Blar i Staff Memo på tittel
Viser treff 25-44 av 282
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Boligbygging og husholdningsvekst
(Staff Memo;12/2018, Working paper, 2018)De siste 10-15 årene har befolkningsveksten i Norge vært sterk, mens boligbyggingen har vært nokså lav. Samtidig bor folk i stadig mindre husholdninger. Økningen i antall husholdninger har vært høyere enn økningen i antall ... -
Boligmarkedet i pandemiåret 2020
(Staff Memo;6/2021, Working paper, 2021)Til tross for pandemien var boligprisveksten høy gjennom store deler av 2020. Lavere utlånsrenter, endringer i boligpreferanser og begrenset tilbud av nye boliger har bidratt til økt prispress, især i Oslo. Våre analyser ... -
Boligpriser og husholdningenes konsum
(Staff Memo;11/2017, Working paper, 2017)Verken standard økonomisk teori eller empiriske studier gir et entydig svar på hvilken betydning boligprisendringer har for husholdningenes forbruk. Empirisk er det krevende å anslå effekten fordi både boligpriser og konsum ... -
Bond Liquidity at the Oslo Stock Exchange
(Staff Memo;5/2017, Working paper, 2017)We characterize the liquidity of bond trading at the Oslo Stock Exchange (OSE). We use the complete history of bond prices quoted at the OSE from 1990 to 2016. We first characterize the market place, summarize trading ... -
Bond market fire sales and turbulence in the Norwegian FX market in March 2020
(Staff Memo;2/2021, Working paper, 2021)The world witnessed a meltdown in financial markets in March 2020 as the Covid-19 pandemic hit the global economy. In this memo we document how the turbulence affected Norwegian financial markets. We describe possible ... -
Calculation of Weights for the Regional Network
(Staff Memo;5/2010, Working paper, 2010)This memo documents the structure and use of weights for observations from the regional network. With effect from round 3/09, observations from the network have been weighted using a new set of weights that better capture ... -
Changes in Norges Bank’s Role and Activities in Cash Supply and Distribution
(Staff Memo;9/2017, Working paper, 2017)Norges Bank has made considerable changes in its role and activities in cash supply and distribution since the turn of the century, with the aim of enhancing efficiency in cash distribution and the payment system as a ... -
Clearingen i Norges Bank
(Staff Memo;22/2012, Working paper, 2012)I dag benyttes begrepet ”clearing” ofte om avregning av betalinger og handel i verdipapirer og derivater. De beløp aktørene skylder og har til gode mot hverandre regnes til en nettoposisjon for hver enkelt aktør, som så ... -
The commercial real estate market - no longer a “black box”
(Staff Memo;6/2022, Working paper, 2022)Norwegian banks’ exposure to commercial real estate (CRE) is substantial. Historically, banks in Norway and in other countries have incurred considerable losses on loans to this sector during financial crises. Publicly ... -
Comparing Monetary Policy Transparency. The Eijffinger and Geraats Index - a Comment
(Staff Memo;10/2008, Working paper, 2008)There is by now a large volume of literature on central bank transparency and communication. One branch of this literature compares transparency across central banks and over time. Recent contributions in this vein are ... -
Competitiveness and Regulation of Norwegian Banks
(Staff Memo;18/2013, Working paper, 2013)This report looks at the competitiveness of the Norwegian banking sector, in particular with respect to banking regulation and taxation. How do Norwegian banks perform relative to other European banks and relative to other ... -
Contingent Convertible Bonds (Cocos) Issued by European Banks
(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 ... -
The cost efficiency improvement of Norwegian banks can be explained by automation and digitalisation
(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 in the Norwegian Payment System
(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
(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
(Staff Memo;5/2009, Working paper, 2009) -
Countercyclical Capital Buffer Proposal : An Analysis for Norway
(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
(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 ... -
CPIXE and Projections for Energy Prices
(Staff Memo;7/2008, Working paper, 2008)This paper describes the new indicator of underlying inflation used at Norges Bank, the consumer price index adjusted for tax changes and excluding temporary changes in energy prices (CPIXE). In particular, we discuss the ... -
Credit, Asset Prices and Monetary Policy
(Staff Memo;13/2010, Working paper, 2010)Based on the established literature, we develop a structural model for the Norwegian economy that incorporates feed-backs from asset prices and credit to the real economy. We then use this framework for policy analysis, ...