Blar i Arbeidsnotater / Working Papers på tittel

Viser treff 103-122 av 472

    • Early Warning Indicators for Norwegian Banks: A Logit Analysis of the Experiences from the Banking Crisis 

      Berg, Sigbjørn Atle; Hexeberg, Barbro (Working Papers;1/1994, Working paper, 1994)
      Most existing early warning studies for the banking industry are based on U.S. data. The present paper considers the experiences made during the Norwegian banking crisis 1988- 92. The performance of a set of possible early ...

    • ECB Spillovers and Domestic Monetary Policy Effectiveness in Small Open Economies 

      ter Ellen, Saskia; Jansen, Edvard; Midthjell, Nina Larsson (Working Paper;9/2018, Working paper, 2018)
      In this paper we study financial spillovers from the European Central Bank's (ECB) monetary policy and communication, and whether they have consequences for the effectiveness of domestic monetary policy of small open ...

    • Econometric Inflation Targeting 

      Bårdsen, Gunnar; Jansen, Eilev S.; Nymoen, Ragnar (Working Papers;5/1999, Working paper, 1999)
      Inflation targeting makes the Central Bank’s conditional inflation forecast the operational target for monetary policy. Successful inflation targeting requires knowing the transmission mechanisms to inflation from shocks ...

    • Economic Uncertainty and the Effectiveness of Monetary Policy 

      Aastveit, Knut Are; Natvik, Gisle James; Sola, Sergio (Working Papers;17/2013, Working paper, 2013)
      This paper explores if economic uncertainty alters the macroeconomic influence of monetary policy. We consider several measures of U.S. economic uncertainty, and estimate their interaction effects with monetary policy ...

    • Efficient Consumption of Revenues from Natural Resources - an Application to Norwegian Petroleum Revenues 

      Akram, Q. Farooq (Working Papers;1/2005, Working paper, 2005)
      This paper addresses the so-called natural resource curse by devising a rule that can reduce macroeconomic costs associated with the consumption of revenues from natural resources. It assumes that such macroeconomic costs ...

    • Efficient Perturbation Methods for Solving Regime-Switching DSGE Models 

      Maih, Junior (Working Papers;1/2015, Working paper, 2015)
      In an environment where economic structures break, variances change, distributions shift, conventional policies weaken and past events tend to reoccur, economic agents have to form expectations over different regimes. This ...

    • Empirical Modelling of Norwegian Import Prices 

      Bache, Ida Wolden (Working Papers;1/2002, Working paper, 2002)
      In this paper we investigate the formation of Norwegian import prices of manufactures over the period 1970(1)–1998(3), thereby extending the sample period used in the study by Naug and Nymoen (1996). If international goods ...

    • Employment Behaviour in Slack and Tight Labour Markets 

      Akram, Q. Farooq; Nymoen, Ragnar (Working Papers;7/2001, Working paper, 2001)
      Empirical and theoretical studies suggest that employment behaviour varies with the state of the labour market since hiring and firings costs depend on the availability of labour. Extending earlier empirical work on this ...

    • En effisient handlingsregel for bruk av petroleumsinntekter 

      Akram, Q. Farooq (Arbeidsnotater;17/2004, Working paper, 2004)
      Denne artikkelen undersøker hvor mye vi bør bruke av petroleumsinntektene hvis vi samtidig skal minimere kostnadene ved å bruke dem. Slike kostnader forbindes med sektoromstillinger som ikke kan opprettholdes og må reverseres ...

    • Endogenous Product Differentiation in Credit Markets: What Do Borrowers Pay For? 

      Kim, Moshe; Kristiansen, Eirik Gaard; Vale, Bent (Working Papers;8/2001, Working paper, 2001)
      This paper studies strategies pursued by banks in order to differentiate their services and soften competition. More specifically we analyse whether bank's ability to avoid losses, its capital ratio, or bank size can be ...

    • Equity Trading by Institutional Investors: Evidence on Order Submission Strategies 

      Næs, Randi; Skjeltorp, Johannes A. (Working Papers;12/2002, Working paper, 2002)
      The trading volume channeled through off-market crossing networks is growing. Passive matching of orders outside the primary market lowers several components of execution costs compared to regular trading. On the other ...

    • Error-Correction Versus Differencing in Macroeconometric Forecasting 

      Eitrheim, Øyvind; Husebø, Tore Anders; Nymoen, Ragnar (Working Papers;6/1998, Working paper, 1998)
      Recent work by Clements and Hendry have shown why forecasting systems that are in terms of differences, dVARs, can be more accurate than economet- ric models that include levels variables, ECMs. For example, dVAR forecasts ...

    • Estimating firms’ bank-switching costs 

      Liaudinskas, Karolis; Grigaitė, Kristina (Working Paper;4/2021, Working paper, 2021)
      We explore Lithuanian credit register data and two bank closures to provide a novel estimate of firms’ bank-switching costs and a novel identification of the hold-up problem. We show that when a distressed bank’s closure ...

    • Estimating hysteresis effects 

      Furlanetto, Francesco; Robstad, Ørjan; Ulvedal, Pål; Lepetit, Antoine (Working Paper;13/2020, Working paper, 2020)
      In this paper we extend the standard Blanchard-Quah decomposition to enable fluctuations in aggregate demand to have a long-run impact on the productive capacity of the economy through hysteresis effects. These demand ...

    • Estimating New Keynesian Import Price Models 

      Bache, Ida Wolden; Naug, Bjørn E. (Working Papers;15/2007, Working paper, 2007)
      We estimate a range of New Keynesian import price models for Norway and the UK. Contrary to standard pass-through regression analysis, this approach allows us to make a distinction between the parameters in theoretical ...

    • Estimating the Natural Rates in a Simple New Keynesian Framework 

      Bjørnland, Hilde C.; Leitemo, Kai; Maih, Junior (Working Papers;10/2007, Working paper, 2007)
      The time-varying natural rate of interest and output and the implied medium term inflation target for the US economy are estimated over the period 1983-2005. The estimation is conducted within the New-Keynesian framework ...

    • Estimating the Output Gap in Real Time: A Factor Model Approach 

      Aastveit, Knut Are; Trovik, Tørres G. (Working Papers;23/2008, Working paper, 2008)
      An approximate dynamic factor model can substantially improve the reliability of real time output gap estimates. The model extracts a common component from macroeconomic indicators, which reduces errors in the gap due to ...

    • Estimering av indikatorer for volatilitet 

      Rakkestad, Ketil Johan (Arbeidsnotater;3/2002, Working paper, 2002)
      Notatet omhandler ulike metoder for estimering av volatilitetsindikatorer for finansielle aktiva. Det gis en presentasjon av de enkleste statistiske volatilitetsindikatorene basert på avkastningsserier for finansielle ...

    • Evaluating Ensemble Density Combination - Forecasting GDP and Inflation 

      Gerdrup, Karsten R.; Jore, Anne Sofie; Smith, Christie; Thorsrud, Leif Anders (Working Papers;19/2009, Working paper, 2009)
      Forecast combination has become popular in central banks as a means to improve forecasts and to alleviate the risk of selecting poor models. However, if a model suite is populated with many similar models, then the weight ...

    • Evaluation of Macroeconomic Models for Financial Stability Analysis 

      Bårdsen, Gunnar; Lindquist, Kjersti-Gro; Tsomocos, Dimitrios P. (Working Papers;1/2006, Working paper, 2006)
      As financial stability has gained focus in economic policymaking, the demand for analyses of financial stability and the consequences of economic policy has increased. Alternative macroeconomic models are available for ...