• Conditional Forecasting with DSGE Models - a Conditional Copula Approach 

      Paulsen, Kenneth Sæterhagen (Working Papers;4/2017, Working paper, 2017)
      DSGE models may be misspecified in many dimensions, which can affect their forecasting performance. To correct for these misspecifications we can apply conditional information from other models or judgment. Conditional ...
    • Conditional Forecasts in DSGE Models 

      Maih, Junior (Working Papers;7/2010, Working paper, 2010)
      New-generation DSGE models are sometimes misspecified in dimensions that matter for their forecasting performance. The paper suggests one way to improve the forecasts of a DSGE model using a conditioning information that ...
    • Consequences of an Abrupt Slowdown in China’s Property Market 

      Slettvåg, Bjørnar K. (Economic Commentaries;5/2014, Others, 2014)
      The Chinese property market probably poses one of the greatest downside risks to the global economy in 2014. Construction starts this spring were 20 percent lower than at the same time last year. At the same time, the stock ...
    • Consumption and Population Age Structure 

      Erlandsen, Solveig K.; Nymoen, Ragnar (Working Papers;22/2004, Working paper, 2004)
      In this paper the effects on aggregate consumption of changes in the age distribution of the population are analysed empirically. Economic theories predict that age influences individuals’ saving and consumption behaviour. ...
    • Contingent Convertible Bonds (Cocos) Issued by European Banks 

      Nordal, Kjell Bjørn; Stefano, Nicolas (Staff Memo;19/2014, Working paper, 2014)
      During the recent global financial crisis, numerous banking institutions faced acute capital strain. In order to support banking sectors, many governments stepped in and propped up financial institutions, often at the ...
    • Continuous Linked Settlement - valuta for pengene 

      Andresen, Ingrid; Bakke, Bjørn (Journal article, 2004)
      Valutaoppgjørssystemet CLS ble satt i drift høsten 2002 for oppgjør av handler i verdens syv største valutaer, og inkluderer fra høsten 2003 også norske kroner. CLS introduserer «payment versus payment» i valutaoppgjøret ...
    • Contributions to a History of Prices in Norway: Monthly Price Indices, 1777-1920 

      Klovland, Jan Tore (Working Papers;23/2013, Working paper, 2013)
      This study reports the outcome of an effort to collect market price data for Norway with a view to constructing monthly price indices from the year 1777 to 1920. The material covers data on commodity prices from agriculture, ...
    • Coordination, Fair Treatment and Inflation Persistence 

      Driscoll, John C.; Holden, Steinar (Working Papers;15/2002, Working paper, 2002)
      Most wage-contracting models with rational expectations fail to replicate the persistence in inflation observed in the data. We argue that coordination problems and multiple equilibria are the keys to explaining inflation ...
    • Corporate governance – i et nøtteskall 

      Eckbo, B. Espen (Journal article, 2006)
      Artikkelen gir en kort historisk oversikt over sentrale temaer innen dagens corporate governance-debatt, med fokus spesielt på USA og Europa. Behovet for beskyttelse av minoritetsaksjonærenes interesser fremheves, og det ...
    • The cost efficiency improvement of Norwegian banks can be explained by automation and digitalisation 

      Andersen, Henrik (Staff Memo;9/2020, Working paper, 2020)
      Operating costs in the Norwegian banking sector have been reduced considerably in recent decades, both as a share of income and assets. This has increased banks’ resilience to increased losses and reduced the risk of crises. ...
    • Costs and Income in the Norwegian Payment System 2001. An Application of the Activity Based Costing Framework 

      Gresvik, Olaf; Øwre, Grete (Working Papers;8/2003, Working paper, 2003)
      This paper summarizes a survey of costs and income in the payment system of Norwegian banks in 2001. The cost analysis was carried out by using the activity based costing (ABC) framework. The results from this analysis are ...
    • Costs in the Norwegian Payment System 

      Gresvik, Olaf; Haare, Harald (Staff Memo;4/2009, Working paper, 2009)
      We calculate social and private cost for the use and production of payment services in Norway for 2007. The calculations include banks’, merchants’ and households’ cost for cash, cards and giro payments. The social cost ...
    • Costs in the Norwegian Payment System 2007 – a Brief Overview of the Surveys and Results 

      Gresvik, Olaf; Haare, Harald (Staff Memo;9/2008, Working paper, 2008)
      The analysis covers social costs associated with payment cards, giros and cash. The bulk of retail payments in Norway are settled by means of these instruments. The social costs of using and producing these payment services ...
    • Costs in the Norwegian Payment System : Questionnaires 

      Gresvik, Olaf; Haare, Harald (Staff Memo;5/2009, Working paper, 2009)
    • Costs in the Payment System 

      Gresvik, Olaf; Haare, Harald (Journal article, 2009)
      This article presents the estimated costs in 2007 of the use and production of the most common Norwegian payment services: payment cards, giros and cash. The social cost of using and producing payment services was NOK 11 ...
    • Countercyclical Capital Buffer Proposal : An Analysis for Norway 

      Vo, Thi Quynh Anh (Staff Memo;3/2011, Working paper, 2011)
      This paper evaluates the ability of some macro variables, namely GDP growth, credit growth, credit to GDP ratio and property prices in guiding the accumulation of a capital buffer above the minimum during the credit expansion ...
    • The countercyclical capital buffer: A cross-country overview of policy frameworks 

      Arbatli-Saxegaard, Elif C.; Muneer, Mohammad Adnan (Staff Memo;6/2020, Working paper, 2020)
      The countercyclical capital buffer (CCyB) is a relatively new macroprudential tool, but the number of countries that have set a positive buffer level increased significantly over recent years. Furthermore, during the ...
    • Countercyclical capital requirement reductions, state dependence and macroeconomic outcomes 

      Juelsrud, Ragnar E.; Arbatli-Saxegaard, Elif C. (Working Paper;9/2020, Working paper, 2020)
      We use bank-, loan- and firm-level data together with a quasi-natural experiment to estimate the impact of capital requirement reductions on bank lending and real economic outcomes. We find that capital requirement reductions ...
    • Covered bonds and bank portfolio rebalancing 

      Cao, Jin; Juelsrud, Ragnar E.; Sondershaus, Talina (Working Paper;6/2021, Working paper, 2021)
      We use administrative and supervisory data at the bank and loan level to investigate the impact of the introduction of covered bonds on the composition of bank balance sheets and bank risk. Covered bonds, despite being ...
    • Covered Interest Parity in long-dated securities 

      Syrstad, Olav (Working Paper;11/2020, Working paper, 2020)
      This paper investigates the validity of Covered Interest Rate Parity (CIP) in longdated fixed income securities. I show that common measures of CIP rely on trading strategies subject to rollover risk and credit risk, or ...