluate the ...