The Impact of Monetary Policy on Leading Variables for Financial Stability in Norway

In the new CAMP working paper 02/2020, Olsen and Wieslander search for leading determinants of financial instability in Norway, and examine how these determinants respond to a monetary policy shock.  Using a Signaling Approach, they find that the wholesale funding ratio and gap, credit-to-GDP gap, house price-to-income ratio and gap, and credit growth provides good …

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FNI Update February – The Business Cycle is Weakening

The Financial News index (FNI) is designed to track Norwegian GDP growth and the business cycle at high frequency. The underlying indicators are daily time series representing how much the media writes about various topics. The FNI was last updated 29 February. Updated with news from February, the FNI index shows a significant fall towards …

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