Browsing Norges Banks vitenarkiv by Subject "JEL: D22"

Now showing items 1-3 of 3

    • A bankruptcy probability model for assessing credit risk on corporate loans with automated variable selection 

      Hjelseth, Ida Nervik; Raknerud, Arvid; Vatne, Bjørn H. (Working paper;7/2022, Working paper, 2022)
      We propose an econometric model for predicting the share of bank debt held by bankrupt firms by combining a novel set of firm-level financial variables and macroeconomic indicators. Our firm-level data include payment ...

    • Collateral Damaged? Priority Structure, Credit Supply, and Firm Performance 

      Cerqueiro, Geraldo; Ongena, Steven; Roszbach, Kasper (Working Paper;9/2019, Working paper, 2019)
      A unique legal reform in 2004 in Sweden redistributed collateral rights from banks holding floating liens to unsecured creditors without changing the value of assets on firms’ balance sheets. Using a country-wide panel of ...

    • The Investment Channel of Monetary Policy : Evidence from Norway 

      Cao, Jin; Hegna, Torje; Holm, Martin B.; Juelsrud, Ragnar; König, Tobias; Riiser, Mikkel (Working paper;5/2023, Working paper, 2023)
      We investigate the transmission of monetary policy to investment using Norwegian administrative data. We have two main findings. First, financially constrained firms are more responsive to monetary policy, but the effect ...