dc.contributor.author | Brubakk, Leif | |
dc.contributor.author | Gelain, Paolo | |
dc.date.accessioned | 2018-07-31T07:47:00Z | |
dc.date.available | 2018-07-31T07:47:00Z | |
dc.date.issued | 2014 | |
dc.identifier.isbn | 978-82-7553-813-8 | |
dc.identifier.issn | 1504-2596 | |
dc.identifier.uri | http://hdl.handle.net/11250/2506909 | |
dc.description.abstract | This paper documents the theoretical structure of an extension of the Norges Bank policy model NEMO. New features include an explicit treatment of the credit market, including a separate banking sector, a role for housing services and house prices, and the option of using macro-prudential instruments as the LTV-ratio and capital requirements as policy instruments. The model rely on building blocks from the recent literature on the interaction between the financial sector and the real economy. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | Norges Bank | nb_NO |
dc.relation.ispartofseries | Staff Memo;10/2014 | |
dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no | * |
dc.subject | DSGE | nb_NO |
dc.subject | credit market frictions | nb_NO |
dc.subject | banking sector | nb_NO |
dc.title | Financial Factors and the Macroeconomy - a Policy Model | nb_NO |
dc.type | Working paper | nb_NO |
dc.subject.nsi | VDP::Samfunnsvitenskap: 200::Økonomi: 210 | nb_NO |
dc.source.pagenumber | 35 | nb_NO |