Now showing items 256-261 of 261

    • What do banks lose money on during crises? 

      Solheim, Haakon; Kragh-Sørensen, Kasper (Staff Memo;3/2014, Working paper, 2014)
      We look at a wide range of national and international crises to identify banks' exposures to losses during banking crises. We find that banks generally sustain greater losses on corporate loans than on household loans. ...
    • What drives office rents? 

      Bjørland, Christian; Hagen, Marius (Staff Memo;12/2019, Working paper, 2019)
      Banks have substantial exposures to commercial real estate (CRE). Rental prices are important for CRE companies’ debt-service capacity, which in turn affects the risk of future bank losses. In this paper, we estimate error ...
    • What Kind of Payments Settle in a Real Time Gross Settlement System? 

      Fevolden, Mats Bay; Smith, Lyndsie (Staff Memo;2/2018, Working paper, 2018)
      Central bank settlement systems are vital for payment intermediation and have an important role in monetary policy and financial stability. Few analyses exist that explain the purpose behind the payments that are settled ...
    • When Does an Interest Rate Path “Look Good”? Criteria for an Appropriate Future Interest Rate Path – a Practician’s Approach 

      Qvigstad, Jan F. (Staff Memo;6/2005, Working paper, 2005)
      When professor Lars E. O. Svensson (Princeton University) visited Norges Bank’s conference on monetary policy in 2004, he suggested we should “find an instrument-rate path such that projections of inflation and output gap ...
    • Why Do Norwegians Increase Their Savings When the Interest Rate Is Cut? 

      Liane, Gro M. (Staff Memo;15/2013, Working paper, 2013)
      This note aims to shed light on the relationship between interest rates and household savings in Norway. To this end, I use a simple life-cycle model that accounts for actual debt levels of Norwegian households. The starting ...
    • Why Regulate Banks? 

      Borchgrevink, Henrik; Søvik, Ylva; Vale, Bent (Staff Memo;16/2013, Working paper, 2013)
      In this note we seek to provide a first guide to how the economic literature explains the rationale for regulating banks. The guide is not exhaustive with respect to academic papers covered. Neither do we elaborate on how ...