• A financial accelerator in the business sector of a macro-econometric model of a small open economy 

      Benedictow, Andreas; Hammersland, Roger (Peer reviewed; Journal article, 2019)
      We have incorporated afinancial accelerator mechanism operating through investments in thebusiness sector in a dynamic macroeconometric model of the Norwegian economy. In this newand amended model aggregated credit and ...
    • Fiscal policy, macroeconomic performance and industry structure in a small open economy 

      Boug, Pål; von Brasch, Thomas Rolf Lydersen Lystad; Cappelen, Ådne; Hammersland, Roger; Hungnes, Håvard; Kolsrud, Dag; Zhulanova Skretting, Julia; Strøm, Birger; Vigtel, Trond Christian (Peer reviewed; Journal article, 2023)
      We analyse how fiscal policy affects both the macroeconomy and the industry structure, using a multi-sector macroeconomic model of the Norwegian economy with an inflation targeting monetary policy. Our simulations show ...
    • Nasjonalbudsjettet 2004 : ikke så ekspansivt som det gir inntrykk av 

      Hammersland, Roger (Journal article; Peer reviewed, 2003)
      Nasjonalbudsjettet for 2004 er ikke så ekspansivt som økningen i det strukturelle underskuddet skulle tilsi. Faktisk ser mesteparten av økningen i underskuddet mer ut til å skyldes trygdeytelser og betaling av gamle ...
    • Transition risk of a petroleum currency 

      Benedictow, Andreas; Hammersland, Roger (Peer reviewed; Journal article, 2023)
      The Norwegian krone has been persistently weak since 2017. This is not well explained by data in a standard model where the exchange rate depends on relative interest rates and prices. We extend the standard model by ...