Browsing HiØ Brage by Author "Borgersen, Trond-Arne"
Now showing items 1-20 of 27
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A comment on LTV, risk and incentives in mortgage markets
Borgersen, Trond-Arne; Greibrokk, Jørund (Arbeidsrapport (Høgskolen i Østfold);2012:4, Working paper, 2012-08-29)This paper comments on the increase in LTV ratios experienced in a number of countries in the years preceding the financial crisis. Highlighting the capital structure of housing investments and the excess return to housing ... -
Are the traditional trade-exchange rate theorems relevant for developing countries facing entry costs in international markets?
Borgersen, Trond-Arne (Arbeidsrapport (høgskolen i Østfold), Working paper, 2008-12-01)This paper investigates the relevance of traditional trade-exchange rate theo- rem for developing countries facing sunk entry costs in international markets. First the theorems analysing pricing of tradable goods and the ... -
Are the traditional trade-exchange rate theorems relevant for developing countries facing entry costs in international markets?
Borgersen, Trond-Arne (Arbeidsrapport (høgskolen i Østfold), Working paper, 2008-12-01)This paper investigates the relevance of traditional trade-exchange rate theo- rem for developing countries facing sunk entry costs in international markets. First the theorems analysing pricing of tradable goods and the ... -
Balassa-Samuelson: still haven't found what we're looking for?
Borgersen, Trond-Arne; King, Roswitha M. (Arbeidsrapport (Høgskolen i Østfold), Working paper, 2009-10-07)Despite its strong theoretical position when it comes to explaining inflation in transition economies, the empirical merits of the Balassa-Samuelson (B-S) effect are weak. This paper points to three theory-based contributing ... -
Balassa-Samuelson: still haven't found what we're looking for?
Borgersen, Trond-Arne; King, Roswitha M. (Arbeidsrapport (Høgskolen i Østfold), Working paper, 2009-10-07)Despite its strong theoretical position when it comes to explaining inflation in transition economies, the empirical merits of the Balassa-Samuelson (B-S) effect are weak. This paper points to three theory-based contributing ... -
Boligpriser, formueseffekter og endringer i boliglånsmarkedet
Borgersen, Trond-Arne; Greibrokk, Jørund (Arbeidsrapport (Høgskolen i Østfold);2011:4, Working paper, 2011-08-29)Denne artikkelen knytter formueseffektene som følger fra økte boligpriser opp mot viktige endringer i det norske boliglånsmarkedet de siste 10 årene. To aspekter belyses: For det første hvordan boligmarkedsklatring gjør ... -
Boligpriser, formueseffekter og endringer i boliglånsmarkedet
Borgersen, Trond-Arne; Greibrokk, Jørund (Arbeidsrapport (Høgskolen i Østfold);2011:4, Working paper, 2011-08-29)Denne artikkelen knytter formueseffektene som følger fra økte boligpriser opp mot viktige endringer i det norske boliglånsmarkedet de siste 10 årene. To aspekter belyses: For det første hvordan boligmarkedsklatring gjør ... -
A comment on mortgage procyclicality
Borgersen, Trond-Arne; Robertsen, Karl (Arbeidsrapport (Høgskolen i Østfold);2010:3, Working paper, 2010-09-06)This paper comments on mortgage procyclicality. A framework for credit constraints along the lines of Kiyotaki and Moore (1997) illustrates the potential regime shift in the credit risk assessments of mortgagees. Depending ... -
A comment on mortgage procyclicality
Borgersen, Trond-Arne; Robertsen, Karl (Arbeidsrapport (Høgskolen i Østfold);2010:3, Working paper, 2010-09-06)This paper comments on mortgage procyclicality. A framework for credit constraints along the lines of Kiyotaki and Moore (1997) illustrates the potential regime shift in the credit risk assessments of mortgagees. Depending ... -
A comment on the optimal structure of export processing free zones
Borgersen, Trond-Arne (Arbeidsrapport (Høgskolen i Østfold), Working paper, 2007-09-10)This article comments on the industrial structure of developing countries’ export processing free zones (EPZ). As developing countries are exposed to irrecoverable entry costs in international markets, the relationship ... -
A comment on the optimal structure of export processing free zones
Borgersen, Trond-Arne (Arbeidsrapport (Høgskolen i Østfold), Working paper, 2007-09-10)This article comments on the industrial structure of developing countries’ export processing free zones (EPZ). As developing countries are exposed to irrecoverable entry costs in international markets, the relationship ... -
Equity induced up-trading and the housing market structure: Implications for Price-to-Income (PTI) and macroprudential interventions
Borgersen, Trond-Arne (Arbeidsrapport (Høgskolen i Østfold);2012:3, Working paper, 2012-06-27)This paper relates the housing market structure and the intensity of equity induced up-trading between market segments to the equilibrium ratio between house prices and household income (PTI-ratio). When fed back into the ... -
Housing careers, house price dispersion and the housing market multiplier
Borgersen, Trond-Arne (Arbeidsrapport (Høgskolen i Østfold);2012:7, Working paper, 2012-10-11)Housing markets reflect our housing consumption profile over the life cycle. As we age, marry and have kids, we seek larger dwellings and to a greater extent owner-occupied housing. The up-trading process has two key ... -
Housing careers, P/R-ratios and rental equivalence
Borgersen, Trond-Arne; Sommervoll, Dag einar (Arbeidsrapport (Høgskolen i Østfold);2010:4, Working paper, 2010-11-16)This paper analyses price-rent ratios under different housing career structures. A housing market with three segments for owner-occupation and a segment with rental housing is applied while a housing career is characterised ... -
Housing careers, P/R-ratios and rental equivalence
Borgersen, Trond-Arne; Sommervoll, Dag einar (Arbeidsrapport (Høgskolen i Østfold);2010:4, Working paper, 2010-11-16)This paper analyses price-rent ratios under different housing career structures. A housing market with three segments for owner-occupation and a segment with rental housing is applied while a housing career is characterised ... -
Inflation in Latvia: how real is it?
Borgersen, Trond-Arne; King, Roswitha M. (Arbeidsrapport (Høgskolen i Østfold), Working paper, 2009-02-16)This paper applies and extends the Scandinavian Model of Inflation for analysing determinants of inflation in Latvia. In recent years high inflation has been a persistent problem for advocates of Latvian participation in ... -
Inflation in Latvia: how real is it?
Borgersen, Trond-Arne; King, Roswitha M. (Arbeidsrapport (Høgskolen i Østfold), Working paper, 2009-02-16)This paper applies and extends the Scandinavian Model of Inflation for analysing determinants of inflation in Latvia. In recent years high inflation has been a persistent problem for advocates of Latvian participation in ... -
"Path-dependence"effekter i kredittilbudet
Borgersen, Trond-Arne (Arbeidsrapport (Høgskolen i Østfold), Working paper, 2006)Artikkelen illustrerer hvordan kredittilbudet kan være gjenstand for ”path-dependence” (hysterese) effekter. ”Path-dependence”-tilnærmingen som benyttes er basert på en systemteoretisk aggregering med basis i magnetismen. ... -
"Path-dependence"effekter i kredittilbudet
Borgersen, Trond-Arne (Arbeidsrapport (Høgskolen i Østfold), Working paper, 2006)Artikkelen illustrerer hvordan kredittilbudet kan være gjenstand for ”path-dependence” (hysterese) effekter. ”Path-dependence”-tilnærmingen som benyttes er basert på en systemteoretisk aggregering med basis i magnetismen. ... -
Påvirker flytting boligprisene?
Borgersen, Trond-Arne; Greibrokk, Jørund; Sommervoll, Dag Einar (Arbeidsrapport (Høgskolen i Østfold), Working paper, 2008-06-04)Sammendrag:1 Boligprisen bestemmes i et marked som er preget av heterogenitet langs mange dimensjoner; blant annet knyttet til boligtype og etterspørselsmotiv så vel som til geografi. Boligprisene påvirkes av disse ...