• House Prices and Household Consumption 

      Grindaker, Morten Haabeth (Staff Memo;11/2017, Working paper, 2018)
      Neither standard economic theory nor empirical studies provide an unequivocal answer to the question of the effect of changes in house prices on household consumption. Estimating this effect empirically is demanding because ...
    • Sustainable Household Debt : Towards an Operational View and Framework 

      Lindquist, Kjersti-Gro (Staff Memo;33/2012, Working paper, 2012)
      From a broad financial stability perspective, sustainable household debt should be evaluated within a steady-state consumption-path approach. We calculate measures for households’ steady-state consumption based on average ...
    • That Uncertain Feeling - How Consumption Responds to Economic Uncertainty in Norway 

      Gudmundsson, Jørgen; Natvik, Gisle James (Staff Memo;23/2012, Working paper, 2012)
      Economic theory predicts that higher uncertainty motivates households to consume less. In this paper we empirically assess how household consumption in Norway responds to variation in economic uncertainty. We consider ...