This paper analyzes the implications of a low interest rate environment (the zero lower bound – ZLB) for the demand for commercial real estate. Investment demand is conventionally assessed by return and risk adjusted return, ...

Denne artikkelen ser nærmere på sammenhengen mellom belåningsgraden (Loan-to-value (LTV)) og belåningsgevinsten i husholdningenes boliginvesteringer. Siden 1992 har prisutviklingen i det norske boligmarkedet gitt betydelige ...

This paper integrates a non-profit third-housing sector (THS) into a housing market with Cournot competition. The paper analyses the indirect effects of a THS on the aggregate housing market, on a commercial housing supplier ...

Samtidig med de siste årenes sterke vekst i boligprisene har både banker og husholdninger økt sin boligmarkedseksponering. For husholdninger er boligkjøp både motivert i et behov for boligkonsum og bruken av bolig som ...

Exchange rate fluctuations represent a challenge for the internationalization of all firms, both big and small. This paper reflects on two aspects of the exchange rate challenge - (i) the exchange rate pass-through and ...

This paper reflects on the banking market in Norway, a small open economy with a market player that is “too big- and too public to fail” (TBTPF). Discussing competition, risk and regulation, this paper reflects on market ...

This paper analyses indirect effects of social housing policy (SHP) in a segmented housing market. A two segment-housing ladder, where equity determines up trading, shows how SHP-measures targeting either housing supply ...