Browsing BI Open by Author "Wold, Ella Getz"
Now showing items 1-3 of 3
-
The household effects of mortgage regulation
Aastveit, Knut Are; Juelsrud, Ragnar Enger; Wold, Ella Getz (CAMP Working Paper Series;07/2021, Working paper, 2021-12)We evaluate the impact of mortgage regulation on child and parent household balance sheets, highlighting important trade-offs in terms of financial vulnerability. Using Norwegian tax data, we show that loan-to-value caps ... -
Kaldor and Piketty’s Facts: The Rise of Monopoly Power in the United States
Eggertsson, Gauti; Robbins, Jacob; Wold, Ella Getz (Journal article; Peer reviewed, 2021)The macroeconomic data of the last fifty years have overturned at least two of Kaldor’s famous stylized growth facts: constant interest rates, and a constant labor share. At the same time, the research of Piketty and others ... -
Negative nominal interest rates and the bank lending channel
Eggertsson, Gauti; Summers, Lawrence H.; Juelsrud, Ragnar Enger; Wold, Ella Getz (Peer reviewed; Journal article, 2023)We investigate the bank lending channel of negative nominal policy rates from an empirical and theoretical perspective. For the empirical results we rely on Swedish data, including daily banklevel lending rates. We find ...