Download or read book The Housing Market in Norway written by Øyvind Mong and published by . This book was released on 2008 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Housing Phillips Curve and Momentum in the Norwegian Housing Market written by Sara Jahr Kirkeby and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides descriptive evidence for a housing Phillips curve in Norway, suggesting a negative relationship between the ratio of inventory-to-sales and subsequent house price growth in the market for existing homes. We show that the negative relationship between inventory-to-sales and house price growth in Norway only holds at short horizons, consistent with short-term momentum in the Norwegian housing market. This is in contrast to the U.S. housing market, where the Phillips curve relationship and momentum effects persist over longer horizons. We also examine heterogeneity in the housing Phillips curve and momentum across Norwegian local housing markets and find that the housing Phillips curve is stronger in larger cities. Overall, our findings imply that the Norwegian housing market is less frictional than the U.S. housing market, with homes selling faster on average and house prices responding faster to shocks.
Download or read book Housing in Norway written by Norway. Boligdirektoratet and published by . This book was released on 1968 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Drivers of Norway s House Prices written by Urban Sila and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Metropolitan Housing Markets written by Ake E. Andersson and published by Springer Science & Business Media. This book was released on 2007-07-28 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive analysis of housing theory and policy with a focus on metropolitan regions. The results are based on case studies of twelve European metropolitan regions, including expert panels organized in each. Using an approach from the field of industrial economics, the analysis is divided into the three related stages, "structure", "conduct" and "performance."
Download or read book The Housing Market Outcomes of Immigrants in Norway written by John E. Hayfron and published by . This book was released on 2000 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper I analyze the housing market outcomes of immigrants in Norway. An initial descriptive analysis of the raw data indicates that a higher proportion of immigrant and Norwegian renters in 1980 became home-owners in 1990. Moreover, the MNL results indicate a convergence between the homeownership rate of immigrants and that of Norwegians over time. The decomposition analyses indicate that a greater part of the growth in homeownership among immigrants and Norwegians between 1980 and 1990 is due to residual, or homeownership propensity effect, while changes in endowment account for the narrowing of the gap between Norwegian and immigrant homeownership rates over time.
Download or read book Hot Property written by Rob Nijskens and published by Springer. This book was released on 2019-06-14 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand is out-pacing supply, which causes house prices to soar and increases the pressure on rental markets. These developments are posing major challenges for policymakers, central banks and other authorities responsible for ensuring financial stability, and economic well-being in general.This volume collects views from high-level policymakers and researchers, providing essential insights into these challenges, their impact on society, the economy and financial stability, and possible policy responses. The respective chapters address issues such as the popularity of cities, the question of a credit-fueled housing bubble, the role of housing supply frictions and potential policy solutions. Given its scope, the book offers a revealing read and valuable guide for everyone involved in practical policymaking for housing markets, mortgage credit and financial stability.
Download or read book Nordic Economic Policy Review 2021 Nordic Housing Markets and Policies written by Anundsen, André Kallåk and published by Nordic Council of Ministers. This book was released on 2021-05-04 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Available online: https://pub.norden.org/nord2021-022/ This issue of Nordic Economic Policy Review is devoted to Nordic housing markets and housing policies. Nordic housing markets face more or less the same problems and challenges, but the way policies and regulations deal with them differs in many respects. A comparison of policies, regulations and results across countries yields valuable lessons for policymakers. The work has been led and edited by Professor emeritus Harry Flam and Professor emeritus Peter Englund.
Download or read book Housing and Housing Policy in the Nordic Countries written by Martti Lujanen and published by Nordic Council of Ministers. This book was released on 2004 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Housing Demand and Vacancy Chains written by Tor Bysveen and published by . This book was released on 1984 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Estimating a Housing Phillips Curve written by Andreas Benedictow and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a high-resolution housing transaction data set, we examine the relationship between price changes and the unsold rate in the Norwegian housing market within a Phillips curve framework. We find that price changes and the unsold rate are associated, but our results indicate a reversed causality, from price changes to the unsold rate. We interpret our findings in a framework based on micro-foundations in which households decide on the sequence of buying and selling, i.e. whether to hold two or zero houses in the transition period. Data on individual sellers and buyers support the hypothesis that the propensity to hold two houses is pro-cyclical.
Download or read book OECD Economic Surveys Norway 2022 written by OECD and published by OECD Publishing. This book was released on 2022-02-22 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD’s periodic surveys of the Norwegian economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.
Download or read book OECD Economic Surveys Norway 2024 written by OECD and published by OECD Publishing. This book was released on 2024-06-20 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Norway’s economy is slowing as inflation and higher interest rates weigh on consumption and investment. The labour market is tight and wage growth robust, while labour shortages and job mismatches are high and rising. Inflation is falling but still way above the target of 2%. The fiscal stance is expansionary. It should become contractionary to support monetary policy. While Norway is one of the OECD’s most productive countries, productivity growth over the past decade has been weak. Making skills more relevant, notably by strengthening vocational education and training, could help raise productivity and ease tight labour markets. Higher and broader taxation of greenhouse gas emissions and investing in lower‐cost emission cuts would help achieve emission reductions more efficiently. Public spending as a share of GDP is the highest in the OECD, which brings important benefits in the form of high-quality public services. However, oil revenues are set to decline, and ageing costs to rise, foreshadowing strains on public finances in the future. Norway could benefit from applying a medium-term expenditure framework, introducing a spending rule, and establishing a full-fledged fiscal council. Reforming the very generous sickness and disability scheme could help reduce spending pressures and increase employment. Regional policy should become more cost-conscious. Infrastructure investment is very high, and imposing a minimum benefit-cost ratio on individual projects and strengthening ex-post evaluations could help improve its effectiveness. SPECIAL FEATURE: RAISING THE EFFECTIVENESS OF PUBLIC SPENDING
Download or read book Endogenous Housing Market Cycles written by Trond Borgersen and published by . This book was released on 2006 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Norway written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-02-02 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Norway’s near-term macroeconomic priority is to reduce risks arising from high-household debt by tightening macroprudential standards for mortgage lending while undertaking tax reforms to gradually reduce incentives for excessive leverage. Creating a stronger institutional framework for acroprudential policy would also assist risk mitigation in the future. With the output gap closing, fiscal tightening is needed over the medium term in the central scenario to rebuild precautionary buffers and ensure that fiscal guidelines are met on average over the cycle.
Download or read book Norway written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2018-09-17 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper describes wages and competitiveness in Norway. Norway may have to downwardly revise its expectations for wage growth if it is to avoid a significant loss of competitiveness and manage the transition to a less oil-dependent economy. Norway was able to afford very high wage growth in the past (notwithstanding the noted challenges in several sectors) thanks to good fortune in its terms of trade. Going forward, it would be prudent not to count on being fortunate twice: wage moderation would help build resilience in case of less favorable trends in international prices. It would also help facilitate the needed transition out of oil by supporting sectors that did not benefit from past terms of trade gains. Communication from the government can continue to help in managing public expectations. Fiscal policy plays a key role in promoting competitiveness and containing the spending effect of Dutch Disease. After a prolonged expansion of fiscal policy—partly enabled by large valuation gains of the sovereign wealth fund—it is now appropriate to gradually start tightening fiscal policy. The ongoing up-cycle provides an ideal setting to get started on structural consolidation, which will ultimately be needed to face to address aging pressures.
Download or read book Exploring Norway s Fertility Work and Family Policy Trends written by OECD and published by OECD Publishing. This book was released on 2023-06-20 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like other Nordic countries Norway has been investing heavily in family policy to enable combining work and family life. Nevertheless, between 2009 and 2022 the Total Fertility Rate (TFR) in Norway dropped from 2 children to 1.4 children per woman.
