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dc.contributor.authorVonen, Nikka Husom
dc.description.abstractFinancial conditions indexes (FCIs) may be useful tools for policymakers because they may have the ability to summarize overall financial conditions for households and companies and at the same time provide timely information on real economic activity. A monthly FCI for Norway is constructed by using principal components based on 13 financial variables. Real-financial linkages are examined by correlation analyses and by analyzing in- and out-of-sample fit of a regression model. Through this exercise the FCI is found to be a useful leading indicator of Norwegian GDP growth. Alternative FCIs are also considered, in particular an FCI based on variables purged of business cycle effects.nb_NO
dc.publisherNorges Banknb_NO
dc.relation.ispartofseriesStaff Memo;7/2011
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internasjonal*
dc.titleA Financial Conditions Index for Norwaynb_NO
dc.typeWorking papernb_NO
dc.subject.nsiVDP::Samfunnsvitenskap: 200::Økonomi: 210nb_NO

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Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal