Published Nov. 17, 2014 10:44 AM

The slides to Ida Wolden Backe's lecture today (November 17) are available under "Lectures".

Published Nov. 17, 2014 10:41 AM


Published Nov. 11, 2014 11:38 AM

Under "Supplementary Reading"  there is a staff memo from Norges Bank on "Macroprudential Regulation - What, Why and How?", which is recommended Reading for the lecture by Ida Wolden Bache.

Published Nov. 10, 2014 10:53 AM

The slides for the lectures on November 3 and 10 are available under "Lectures"

Published Nov. 10, 2014 10:41 AM

Seminar 8. Since there has been demand for some clarification, I have posted  my own suggested answers. I also recommend the student answers which are more comprehensive on some points. AR

Published Oct. 31, 2014 9:52 AM

The problem set for the last seminar, on November 11, is now available under "Seminars". There are four authors assigned to this set - please coordinate: Islam, Weierud, Tjønneland, Robel Alemu. Send in the answers to Arne not later than the day before.

Published Oct. 24, 2014 10:52 AM

The problem set for seminar #9 (November 3) is now available under "Seminars". This is the set that was given for the exam last year; one about Deposit Insurance and one essay-like problem about "what makes banks special?"

There are four students signed up for this set: Syrstad&Høgset, Weierud&BårdOla. Please coordinate!

Published Oct. 21, 2014 7:59 AM

The problem set for Seminar 8 is now available.

Published Oct. 14, 2014 11:59 AM

The problem set for seminar 7; October 21, is now available under "Seminars". The problems is to be answered by Skavdal and Myhre.

Published Oct. 13, 2014 9:13 AM

Mid-term evaluation. You are invited to comment on all the lecturers and seminar leaders in this course.

Published Oct. 8, 2014 8:38 AM

The plan for the next three lectures is

October 13: Banks and macro  (Rødseth, Woodford)

October 20: Overborrowing and systemic risk (Bianchi)

October 27: crises, bubbels, systemic risk  (Brunnermeier and Oemkhe)

The lecture on October 13 will assume that the most of my intro is read in advance, Focus will be on issues related to monetary policy and business cycles.



Published Oct. 3, 2014 2:36 PM

The problem set for seminar #6, October 14, is now available under "Seminars". There are two problems to be solved, and the following four will hand in a solution: Øye Opheim, McKay, Herregården and Myrmoen. (One couple should answer one and only one problem - coordinate, please!) E-mail (as pdf) to Arne not later than Monday 13.)

Published Oct. 3, 2014 11:14 AM

There is a small change in the schedule. Rødseth starts with "Bubbles", cf. the paper on the reading list by Martin and Ventura. He will then continue as planned. The slides for the first lecture is available under "Lecture Notes".

Also, the introduction on "Banking and Macro" by Rødseth is available under "Lecture Notes".

The problem set 6 (October 14) will be available on Monday.

Published Sep. 26, 2014 1:46 PM

The problem set for seminar 5, October 7 is now available under "Seminars". This problem set is to be solved Alexeeva et al. - e-mailed to Arne not later than Monday 6, before the lecture.

Published Sep. 22, 2014 2:49 PM

In a few days a supplement to the Hellmann-Murdock-Stiglitz paper that was the topic of the lecture on September 22, will be available. Also the announced paper by Rødseth will be published soon. 

Published Sep. 15, 2014 4:55 PM

In the lecture today I had a reference to a report by Tord Krogh "Credit Regulations in Norway, 1970 - 2008"; 37/2010, Statistics Norway. It  contains a detailed survey of the development and changes in the credit market in Norway, especially during the 1980s.You find it under "Supplementary Reading".

Published Sep. 11, 2014 10:11 AM

The problem set for seminar 4, September 23, is now available under "Seminars". (Syrstad and Høgset will provide answers to the two problems - send on e-mail (pdf) to Arne before the lecture on Monday the 22.)

Published Sep. 10, 2014 3:33 PM

I have prepared a short note outlining the main results of the Holmström-Tirole model, and presented some comparative static results that will be discussed on next Monday (September 15). You find the note under "Lecture Notes".

Published Sep. 5, 2014 12:08 PM

The problem set for seminar 3; on September 16, is now available under "Seminars". This problem will be answered by Willadssen and Myhre, who will provide an answer to Arne Gramstad not later than Monday (15/9) - before the lecture)

Published Aug. 29, 2014 5:16 PM

As promised on the schedule, I have prepared a hand-out for the lecture on Monday September 1, "On Credit Risk and Contracting". It is available under "Lecture Notes". 

Published Aug. 29, 2014 3:33 PM

The problem set for seminar # 2, September 9, is now available under seminars. This problem will be solved by Skavdal and Rashod by Monday the 8., before the lecture starts.

Published Aug. 26, 2014 2:29 PM

Based on the lecture yesterday, I have prepared a note on the main features of the Diamond-Dybvig model; see under Lecture Notes.

Published Aug. 21, 2014 2:02 PM

The problem set for the first seminar (September 2) is now available under "Seminars, problems and solutions".

On Monday (August 25) you will have the opportunity to be assigned for the various problems of the seminars; ten in all.

Published Aug. 19, 2014 3:58 PM

Under Lecture Notes you find a hand-out on how we reached the main result in Tobin's model.

Published Aug. 19, 2014 10:00 AM

Jens Skavdal is the contact student at "Banking". (