Economic Bulletin articles from June 2005

Economic Bulletin archives from June 2005

The macroprudential approach to financial stability *.
June 1, 2005... Introduction Financial stability has become an increasingly important objective in economic policymaking during recent decades. In the 1980s, direct regulation of credit markets and capital flows was dismantled in many countries. This...

Norges Bank's role in the event of liquidity crises in the financial sector.
June 1, 2005... Central banks have traditionally had a role as lender of last resort (LLR). This means that the central bank can supply extraordinary liquidity to an individual bank or the banking system when demand for liquidity cannot be met from other...

The output gap in Norway--a comparison of different methods.
June 1, 2005... Are pressures in the economy strong or subdued? The answer to this question is important to a central bank operating an inflation-targeting monetary policy regime, because the degree of pressure in the economy can provide some indication of...

Final pair of coins to mark the centennial celebration 1905-2005: the final pair in Norges Bank's series of coins commemorating the end of Norway's union with Sweden was issued on 7 June 2005, the hundredth anniversary of the Storting resolution that led to the dissolution of the union with Sweden in 1905.
June 1, 2005... Norges Bank has issued a series of commemorative coins to mark the event. The coin series comprises three gold and three silver coins. The first pair was issued on 27 November 2003 to commemorate the day in 1905 when King Haakon VII took his...

Statistical annex.
June 1, 2005... Statistical annex Financial institution balance sheets 1. Norges Bank. Balance sheet 2. Norges Bank. Specification of international reserves 3. State lending institutions. Balance sheet 4. Banks. Balance sheet 5....