Browsing Norges Banks vitenarkiv by Author "Mæhlum, Mathis"

Now showing items 1-3 of 3

    • The cash-flow channel of monetary policy - evidence from billions of transactions 

      Ahn, SeHyoun; Galaasen, Sigurd Mølster; Mæhlum, Mathis (Working paper;20/2024, Working paper, 2024)
      We present novel findings on the impact of monetary policy on consumer spending behavior using a newly assembled high-frequency household expenditure panel. Leveraging comprehensive weekly electronic transaction-level data ...

    • Distributional effects of monetary policy in Norway 

      Mimir, Yasin; Mæhlum, Mathis; Torstensen, Kjersti Næss (Staff Memo;4/2021, Working paper, 2021)
      We quantify the short-term effects of both non-systematic and systematic monetary policy on the income and wealth distribution in Norway, and measure the relative importance of the various channels. An expansionary monetary ...

    • Robustifying Optimal Monetary Policy in Norway 

      Mæhlum, Mathis (Staff Memo;17/2012, Working paper, 2012)
      Monetary policy is usually modelled as either simple rules or optimal policy. While the former are often seen as incomplete and unrealistic for practical policymaking, the latter can yield catastrophy should the policymaker ...