Arbeitspapier
The Dynamics of Operating Income in the Norwegian Banking Sector
The banking literature contains only a handful of studies of how bank revenues vary over the business cycle, and nearly all of these studies look exclusively on the net interest margin. The general conclusion has been that the margin tends to increase during recessions and decrease during booms. In this paper we study the effect of macroeconomic variables on the operating income in the Norwegian banking sector. We contribute to the existing literature by looking at how net interest income as well as fee income varies over the cycle in an error correction framework, which allows us to identify both short term and long term relationships. Our paper also differs from most previous studies by taking into account the volume effect as well as the price effect of the business cycle.
- ISBN
-
978-82-7553-451-2
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Paper ; No. 2008/13
- Classification
-
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Business Fluctuations; Cycles
- Subject
-
bank operating income
business cycles
- Event
-
Geistige Schöpfung
- (who)
-
Andersen, Henrik
Berg, Sigbjørn Atle
Jansen, Eilev S.
- Event
-
Veröffentlichung
- (who)
-
Norges Bank
- (where)
-
Oslo
- (when)
-
2008
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Andersen, Henrik
- Berg, Sigbjørn Atle
- Jansen, Eilev S.
- Norges Bank
Time of origin
- 2008
Other Objects (12)
Strategy Report - The Norwegian Government Pension Fund - Global
Why Do Banking Crises Occur? the American Subprime Crisis Compared with the Norwegian Banking Crisis 1987-92
Input-Output Analysis of the Norwegian Economy
When Does the Oil Price Affect the Norwegian Exchange Rate?
Liquidity indicators for the Norwegian government bond market
Assessment of Credit Risk in the Norwegian Business Sector
Norwegian and International Yields in the 10 Year Segment
Norges Bank's BEER Models for the Norwegian Effective Exchange Rate
Early Warning Indicators for Norwegian Banks: A Logit Analysis of the Experiences from the Banking Crisis
The Golden Interest Rule: Robust Simple Interest Rate Rules for the Norwegian Economy
Nonlinearities in the Relationship Between Oil Price Changes and Movements in the Norwegian Krone
The Daily Liquidity Effect in a Floor System - Empirical Evidence from the Norwegian Market
Strategy Report - The Norwegian Government Pension Fund - Global
Why Do Banking Crises Occur? the American Subprime Crisis Compared with the Norwegian Banking Crisis 1987-92
Input-Output Analysis of the Norwegian Economy
When Does the Oil Price Affect the Norwegian Exchange Rate?
Liquidity indicators for the Norwegian government bond market
Assessment of Credit Risk in the Norwegian Business Sector
Norwegian and International Yields in the 10 Year Segment
Norges Bank's BEER Models for the Norwegian Effective Exchange Rate
Early Warning Indicators for Norwegian Banks: A Logit Analysis of the Experiences from the Banking Crisis
The Golden Interest Rule: Robust Simple Interest Rate Rules for the Norwegian Economy
Nonlinearities in the Relationship Between Oil Price Changes and Movements in the Norwegian Krone
The Daily Liquidity Effect in a Floor System - Empirical Evidence from the Norwegian Market
Strategy Report - The Norwegian Government Pension Fund - Global
Why Do Banking Crises Occur? the American Subprime Crisis Compared with the Norwegian Banking Crisis 1987-92
Input-Output Analysis of the Norwegian Economy
When Does the Oil Price Affect the Norwegian Exchange Rate?
Liquidity indicators for the Norwegian government bond market
Assessment of Credit Risk in the Norwegian Business Sector
Norwegian and International Yields in the 10 Year Segment
Norges Bank's BEER Models for the Norwegian Effective Exchange Rate
Early Warning Indicators for Norwegian Banks: A Logit Analysis of the Experiences from the Banking Crisis
The Golden Interest Rule: Robust Simple Interest Rate Rules for the Norwegian Economy
Nonlinearities in the Relationship Between Oil Price Changes and Movements in the Norwegian Krone