Browsing BI Open by Author "Juelsrud, Ragnar E."
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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 ... -
Macroeconomic uncertainty and bank lending
Juelsrud, Ragnar E.; Larsen, Vegard H. (CAMP Working Paper Series;05/2022, Working paper, 2022-11)We investigate the impact of macro-related uncertainty on bank lending in Norway. We show that an increase in general macroeconomic uncertainty reduces bank lending. Importantly, however, we show that this effect is largely ...