Now showing items 120-139 of 1427

    • Boom or Gloom? Examining the Dutch Disease in Two-Speed Economies 

      Bjørnland, Hilde C.; Thorsrud, Leif Anders (Working Papers;12/2014, Working paper, 2014)
      Traditional studies of the Dutch disease do not account for productivity spillovers between the booming resource sector and other domestic sectors. We put forward a simple theory model that allows for such spillovers. We ...
    • Bootstrapping the Likelihood Ratio Cointegration Test in Error Correction Models with Unknown Lag Order 

      Kascha, Christian; Trenkler, Carsten (Working Papers;12/2009, Working paper, 2009)
      We investigate the small-sample size and power properties of bootstrapped likelihood ratio systems cointegration tests via Monte Carlo simulations when the true lag order of the data generating process is unknown. A recursive ...
    • Borte bra, men hjemme best i verdipapirmarkedet. Problemstillinger rundt hjemmefavorisering 

      Bergundhaugen, Jon; Fearnley, Tom A. (Journal article, 2005)
      At investorer holder en høyere andel verdipapirer utstedt i hjemlandet enn rasjonell økonomisk adferd skulle tilsi, har lenge stått uforklart i finansteorien. Markeds- og nasjonalregnskapsdata brukes her for å belyse ...
    • Branches of Foreign Banks and Credit Supply 

      Turtveit, Lars-Tore (Economic Commentaries;2/2017, Others, 2017)
      Over time, the government has received substantial revenues in both NOK and foreign currency from the petroleum sector (the government’s net cash flow). At the same time, the government earns considerable foreign currency ...
    • Brasils finanskrise i et historisk perspektiv - statsfinanser, inflasjon og stabilisering 

      Eide, Jostein; Stæhr, Karsten (Journal article, 1999)
    • Bruk av referansekurser og påvirkning på valutamarkedet 

      Xu, Hong; Øwre-Johnsen, Marit (Aktuell Kommentar;8/2014, Others, 2014)
      I valutamarkedet gjøres det daglig millioner av handler. Valutakursene endrer seg kontinuerlig gjennom dagen og kan svinge mye i løpet av svært korte tidsrom. I mange sammenhenger er det behov for en daglig referansekurs ...
    • Bubbles and Crises: The Role of House Prices and Credit 

      Anundsen, André K.; Hansen, Frank; Gerdrup, Karsten R.; Kragh-Sørensen, Kasper (Working Papers;14/2014, Working paper, 2014)
      This paper exploits a quarterly panel data set for 16 OECD countries over the period 1975q1–2013q2 to explore the importance of house prices and credit in affecting the likelihood of a financial crisis. Estimating a set ...
    • Burying Libor 

      Klingler, Sven; Syrstad, Olav (Working Paper;13/2019, Working paper, 2019)
      We argue that the planned transition toward alternative benchmark rates gives reason to mourn Libor. Guided by a model in which banks and non-banks can lend to each other, subject to realistic regulatory constraints, we ...
    • Business Cycle Analysis and VARMA Models 

      Kascha, Christian; Mertens, Karel (Working Papers;5/2008, Working paper, 2008)
      Can long-run identified structural vector autoregressions (SVARs) discriminate between competing models in practice? Several authors have suggested SVARs fail partly because they are finite-order approximations to ...
    • Business cycle narratives 

      Larsen, Vegard Høghaug; Thorsrud, Leif Anders (Working papers;3/2018, Working paper, 2018)
      This article quantifies the epidemiology of media narratives relevant to business cycles in the US, Japan, and Europe (euro area). We do so by first constructing daily business cycle indexes computed on the basis of the ...
    • Business Cycles in an Oil Economy: Lessons from Norway 

      Bergholt, Drago; Larsen, Vegard Høghaug (Working Papers;16/2016, Working paper, 2016)
      The recent oil price fall has created concern among policy makers regarding the consequences of terms of trade shocks for resource-rich countries. This concern is not a minor one – the world's commodity exporters combined ...
    • Calculating the Need for Housing in Norway 

      Molden, Birgitte Hovdan (Economic Commentaries;6/2011, Others, 2011)
      This article examines changes in the need for housing and the stock of available dwellings. A previous analysis conducted in 2008 indicates that growth in residential construction was lower than growth in demand in the ...
    • Calculation of Weights for the Regional Network 

      Martinsen, Kjetil; Wulfsberg, Fredrik (Staff Memo;5/2010, Working paper, 2010)
      This memo documents the structure and use of weights for observations from the regional network. With effect from round 3/09, observations from the network have been weighted using a new set of weights that better capture ...
    • Can the Price of Currency Options Provide an Indication of Market Perceptions of the Uncertainty Attached to the Krone Exchange Rate? 

      Eitrheim, Øyvind; Frøyland, Espen; Røisland, Øistein (Journal article, 1999)
      Prices in the currency options market can provide an indication of market perceptions of the uncertainty attached to future exchange rates. We have used these option prices to calculate the probability distribution for the ...
    • Can the price of currency options provide an indication of market perceptions of the uncertainty attached to the krone exchange rate? 

      Eitrheim, Øyvind; Frøyland, Espen; Røisland, Øistein (Journal article, 1999)
      Prices in the currency options market can provide an indication of market perceptions of the uncertainty attached to future exchange rates. We have used these option prices to calculate the probability distribution for the ...
    • CDO-er: Nye muligheter for å investere i kredittmarkedet 

      Rakkestad, Ketil Johan; Weme, Sindre (Journal article, 2006)
      Omsettelige instrumenter for overføring av og handel med kredittrisiko er blitt stadig mer utbredt de senere årene. Denne artikkelen tar spesielt for seg én klasse av slike instrumenter, såkalte Collateralized Debt ...
    • Central Bank Modernization 

      Akram, Q. Farooq; Banda, Lenia; Bøhn, Harald; Caesar, Ellen Johanne; Christiansen, Anne Berit; Eide, Jostein; Eklund, Trond; Enge, Asbjørn; Evjen, Snorre; Ford, Chris; Jonassen, Morten; Ligoya, Perks; Natvig, Peder; Nyirongo, Neil; Mdwazika, Fraser; Qvigstad, Jan F.; Selnes, Steinar; Solheim, Jon A.; Watne, Kjetil; Zeleza, Moza; Zephirin, Mary G. (Occasional Papers;40, Book, 2010)
    • Central Banks Under German Rule During World War II: The Case of Norway 

      Espeli, Harald (Working Papers;2/2012, Working paper, 2012)
      Until the German invasion of Norway 9 April 1940 the Norwegian central bank had been one of the most independent in Western Europe. This article investigates the agency of the Norwegian central bank during the German ...
    • Central Clearing and Risk Transformation 

      Cont, Rama (Working Papers;3/2017, Working paper, 2017)
      The clearing of over-the-counter transactions through central counterparties (CCPs), one of the pillars of financial reform following the crisis of 2007-2008, has promoted CCPs as key elements of the new global financial ...