Browsing Arbeidsnotater / Working Papers by Subject "JEL: C21"
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Pursuing Financial Stability Under an Inflation-Targeting Regime
(Working Papers;8/2006, Working paper, 2006)We evaluate two main views on pursuing financial stability within a flexible inflation-targeting regime. It appears that potential gains from an activist or precautionary approach to promoting financial stability are highly ... -
Testing for Micro Efficiency in the Housing Market
(Working Papers;6/2016, Working paper, 2016)While aggregate house price indices display time persistence, less is known about micro persistence. This article proposes that absence of micro persistence implies that an excessively high or low sell price in one transaction ...