Now showing items 161-180 of 329

    • Lost in transition? Earnings losses of displaced petroleum workers 

      Ellingsen, Jon; Espegren, Caroline (CAMP Working Paper Series;06/2022, Working paper, 2022-12-01)
      We estimate the earnings losses of displaced petroleum workers using a matched employer-employee longitudinal data set from Norway, coupled with an event-study framework of the oil price drop in 2014. Displacement leads ...
    • Macroeconomic Forecasting with Large Stochastic Volatility in Mean VARs 

      Cross, Jamie L.; Hou, Chenghan; Koop, Gary; Poon, Aubrey (CAMP Working Paper Series;04/2021, Working paper, 2021-06-15)
      Vector autoregressions with stochastic volatility in both the conditional mean and variance are commonly used to estimate the macroeconomic effects of uncertainty shocks. Despite their popularity, intensive computational ...
    • 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 ...
    • Macroeconomics in the time of the Corona 

      Mehlum, Halvor; Torvik, Ragnar (CAMP Working Paper Series;04/2020, Working paper, 2020-06)
      For a developed market economies, the corona crisis is a new type of crisis, but this crisis has parallels to economies at other times, and to crises at other places. We discuss some mechanisms from the traditional macro ...
    • Markov Switching Panel with Network Interaction Effects 

      Agudze, Komla Mawulom; Billio, Monica; Casarin, Roberto; Ravazzolo, Francesco (CAMP Working Paper Series;1, Working paper, 2018-01)
      The paper introduces a new dynamic panel model for large data sets of time series, each of them characterized by a series-specific Markov switching process. By introducing a neighbourhood system based on a network ...
    • Measuring sovereign contagion in Europe 

      Caporin, Massimiliano; Pelizzon, Loriana; Ravazzolo, Francesco; Rigobon, Roberto (CAMP Working Paper Series;4/2012, Working paper, 2014-06-24)
      This paper analyzes the sovereign risk contagion using credit default swaps (CDS) and bond premiums for the major eurozone countries. By emphasizing several econometric approaches (nonlinear regression, quantile regression ...
    • Mending the broken link: heterogeneous bank lending and monetary policy pass-through 

      Altavilla, Carlo; Canova, Fabio; Ciccarelli, Matteo (CAMP Working Paper Series;9/2016, Working paper, 2016)
      We analyze the pass-through of monetary policy measures to lending rates to fi rms and households in the euro area using a novel bank-level dataset. Banks characteristics such as the capital ratio, the exposure to sovereign ...
    • Mens vi venter på euroen 

      Isachsen, Arne Jon (CME Working paper series;3/1999, Working paper, 1999)
    • Mind the gap! Stylized dynamic facts and structural models. 

      Canova, Fabio; Ferroni, Filippo (CAMP Working Paper Series;13/2018, Working paper, 2018-12-11)
      We study what happens to identified shocks and to dynamic responses when the structural model features q disturbances and m endogenous variables, q ≤ m, but only m1 < q variables are used in the empirical model. Identified ...
    • Modelling Occasionally Binding Constraints Using Regime-Switching 

      Binning, Andrew; Maih, Junior (CAMP Working Paper Series;9, Working paper, 2017-12)
      Occasionally binding constraints are part of the economic landscape: for instance recent experience with the global financial crisis has highlighted the gravity of the lower bound constraint on interest rates; mortgagors ...
    • Monetary policy in Euroland 

      De Grauwe, Paul (CME Working paper series;, Working paper, 1999)
    • Monetary Policy in Oil Exporting Economies 

      Bergholt, Drago (CAMP Working Paper Series;5/2014, Working paper, 2014)
      How should monetary policy be constructed when national income depends on oil exports? I set up a general equilibrium model for an oil exporting small open economy to analyze this question. Fundamentals include an oil ...
    • Monetary policy shocks and exchange rate dynamics in small open economies 

      Terrell, Madison; Haque, Qazi; Cross, Jamie L.; Tchatoka, Firmin Doko (CAMP Working Paper Series;10/2023, Working paper, 2023-06-29)
      This paper investigates the relationship between monetary policy shocks and real exchange rates in several small open economies. To that end, we develop a novel identification strategy for time-varying structural vector ...
    • Monetary policy when export revenues drop 

      Bergholt, Drago; Røisland, Øistein; Sveen, Tommy; Torvik, Ragnar (CAMP Working Paper Series;04/2022, Working paper, 2022-11)
      We study how monetary policy should respond to shocks which permanently alter the steady state structure of the economy. In such a case monetary policy affects not only the short run misallocations due to nominal rigidities, ...
    • Monitoring multicountry macroeconomic risk 

      Korobilis, Dimitris; Schröder, Maximilian (CAMP Working Paper Series;06/2023, Working paper, 2023-08-03)
      We propose a multicountry quantile factor augmeneted vector autoregression (QFAVAR) to model heterogeneities both across countries and across characteristics of the distributions of macroeconomic time series. The presence ...
    • Multivariate Bayesian Predictive Synthesis in Macroeconomic Forecasting 

      McAlinn, Kenichiro; Aastveit, Knut Are; Nakajima, Jouchi; West, Mike (CAMP Working Paper Series;01/2019, Working paper, 2019-01-16)
      We present new methodology and a case study in use of a class of Bayesian predictive synthesis (BPS) models for multivariate time series forecasting. This extends the foundational BPS framework to the multivariate setting, ...
    • Mye vil ha mer 

      Isachsen, Arne Jon (CME Working Papers;1/2015, Working paper, 2015)
      Dette arbeidsnotatet setter sammen brevene fra fjorårets seks siste måneder: Kina er tjent med den valutapolitikken landet nå har. Kina trenger en gradvis liberalisering av det innenlandske kredittmarkedet. Denne ...
    • Narrative monetary policy surprises and the media 

      ter Ellen, Saskia; Larsen, Vegard H.; Thorsrud, Leif Anders (CAMP Working Paper Series;06/2019, Working paper, 2019-10-16)
      We propose a method to quantify narratives from textual data in a structured manner, and identify what we label "narrative monetary policy surprises" as the change in economic media coverage explained by central bank ...
    • Nasjonalbudsjettet 2001 

      Steigum, Erling; Klovland, Jan Tore; Schjelderup, Guttorm; Thøgersen, Øystein (CME Working paper series;9/2000, Working paper, 2000)
    • Nasjonalbudsjettet 2003: Fra konjunktur til struktur ; Pengepolitikken mer dominerende 

      Houg, Kjetil; Leitemo, Kai (CME Working paper series;8/2002, Working paper, 2002)