• A macroprudential contagion stress test framework 

      Bjørland, Christian; Kockerols, Thore (Staff Memo;4/2020, Working paper, 2020)
      We develop a macroprudential contagion stress test framework to examine how a network of Norwegian banks can amplify a shock to bank capital at the macro level. The framework looks at how fire sales of common asset holdings ...
    • Næringseiendomsmarkedet - ikke lenger en «svart boks» 

      Bjørland, Christian; Hjelseth, Ida Nervik; Mulelid, John Henrik; Solheim, Haakon; Vatne, Bjørn Helge (Staff Memo;6/2022, Working paper, 2022)
      Norske banker har en stor eksponering mot næringseiendom. Historisk har banker i Norge og internasjonalt tapt mye på utlån til næringen i finansielle kriser. Offentlig tilgjengelig informasjon har vært begrenset. Det skyldes ...
    • 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 ...