Staff Memo Financial Stability

Since the Global Financial Crisis, the call by the world’s monetary authorities has been to place much greater emphasis on financial stability. This includes elevating a

A simple (bivariate) correlation analysis showed that house prices, equity prices, credit growth, money growth, real exchange rates, short-term real interest rates and the

Such spillover effects may have serious implications for bank losses, which is the main reason why we closely follow developments in the household sector in the work on financial

Staff Memo inneholder utredninger og dokumentasjon skrevet av Norges Banks ansatte og andre forfattere tilknyttet Norges Bank.. Synspunkter og konklusjoner i arbeidene er ikke

2) CPI adjusted for tax changes and excluding temporary changes in energy prices. See Staff Memo 2008/7 and Staff Memo 2009/3 from Norges Bank for a description of the CPIXE..

Chart 1.15 Value of cash in circulation as a share of means of payment (M1), household consumption and mainland GDP.. Chart 1.16 Cash as a share of means of payments (M1) in

Figur 1.20 Styringsrente og renteutvikling som følger av Norges Banks gjennomsnittlige mønster i rentesettingen 1). Nærmere utdyping er gitt i Staff Memo 3/08 Kilde: Norges

Norges Bank has developed a new quantitative model for analysing banks’ credit risk in the enterprise sector. The new model predicts individual bankruptcy probabilities as a function