Economic Bulletin articles from October 2006

Economic Bulletin archives from October 2006

Forecasting in Norges Bank.
October 1, 2006... Norges Bank's forecasts of economic developments form an important part of the basis for monetary policy. The projections of economic variables and Norges Bank's interest rate forecast are interdependent. Current information about economic...

Is the market microstructure of stock markets important?
October 1, 2006... The market microstructure literature studies how the actual transaction process--i.e. how buyers and sellers find one another and agree on a price--can affect price formation and trading volumes in a market. This article provides an...

Financial variables and developments in the real economy.
October 1, 2006... This article examines whether financial variables are useful as leading indicators of the output gap and mainland GDP growth. Financial variables may be leading indicators either because they (a) are priced on the basis of expectations, (b)...

Order flow analysis of exchange rates.
October 1, 2006... Norges Bank recently started to collect new foreign exchange statistics. (2) These statistics provide ah overview of which foreign currencies various market participants buy and sell against NOK. Participants' purchases and sales (order flow)...

Tables.
October 1, 2006... 1. Norges Bank. Balance sheet. In millions of NOK 2. Norges Bank. Investments for Government Pension Fund--Global. In millions of NOK 3. Banks. Balance sheet. In millions of NOK 4. Banks. Loans and deposits by public sectors. In...