Browsing Staff Memo by Author "Borchgrevink, Henrik"

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    • Macroprudential Regulation - What, Why and How? 

      Borchgrevink, Henrik; Ellingsrud, Sigmund; Hansen, Frank (Staff Memo;13/2014, Working paper, 2014)
      This paper reviews recent literature on the theoretical foundations of macroprudential regulation. We identify six categories of market failures that give rise to macroprudential concerns; pecuniary externalities, ...

    • 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 ...