Now showing items 797-816 of 1427

    • New 1000-krone Banknote 

      Unknown author (Journal article, 2001)
    • New 500-krone banknote 

      Unknown author (Journal article, 1999)
    • New 500-Krone Banknote 

      Unknown author (Journal article, 1999)
    • New Perspectives on Capital and Sticky Prices 

      Sveen, Tommy; Weinke, Lutz (Working Papers;3/2004, Working paper, 2004)
      We model capital accumulation in a dynamic New-Keynesian model with staggered price setting à la Calvo. It is assumed that firms do not have access to a rental market for capital. We compare our model with an alternative ...
    • New Perspectives on Depreciation Shocks as a Source of Business Cycle Fluctuations 

      Furlanetto, Francesco; Seneca, Martin (Working Papers;2/2011, Working paper, 2011)
      In this paper we study the transmission for capital depreciation shocks. The existing literature in the Real Business Cycle tradition has concluded that these shocks are irrelevant for business cycle fluctuations. We show ...
    • News media vs. FRED-MD for macroeconomic forecasting 

      Ellingsen, Jon; Larsen, Vegard H.; Thorsrud, Leif Anders (Working Paper;14/2020, Working paper, 2020)
      Using a unique dataset of 22.5 million news articles from the Dow Jones Newswires Archive, we perform an in depth real-time out-of-sample forecasting comparison study with one of the most widely used data sets in the newer ...
    • News-Driven Inflation Expectations and Information Rigidities 

      Larsen, Vegard Høghaug; Thorsrud, Leif Anders; Zhulanova, Julia (Working Paper;5/2019, Working paper, 2019)
      We investigate the role played by the media in the expectations formation process of households. Using a novel news-topic-based approach we show that news types the media choose to report on, e.g., fiscal policy, health, ...
    • NIBOR - a Norwegian Interest Rate? 

      Syrstad, Olav; Kloster, Arne; Bernhardsen, Tom (Economic Commentaries;9/2014, Others, 2014)
      Norges Bank has in various contexts pointed out that today’s NIBOR construction has clear weaknesses. The reasons for this view are presented in a letter to Finanstilsynet (Financial Supervisory Authority of Norway) of 26 ...
    • NIBOR - en norsk rente? 

      Syrstad, Olav; Kloster, Arne; Bernhardsen, Tom (Aktuell Kommentar;9/2014, Others, 2014)
      Norges Bank har i flere sammenhenger pekt på at dagens NIBOR-konstruksjon har klare svakheter. Begrunnelsen for dette synet er presentert i brev til Finanstilsynet 26. mai 2014, Norges Bank Memo 2/2014 («Svakheter ved ...
    • Nibor, Libor and Euribor – all IBORs, but different 

      Kloster, Arne; Syrstad, Olav (Staff Memo;2/2019, Working paper, 2019)
      This memo takes a closer look at what lays behind different benchmark interest rates. Particular emphasis is put on how the different practices for quotation can explain why Nibor’s risk premium has on average been higher ...
    • Non-Linear Dynamics in Output, Real Exchange Rates and Real Money Balances: Norway, 1830-2003 

      Akram, Q. Farooq; Eitrheim, Øyvind; Sarno, Lucio (Working Papers;2/2005, Working paper, 2005)
      We characterise the behaviour of Norwegian output, the real exchange rate and real money balances over a period of almost two centuries. The empirical analysis is based on a new annual data set that has recently been ...
    • Non-standard errors 

      Menkveld, Albert J.; Ter Ellen, Saskia; Wika, Hans Christian (Working paper;13/2021, Working paper, 2021)
      In statistics, samples are drawn from a population in a datagenerating process (DGP). Standard errors measure the uncertainty in sample estimates of population parameters. In science, evidence is generated to test hypotheses ...
    • Nonlinear transmission of financial shocks: Some new evidence 

      Forni, Mario; Gambetti, Luca; Maffei-Faccioli, Nicolò; Sala, Luca (Working paper;3/2022, Working paper, 2022)
      Financial shocks generate a protracted and quantitatively important effect on real economic activity and financial markets only if the shocks are both negative and large. Otherwise, their role is quite modest. Financial ...
    • Nonlinearities in the Relationship Between Oil Price Changes and Movements in the Norwegian Krone 

      ter Ellen, Saskia (Staff Memo;18/2016, Working paper, 2016)
      Anecdotal evidence as well as previous empirical analysis indicates that the relation between oil price changes and movements in the Norwegian krone is not stable over time. We can observe that there is no or only a weakly ...
    • Noregs Bank. Grunntrekk i administrasjon, oppgåver og historie 

      Borlaug, Egil; Wammer, Turid (Staff Memo;9/2009, Working paper, 2009)
      I 1997 startet Dokumentasjonsseksjonens prosjekt ”Avlevering til arkivverket”. Norges Banks arkiver fra 1817 og fram til vår tid er blitt ordnet, registrert og klargjort for avlevering. Historiker Egil Borlaug ble ansatt ...
    • Norges Bank 1999-2010. Styring og omstillinger 

      Bøhn, Harald (Staff Memo;31/2012, Working paper, 2012)
      I perioden hvor Svein Gjedrem var sentralbanksjef ble det gjennomført omfattende omstillinger i Norges Bank. Forut for skiftet av sentralbanksjef i 1999 var Norges Bank en organisasjon med 1150 ansatte og med 12 ...
    • Norges Bank 1999-2010: Governance and Structural Reforms 

      Bøhn, Harald (Working Papers;16/2012, Working paper, 2012)
      In 1999 Norges Bank employed 1150 persons and had 12 regional branches located in various cities across the country. In 2010, the regional branches had all been closed and the traditional central bank staff had been reduced ...
    • 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 ...
    • Norges Bank's liquidity instruments 

      Kilen, John E.; Thorstad, Håvard (Journal article, 1999)
      With effect from 1 September 1999, Norges Bank introduced a collateral requirement for fixedrate loans. This is in line with Norges Bank’s policy of securing its loans to the banking sector. This article starts with an ...