dc.contributor.author | Halvorsen, Elin | |
dc.date.accessioned | 2011-11-24T14:18:58Z | |
dc.date.available | 2011-11-24T14:18:58Z | |
dc.date.issued | 2003 | |
dc.identifier.issn | 1892-753x | |
dc.identifier.uri | http://hdl.handle.net/11250/180435 | |
dc.description.abstract | Abstract:
I use new micro data to study the effects of credit deregulation on the Norwegian household savings
decline in the mid-1980s. This paper has three main findings. First, the decline in saving started in
1983, a couple of years earlier than previously thought on the basis of National Accounts data.
Second, it was primarily young and middle-aged households who increased their consumption.
Finally, the rapid increase in housing prices in 1985-86 may have been an important determinant of
older and retired households' saving through reversed mortgages, but cannot on its own explain the
decline in savings that started in 1983. | no_NO |
dc.language.iso | eng | no_NO |
dc.publisher | Statistics Norway, Research Department | no_NO |
dc.relation.ispartofseries | Discussion Papers;No. 361 | |
dc.subject | Savings | no_NO |
dc.subject | Household savings | no_NO |
dc.subject | Norway | no_NO |
dc.subject | Consumption | no_NO |
dc.subject | Households consumption | no_NO |
dc.subject | Wealth effects | no_NO |
dc.subject | House prices | no_NO |
dc.subject | Housing market | no_NO |
dc.subject | JEL classification: D91 | no_NO |
dc.subject | JEL classification: E21 | no_NO |
dc.subject | JEL classification: E44 | no_NO |
dc.subject | Financial deregulation | no_NO |
dc.title | Financial deregulation and household saving : the Norwegian experience revisited | no_NO |
dc.type | Working paper | no_NO |
dc.subject.nsi | VDP::Social science: 200::Economics: 210::Economics: 212 | no_NO |
dc.source.pagenumber | 30 s. | no_NO |