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Langvarige konsekvenser i arbeidsmarkedet

Ellingsen, Nicolai; Galaasen, Sigurd Mølster (Staff Memo;1/2021, Working paper, 2021)

Vi studerer langvarig sysselsettingskonsekvenser av dype økonomiske nedgangstider ved å utnytte den geografiske variasjonen i lokale økonomiske forhold i etterkant av oljepriskollapsen i 2014. Vi dokumenterer en negativ ...

Bond market fire sales and turbulence in the Norwegian FX market in March 2020

Alstadheim, Ragna; Nordal, Kjell Bjørn; Syrstad, Olav; ter Ellen, Saskia; Wassas, May-Iren Walstad (Staff Memo;2/2021, Working paper, 2021)

The world witnessed a meltdown in financial markets in March 2020 as the Covid-19 pandemic hit the global economy. In this memo we document how the turbulence affected Norwegian financial markets. We describe possible ...

Climate risk and commodity currencies

Kapfhammer, Felix; Larsen, Vegard H.; Thorsrud, Leif Anders (Working Paper;18/2020, Working paper, 2020)

The positive relationship between real exchange rates and natural resource income is well understood and studied. However, climate change and the transition to a lower-carbon economy now challenges this relationship. We ...

Pengepolitisk rapport med vurdering av finansiell stabilitet 4/20

Olsen, Øystein (Pengepolitisk rapport;4/2020, Report, 2020)

Monetary Policy Report with financial stability assessment 4/20

Olsen, Øystein (Monetary policy report;4/2020, Report, 2020)

Nowcasting Norwegian household consumption with debit card transaction data

Aastveit, Knut Are; Fastbø, Tuva Marie; Granziera, Elenora; Paulsen, Kenneth Sætherhagen; Torstensen, Kjersti Næss (Working Paper;17/2020, Working paper, 2020)

We use a novel data set covering all domestic debit card transactions in physical terminals by Norwegian households, to nowcast quarterly Norwegian household consumption. These card payments data are free of sampling errors ...

Norges Banks vurdering av interbanksystemet NICS, og DNBs og SpareBank 1 SMNs oppgjørsbanksystem mot internasjonale prinsipper for finansielle infrastrukturer

Unknown author (Norges Bank Memo;4/2020, Report, 2020)

Norges Bank skal etter sentralbankloven fremme et effektivt og sikkert betalingssystem, og overvåke betalingssystemet. Norges Bank gir konsesjon og fører tilsyn med oppgjørssystem for pengeoverføringer mellom bankene. ...

Estimates of banks' losses on loans to the corporate sector

Hjelseth, Ida Nervik; Saxegaard, Elif Arbatli; Solheim, Haakon; Vatne, Bjørn H. (Staff Memo;10/2020, Working paper, 2020)

Loans to non-ﬁnancial enterprises are the main source of banks’ losses. Analyses of banks’ losses on corporate loans are therefore important in the assessment of ﬁnancial stability. This paper presents Norges Bank’s framework ...

Etterprøving av Norges Banks anslag for 2018 og 2019

Unknown author (Norges Bank Memo;5/2020, Report, 2020)

Norges Banks anslag for den økonomiske utviklingen i norsk økonomi for 2018 og 2019 traff godt og anslagsfeilene var for det meste mindre enn i de foregående 20 årene. Etterprøvingen for 2018 og 2019 tyder på at anslagsapparatet ...

Liquidity in the Norwegian bond and certificate market in the first half of 2020

Unknown author (Norges Bank Papers;3/2020, Report, 2020)

The coronavirus outbreak and the pandemic that followed contributed to considerable volatility in Norwegian financial markets in March 2020. For a period, liquidity in the Norwegian bond and certificate market deteriorated ...