Arbeitspapier
Financial Crises and Monetary Expansion
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.
- ISBN
-
978-82-7553-643-1
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2011/21
- Klassifikation
-
Wirtschaft
Business Fluctuations; Cycles
Money Supply; Credit; Money Multipliers
Financial Crises
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Europe: Pre-1913
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Europe: 1913-
- Thema
-
business cycles
supply of money and credit
financial crisis
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Grytten, Ola Honningdal
- Ereignis
-
Veröffentlichung
- (wer)
-
Norges Bank
- (wo)
-
Oslo
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Grytten, Ola Honningdal
- Norges Bank
Entstanden
- 2011
Ähnliche Objekte (12)
Optimal Bailout During Currency and Financial Crises: A Sequential Game Analysis
An historical perspective on financial stability and monetary policy regimes: A case for caution in central banks current obsession with financial stability
Monetary Policy in Real Time
Monetary Policy and Financial Stability in the Long Run
Robustifying Optimal Monetary Policy in Norway
On the Design of Monetary Policy Committees
Leaning against persistent financial cycles with occasional crises
Financial Globalization and Bank Lending: The Limits of Domestic Monetary Policy?
Monetary Policy and the Illusionary Exchange Rate Puzzle
The International Monetary System, 1844-1870: Arbitrage, Efficiency, Liquidity
The Risk-Taking Channel of Monetary Policy in Norway
Monetary Regime and the Co-Ordination of Wage Setting
Optimal Bailout During Currency and Financial Crises: A Sequential Game Analysis
An historical perspective on financial stability and monetary policy regimes: A case for caution in central banks current obsession with financial stability
Monetary Policy in Real Time
Monetary Policy and Financial Stability in the Long Run
Robustifying Optimal Monetary Policy in Norway
On the Design of Monetary Policy Committees
Leaning against persistent financial cycles with occasional crises
Financial Globalization and Bank Lending: The Limits of Domestic Monetary Policy?
Monetary Policy and the Illusionary Exchange Rate Puzzle
The International Monetary System, 1844-1870: Arbitrage, Efficiency, Liquidity
The Risk-Taking Channel of Monetary Policy in Norway
Monetary Regime and the Co-Ordination of Wage Setting
Optimal Bailout During Currency and Financial Crises: A Sequential Game Analysis
An historical perspective on financial stability and monetary policy regimes: A case for caution in central banks current obsession with financial stability
Monetary Policy in Real Time
Monetary Policy and Financial Stability in the Long Run
Robustifying Optimal Monetary Policy in Norway
On the Design of Monetary Policy Committees
Leaning against persistent financial cycles with occasional crises
Financial Globalization and Bank Lending: The Limits of Domestic Monetary Policy?
Monetary Policy and the Illusionary Exchange Rate Puzzle
The International Monetary System, 1844-1870: Arbitrage, Efficiency, Liquidity
The Risk-Taking Channel of Monetary Policy in Norway