Browsing BI Open by Author "Getz Wold, Ella"

Now showing items 1-4 of 4

    • The housing channel of intergenerational wealth persistence 

      Getz Wold, Ella; Aastveit, Knut Are; Eylands Brandsaas, Eirik; Enger Juelsrud, Ragnar; James Natvik, Gisle (HOFIMAR Working Paper Series;6/2024, Working paper, 2024-09)
      We use Norwegian micro data and a life-cycle model with housing to study how wealth transmits across generations through the housing market. A mediation analysis reveals large housing gaps based on parental wealth. A ...

    • The importance of unemployment risk for individual savings 

      Juelsrud, Ragnar E.; Getz Wold, Ella (HOFIMAR Working Paper Series;6/2023, Working paper, 2023)
      In this paper we use a novel natural experiment and Norwegian tax data to quantify the causal impact of unemployment risk on individual savings. We show theoretically that higher unemployment risk increases liquid savings ...

    • The leverage-liquidity trade-of mortgage regulation 

      Aastveit, Knut Are; Enger Juelsrud, Ragnar; Getz Wold, Ella (HOFIMAR Working Paper Series;4/2023, Working paper, 2023)
      We evaluate the impact of loan-to-value restrictions on household financial vulnerability. Using Norwegian tax data, we first document a beneficial leverage effect, in which households respond to the regulation by reducing ...

    • Risk-weighted capital requirements and portfolio rebalancing 

      Juelsrud, Ragnar Enger; Getz Wold, Ella (Journal article; Peer reviewed, 2018)
      We use a 2013 Norwegian policy reform to study how banks react to higher capital requirements and how these adjustments transmit to the real economy. Using bank balance sheet data, we document that banks raise capital ...