• A financial accelerator in the business sector of a macro-econometric model of a small open economy 

      Benedictow, Andreas; Hammersland, Roger (Economic Systems;2019, Journal article; Peer reviewed, 2019)
      We have incorporated a financial accelerator mechanism operating through investments in the business sector in a dynamic macroeconometric model of the Norwegian economy. In this new and amended model aggregated credit and ...
    • Transition risk of a petroleum currency 

      Benedictow, Andreas; Hammersland, Roger (Peer reviewed; Journal article, 2023)
      The Norwegian krone has been persistently weak since 2017. This is not well explained by data in a standard model where the exchange rate depends on relative interest rates and prices. We extend the standard model by ...