Research at Norges Bank includes theoretical and empirical research on monetary policy issues, financial markets and asset management. Read more about research at Norges Bank.
Stock Market Liquidity and the Business Cycle by Randi Næs, Johannes Skjeltorp and Bernt Arne Ødegård. Forthcoming in Journal of Finance.
Estimating the Natural Rates in a simple New Keynesian Framework by Hilde C. Bjørnland, Kai Leitemo, and Junior Maih. Forthcoming in Empirical Economics.
Inflation and Labor Market Dynamics Revisited by Tommy Sveen and Lutz Weinke. Journal of Monetary Economics 56(8), 1096–1100.
What horizon for targeting inflation? by Farooq Akram. Forthcoming in Empirical Economics.
A Quantitative Discursive Dilemma by Carl Andreas Claussen and Øistein Røisland. Forthcoming in Social Choice and Welfare.
Monetary policy and exchange rate overshooting: Dornbusch was right after all by Hilde C. Bjørnland. Journal of International Economics, 79(1), pp. 64-77.
Combining Inflation Density Forecasts by Christian Kascha and Francesco Ravazzolo. Journal of Forecasting, 29 (2010), pp. 231-250.
Forecast Accuracy and Economic Gains from Bayesian Model Averaging using Time Varying Weights by Lennart Hoogerheide, Richard Kleijn, Francesco Ravazzolo, Herman K. van Dijk, and Marno Verbeek. Journal of Forecasting, 29 (2010), pp. 251-269.
Stress Testing the Enterprise Sector's Bank Debt: A Micro Approach by Eivind Bernhardsen and Bjørn Dyre Syversten. International Journal of Central Banking 5(3), pp. 111–138.
Commodity prices, interest rates and the dollar by Farooq Akram. Energy Economics, 2009, vol. 31, pp. 838-851.
A Real Options Approach for Evaluating the Implementation of a Risk Sensitive Capital Rule in Banks by Kjell Bjørn Nordal. Review of Financial Economics 18, pp. 132–141.
How Strong is the Case for Macroeconomic Real Wage Rigidity? by Steinar Holden and Fredrik Wulfsberg. Journal of Monetary Economics 56 (2009), pp. 605–615 .
Exchange Rate Forecasting, Order Flow and Macroeconomic Information by Dagfinn Rime, Lucio Sarno and Elvira Sojli. Journal of International Economics, 80(1), pp. 72-88.
Bayesian Estimation of Monetary Policy Preferences in a Medium-Scale DSGE Model by Pelin Ilbas. Forthcoming in the International Journal of Central Banking.
Government Spending and the Taylor Principle by Gisle James Natvik. The Journal of Money, Credit and Banking vol. 41, no.1 (February 2009), pp. 57–77.
Fiscal shocks and real rigidities by Francesco Furlanetto and Martin Seneca. The B.E. Journal of Macroeconomics (Topics). Vol. 9, Iss. 1, article 2.
Identifying the interdependence between US monetary policy and the stock market by Hilde C. Bjørnland and Kai Leitemo. Journal of Monetary Economics, 56(2), pp 275–282.
Does the law of one price hold in international financial markets? Evidence from tick data by Farooq Akram, Dagfinn Rime and Lucio Sarno. Journal of Banking and Finance, vol. 33, issue 10, pp. 1741-1754.
Forecast densities for economic aggregates from disaggregate ensembles, by Francesco Ravazzolo and Shaun P. Vahey
Term structure forecasting using macro factors and forecast combination, by Michiel de Pooter, Francesco Ravazzolo and Dick van Dijk
Real-time inflation forecasting in a changing world, by Jan J. J. Groen, Richard Paap and Francesco Ravazzolo
Macro modelling with many models, by Ida Wolden Bache, James Mitchell, Francesco Ravazzolo and Shaun P. Vahey
Social capital and the viability of stakeholder-oriented firms: Evidence from Norwegian savings banks, by Charlotte Ostergaard, Ibolya Schindele and Bent Vale
Do re-election probabilities influence public investment? by Jon H. Fiva and Gisle James Natvik
Bootstrapping the likelihood ratio cointegration test in error correction models with unknown lag order, by Christian Kascha and Carsten Trenkler
Price adjustments and inflation - evidence from Norwegian consumer price data 1975-2004, by Fredrik Wulfsberg
Forecast accuracy and economic gains from Bayesian model averaging using time varying weight, by Lennart Hoogerheide, Richard Kleijn, Francesco Ravazzolo, Herman K. van Dijk and Marno Verbeek
Monetary policy and exchange rate overshooting: Dornbusch was right after all, by Hilde C. Bjørnland