• Collective Economic Decisions and the Discursive Dilemma 

      Claussen, Carl Andreas; Røisland, Øistein (Working Papers;3/2005, Working paper, 2005)
      Most economic decisions involve judgments. When decisions are taken collectively, various judgment aggregation problems may occur. Here we consider an aggregation problem called the discursive dilemma , which is characterized ...
    • Combination Schemes for Turning Point Predictions 

      Billio, Monica; Casarin, Roberto; Ravazzolo, Francesco; van Dijk, Herman K. (Working Papers;4/2012, Working paper, 2012)
      We propose new forecast combination schemes for predicting turning points of business cycles. The combination schemes deal with the forecasting performance of a given set of models and possibly providing better turning ...
    • Combined Density Nowcasting in an Uncertain Economic Environment 

      Aastveit, Knut Are; Ravazzolo, Francesco; van Dijk, Herman K. (Working Papers;17/2014, Working paper, 2014)
      We introduce a Combined Density Nowcasting (CDN) approach to Dynamic Factor Models (DFM) that in a coherent way accounts for time-varying uncertainty of several model and data features in order to provide more accurate and ...
    • Combining Forecast Densities from VARs with Uncertain Instabilities 

      Jore, Anne Sofie; Mitchell, James; Vahey, Shaun P. (Working Papers;1/2008, Working paper, 2008)
      Clark and McCracken (2008) argue that combining real-time point forecasts from VARs of output, prices and interest rates improves point forecast accuracy in the presence of uncertain model instabilities. In this paper, we ...
    • Combining Inflation Density Forecasts 

      Kascha, Christian; Ravazzolo, Francesco (Working Papers;22/2008, Working paper, 2008)
      In this paper, we empirically evaluate competing approaches for combining inflation density forecasts in terms of Kullback-Leibler divergence. In particular, we apply a similar suite of models to four different data sets ...
    • Combining Predictive Densities Using Bayesian Filtering with Applications to Us Economics Data 

      Billio, Monica; Casarin, Roberto; Ravazzolo, Francesco; van Dijk, Herman K. (Working Papers;29/2010, Working paper, 2010)
      Using a Bayesian framework this paper provides a multivariate combination approach to prediction based on a distributional state space representation of predictive densities from alternative models. In the proposed approach ...
    • Combining VAR and DSGE Forecast Densities 

      Bache, Ida Wolden; Jore, Anne Sofie; Mitchell, James; Vahey, Shaun P. (Working Papers;23/2009, Working paper, 2009)
      A popular macroeconomic forecasting strategy takes combinations across many models to hedge against instabilities of unknown timing; see (among others) Stock and Watson (2004), Clark and McCracken (2010), and Jore et al. ...
    • Commemorative 20-Krone Coin 2000 

      Ukjent forfatter (Journal article, 2000)
    • Commemorative Coin to Mark the New Millennium 

      Ukjent forfatter (Journal article, 1999)
    • Commemorative Coins for the 100th Anniversary of the Nobel Peace Prize 

      Ukjent forfatter (Journal article, 2001)
    • Commercial Real Estate in Norway 

      Hagen, Marius (Economic Commentaries;6/2016, Others, 2016)
      Norwegian banks' corporate loan exposure is highest in the commercial real estate market. Over the past 40 years, lending to the commercial real estate sector has played an important role in causing bank losses. Commercial ...
    • The commercial real estate market - no longer a “black box” 

      Bjørland, Christian; Hjelseth, Ida Nervik; Mulelid, John Henrik; Solheim, Haakon; Vatne, Bjørn Helge (Staff Memo;6/2022, Working paper, 2022)
      Norwegian banks’ exposure to commercial real estate (CRE) is substantial. Historically, banks in Norway and in other countries have incurred considerable losses on loans to this sector during financial crises. Publicly ...
    • Commodity Prices, Interest Rates and the Dollar 

      Akram, Q. Farooq (Working Papers;12/2008, Working paper, 2008)
      We investigate whether a decline in real interest rates and the US dollar contribute to higher commodity prices, and whether commodity prices tend to display overshooting behavior in response to changes in especially real ...
    • Communicating Monetary Policy Intentions: The Case of Norges Bank 

      Holmsen, Amund; Qvigstad, Jan F.; Røisland, Øistein; Solberg-Johansen, Kristin (Working Papers;20/2008, Working paper, 2008)
      Monetary policy works mainly through private agents’ expectations. How precisely future policy intentions are communicated has, according to theory, implications for the outcome of monetary policy. Norges Bank has gone ...
    • Comparing Behavioural Heterogeneity Across Asset Classes 

      Hommes, Cars H.; Zwinkels, Remco C.J.; ter Ellen, Saskia (Working Papers;12/2017, Working paper, 2017)
      We estimate a generic agent-based model in which agents have heterogeneous beliefs about the future price to see to what extent behaviour differs across assets, and what this implies for market stability. We find evidence ...
    • Comparing Monetary Policy Transparency. The Eijffinger and Geraats Index - a Comment 

      Claussen, Carl Andreas (Staff Memo;10/2008, Working paper, 2008)
      There is by now a large volume of literature on central bank transparency and communication. One branch of this literature compares transparency across central banks and over time. Recent contributions in this vein are ...
    • Comparing Norwegian Banks’ Capital Ratios 

      Andersen, Henrik (Journal article, 2011)
      The use of different approaches makes it difficult to compare the banks’ reported capital ratios. To improve the basis for comparing banks’ financial strength, in this article the same approach is employed to calculate ...
    • Competitiveness and Regulation of Norwegian Banks 

      Ulltveit-Moe, Karen Helene; Vale, Bent; Grindaker, Morten Haabeth; Skancke, Erling (Staff Memo;18/2013, Working paper, 2013)
      This report looks at the competitiveness of the Norwegian banking sector, in particular with respect to banking regulation and taxation. How do Norwegian banks perform relative to other European banks and relative to other ...
    • Components of Uncertainty 

      Larsen, Vegard Høghaug (Working Papers;5/2017, Working paper, 2017)
      Uncertainty is acknowledged to be a source of economic fluctuations. But, does the type of uncertainty matter for the economy's response to an uncertainty shock? This paper offers a novel identification strategy to disentangle ...
    • Computing the Distribution: Adaptive Finite Volume Methods for Economic Models with Heterogeneous Agents 

      Ahn, SeHyoun (Working Paper;10/2019, Working paper, 2019)
      Solving economic models with heterogenous agents requires computing aggregate dynamics consistent with individual behaviors. This paper introduces the finite volume method from the mathe-matics literature to enlarge the set ...