On the basis of data from the Historical Monetary Statistics-project by Norges Bank, the present paper serves a threefold purpose. In the first place it gives an overview of financial crisis in Norway from her independence from Denmark in 1814 till present times. Secondly, historical business cycles are mapped and we conclude that the major financial crises were mirrored in significant slumps in the real economy. Thirdly, the paper investigates credit and monetary developments, and concludes that the major financial crises in Norway typically took place after substantial money and credit expansion causing overheating and bubbles to the economy.publishedVersio
Reinhart and Rogoff (2008, 2009) picked up five financial crises as the most catastrophic case in th...
The thesis investigates the two most recent crises affecting the Norwegian banking system, namely th...
The Norwegian experiences of the past thirty years illustrate what we believe are two general tenden...
On the basis of data from the Historical Monetary Statistics-project by Norges Bank, the present pap...
The paper offers a chronology of financial crises in Norway from her independence in 1814 till pres...
Author's version of an article in the journal: Financial History Review. Also available from the pub...
The present paper seeks to investigate the importance of financial instability during four banking c...
The recent turmoil in the global financial markets raises questions about the nature of the downturn...
In recent years, many countries have experienced a sharp rise in house prices and household credit. ...
Work on historical monetary and financial statistics in Norges Bank started in the 1990s. We were in...
We assess the strength of the impact of a monetary policy shock on financial crisis probability in N...
In the fall of 2004 Norges Bank published the first volume in its series on Historical Monetary Stat...
This book presents historical data on a (small) number of macroeconomic variables relevant to moneta...
This article is a slightly revised version of Chapter II (the summary) of Norges Bank’s Occasional P...
Based on the methodology developed by Hodrick & Prescott (1980), it is shown that monetary activity ...
Reinhart and Rogoff (2008, 2009) picked up five financial crises as the most catastrophic case in th...
The thesis investigates the two most recent crises affecting the Norwegian banking system, namely th...
The Norwegian experiences of the past thirty years illustrate what we believe are two general tenden...
On the basis of data from the Historical Monetary Statistics-project by Norges Bank, the present pap...
The paper offers a chronology of financial crises in Norway from her independence in 1814 till pres...
Author's version of an article in the journal: Financial History Review. Also available from the pub...
The present paper seeks to investigate the importance of financial instability during four banking c...
The recent turmoil in the global financial markets raises questions about the nature of the downturn...
In recent years, many countries have experienced a sharp rise in house prices and household credit. ...
Work on historical monetary and financial statistics in Norges Bank started in the 1990s. We were in...
We assess the strength of the impact of a monetary policy shock on financial crisis probability in N...
In the fall of 2004 Norges Bank published the first volume in its series on Historical Monetary Stat...
This book presents historical data on a (small) number of macroeconomic variables relevant to moneta...
This article is a slightly revised version of Chapter II (the summary) of Norges Bank’s Occasional P...
Based on the methodology developed by Hodrick & Prescott (1980), it is shown that monetary activity ...
Reinhart and Rogoff (2008, 2009) picked up five financial crises as the most catastrophic case in th...
The thesis investigates the two most recent crises affecting the Norwegian banking system, namely th...
The Norwegian experiences of the past thirty years illustrate what we believe are two general tenden...