• Banks’ wholesale funding share as an indicator of financial vulnerability 

      Alstadheim, Ragna (Staff Memo;7/2020, Working paper, 2020)
      A review of theoretical links between the wholesale (or market) funding share of banks (WFS) and financial vulnerability is provided. The vulnerability may both be within the financial system, and in the non-financial ...
    • Bond market fire sales and turbulence in the Norwegian FX market in March 2020 

      Alstadheim, Ragna; Nordal, Kjell Bjørn; Syrstad, Olav; ter Ellen, Saskia; Wassas, May-Iren Walstad (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 ...
    • Exchange Rate Regimes in Norway 1816-2016 

      Alstadheim, Ragna (Staff Memo;15/2016, Working paper, 2016)
      An overview of exchange rate regimes in Norway since 1816 is provided in a table which is divided into five sections; corresponding to the parts of the Norwegian monetary history defined and discussed in Eitrheim, Klovland ...
    • Monetary Policy Analysis in Practice 

      Alstadheim, Ragna; Bache, Ida Wolden; Holmsen, Amund; Maih, Junior; Røisland, Øistein (Staff Memo;11/2010, Working paper, 2010)
      Norges Bank is one of few central banks publishing an interest rate fore- cast. This paper discusses how we derive and communicate the interest rate forecast. To produce the forecasts, the Bank uses a medium-sized small ...
    • Optimal variable bank capital requirements 

      Alstadheim, Ragna (Staff Memo;9/2021, Working paper, 2021)
      The purpose of the “counter-cyclical capital buffer” (buffer) is to dampen procyclicality in the financial system, absorb capital losses and prevent a credit crunch during recessions. In this paper, a stylized analytical ...