Browsing Arbeidsnotater / Working Papers by Author "Gulbrandsen, Magnus A. H."
Now showing items 1-2 of 2
-
How does monetary policy affect household indebtedness?
Fagereng, Andreas; Gulbrandsen, Magnus A. H.; Holm, Martin B.; Natvik, Gisle J. (Working Paper;5/2021, Working paper, 2021)Households’ debt-to-income ratios change due to (a) primary deficits or (b) "Fisher effects" from interest costs, income growth, and inflation. With Norwegian micro data, we estimate how monetary policy affects household ... -
Peer effects and debt accumulation: Evidence from lottery winnings
Gulbrandsen, Magnus A. H. (Working Paper;10/2021, Working paper, 2021)I estimate the effect of lottery winnings on peers' debt accumulation using administrative data from Norway. I identify neighbors of lottery winners, and estimate an average debt response of 2.1 percent of the lottery ...