Browsing Staff Memo by Author "Halvorsen, Elin"
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Debt and Household Consumption Responses
Fagereng, Andreas; Halvorsen, Elin (Staff Memo;1/2016, Working paper, 2016)Norwegian households’ levels of housing wealth have since the banking crisis of the 90s become an ever more dominant part of households’ portfolios. Low interest rates and easy access to mortgages have contributed to both ...