Bericht
Financial Factors and the Macroeconomy - a Policy Model
This paper documents the theoretical structure of an extension of the Norges Bank policy model NEMO. New features include an explicit treatment of the credit market, including a separate banking sector, a role for housing services and house prices, and the option of using macro-prudential instruments as the LTV-ratio and capital requirements as policy instruments. The model rely on building blocks from the recent literature on the interaction between the financial sector and the real economy.
- ISBN
-
978-82-7553-813-8
- Sprache
-
Englisch
- Erschienen in
-
Series: Staff Memo ; No. 10/2014
- Klassifikation
-
Wirtschaft
- Thema
-
DSGE
credit market frictions
banking sector
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Brubakk, Leif
Gelain, Paolo
- Ereignis
-
Veröffentlichung
- (wer)
-
Norges Bank
- (wo)
-
Oslo
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Brubakk, Leif
- Gelain, Paolo
- Norges Bank
Entstanden
- 2014