Blar i Norges Banks vitenarkiv på forfatter "Müller, Carola"
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The demand for safe liquid assets and the implications of issuing a Central Bank Digital Currency for bank funding instruments
Müller, Carola (Staff Memo;8/2020, Working paper, 2020)The pros and cons of issuing a Central Bank Digital Currency (CBDC) is currently debated by Norges Bank and other central banks. A CBDC would grant access to the central bank balance sheet to a broader set of economic ... -
Risk-based pricing in competitive lending markets
Müller, Carola; Juelsrud, Ragnar; Andersen, Henrik (Working paper;19/2021, Working paper, 2021)We use unique data on banks' private risk assessments of corporate borrowers to quantify how competition among banks affect the risk sensitivity of interest rates in the Norwegian credit market. We show that an increase ...